124 Invermere Street

Whyte Ridge, Winnipeg

Property score

81.2

Excellent

Overall 81.2 · Compared with neighbourhood average

1,466 sqft (bottom 33%) · Built in 1994

Located in a high-income area with median household income of ~137k

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 school, 1 park, and 4 sports facilitys nearby

Living Area

Below average

12% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 69%Chinese · 6%

Past 10 years Whyte Ridge sales snapshot (~80% of all data)

Sold Count

752

Median price

536.3k

$/sqft

$352/sqft

Avg build year

1994

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Property score

81.2 is composed by the two sections below.

Property Score

73.4Good
Living Area1,466 sqft75Good
Year Built199481Excellent
Lot Size5,810 sqft74Good
Neighbourhood Sales Activity23Low

Community Score

92.9Excellent
Household Income92Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

Whyte Ridge

How to read: Share of sales in each ~$50k price band for “whyte ridge” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111057

Community deep dive

$137K

Median household income

$160K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

8%

Single-person households

45%

Families with children

Population, labour & age

Population (2021)541
Labour force participation rate66%
Median age47.2
Avg household size2.9
Unemployment rate5%
Population density3864 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households8%
Couple families with children45%
Median household income (2020)$137K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority29%
Bachelor's or higher (25–64)62%
Mother tongue (1st)English · 68%
Mother tongue (2nd)Chinese · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,466 sqft
0255075100
Same streetBottom 39%Same areaBottom 33%CitywideTop 32%
Same street · Invermere Street
#38 / 62
Bottom 39% · Avg 1,521 sqft
Same area · Whyte Ridge
#1,592 / 2,382
Bottom 33% · Avg 1,666 sqft
Citywide · Winnipeg
#63,108 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
454k
0255075100
Same streetBottom 8%Same areaBottom 7%CitywideTop 28%
Same street · Invermere Street
#57 / 62
Bottom 8% · Avg 494.2k
Same area · Whyte Ridge
#2,214 / 2,382
Bottom 7% · Avg 529.6k
Citywide · Winnipeg
#53,847 / 194,458
Top 28% · Avg 390.1k

Year Built

above average
1994
0255075100
Same streetTop 29%Same areaTop 43%CitywideTop 20%

Lot Size

above average
5,810 sqft
0255075100
Same streetTop 19%Same areaTop 43%CitywideTop 36%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

124 Invermere Street — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 446 m), 1 parks (nearest 449 m).

Search radius
🏫Education1
🌳Parks1
💪Sports4

Crime & Safety

Whyte Ridge · WPS public data · 2026

Annual incidents

4

2026

vs. city avg

-86%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Violent

75%

Sales History

Sold 10/2021CA$450k–500k
Sold price

Same street

Top 39%

Same area

Top 48%

City-wide

Top 18%

Related homes

Highlights & common questions: 124 Invermere Street, Winnipeg

124 Invermere Street, Whyte Ridge

This is a clean, updated property in a well-regarded Winnipeg neighbourhood. It offers a larger-than-average lot and newer construction relative to the city, but at a price point that sits below the local average.


Key Characteristics & Buyer Profile

This property is a 1994-built home with 1,466 square feet of living space on a 5,810-square-foot lot. The data shows a clear pattern: the home is positioned well on its street for land size (top 19%) and year built (top 29%), but its assessed value is notably lower than both its street and neighbourhood averages.

The appeal here is simple: you get a newer home on a generous lot, but without paying the premium that many other homes in Whyte Ridge command. The assessed value sits at roughly $454k, which is below the street average of $494k and the neighbourhood average of $530k. This suggests the property may be a more accessible entry point into the area, or it may represent an opportunity to add value over time.

Living area is slightly below the neighbourhood average (1,466 sqft vs. 1,666 sqft), but the larger lot provides outdoor space that many newer builds in the city lack. Citywide, the home ranks in the top 32% for living area and top 28% for assessed value, so it is not a small property by Winnipeg standards—just slightly more modest than its immediate neighbours.

Who this would suit: This is a practical choice for a buyer who wants a home from the mid-90s or later, values yard space, and is comfortable being on a street where some neighbours have larger or more expensive homes. It may also appeal to an investor or homeowner looking for a property with a lower-than-average local price point, where the lot itself is a standout feature. It is less suited for someone who needs maximum interior square footage or wants a home that immediately matches the top end of the neighbourhood.


Frequently Asked Questions

1. How does the assessed value compare to similar homes in Whyte Ridge?
The home is assessed below the neighbourhood average of $529,600, ranking in the bottom 7% locally. However, it sits above the citywide average of $390,100, so the value reflects a premium for the area, just not as high as many nearby homes.

2. Is the lot size notably bigger than what is typical for this area?
Yes. The lot is 5,810 sqft, ranking in the top 19% on Invermere Street itself. It is slightly smaller than the Whyte Ridge average (6,175 sqft), but larger than the citywide average (6,570 sqft should be read carefully; the lot is below that figure but still ranks in the top 36% citywide, meaning many city lots are much smaller).

3. What year was the home built, and how does that compare?
Built in 1994, which places it in the top 20% citywide (the average Winnipeg home is from 1966). Within Whyte Ridge, it is roughly average, with the neighbourhood average also being 1994.

4. Does the living area feel small compared to other homes on the street?
The living area (1,466 sqft) is slightly below the street average of 1,521 sqft, but only by about 55 square feet. It ranks in the middle of the street (top 61%). It is not significantly smaller, but it is not the largest home on the block.

5. How useful are these rankings for making an offer?
They give context, not a price. The assessed value is not the same as market value, but it is a benchmark. The rankings help you see where the property sits within its immediate competition. If you value a large lot and a newer build, this home ranks well on both. If you are comparing it to homes of similar size on smaller lots, the value may be stronger than the raw assessment suggests.

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