Property score
86.2
Excellent
Overall 86.2 · Newer than most nearby homes
1,660 sqft (top 47%) · Built in 1997 (3 yrs newer than avg)
Located in a high-income area with median household income of ~182k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 3 parks nearby
Living Area
Near average
0% smaller than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 69%Chinese · 5%
Past 10 years Whyte Ridge sales snapshot (~80% of all data)
752
536.3k
$352/sqft
1994
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Property score
86.2 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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: #46111213
Community deep dive
$182K
Median household income
$220K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.5
P90 / P10 ratio
9%
Single-person households
54%
Families with children
Population, labour & age
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
EliteYear Built
above averageLot Size
above averageRank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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 Vanderbilt Drive — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 172 m), 3 parks (nearest 65 m).
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 35% | Top 5% | Top 4% |
124 Vanderbilt Drive · Sold transaction data notes
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Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 124 Vanderbilt Drive, Winnipeg
124 Vanderbilt Drive – Property Summary
Key Characteristics & Buyer Profile
This home sits on a notably large lot (9,392 sqft) in Whyte Ridge, placing it in the top 8% city-wide for land area. Built in 1997, it's newer than a significant share of Winnipeg housing stock. The living area is 1,660 sqft—modest for its street, where many homes are larger, but above the citywide median.
The property’s standout feature is its assessed value. At $866k, it ranks in the top 2% both in the neighbourhood and across Winnipeg, well above the local average of $529.6k. This indicates a home that is not just large on land, but also carries a high valuation relative to its physical footprint—likely due to finishes, location, or other quality factors not captured by square footage alone.
Appeal: This home offers a balance of newer construction, a generous lot, and strong value retention. It's not the biggest house on the block, but it competes on land and assessed worth.
Suitable for: Buyers who prioritize lot size and long-term value over raw interior square footage. It may appeal to families wanting outdoor space in an established neighbourhood, or investors looking at a home with above-average equity positioning.
Five Possible FAQs
1. Why is the assessed value so high compared to the living area?
Assessment reflects market value, which considers location, lot size, condition, and recent sales. In Whyte Ridge, land is a significant factor. This property's valuation suggests that the location, lot, and possibly interior quality push its worth well above the local median, even if the floor plan isn't the largest.
2. How does the lot size compare to other homes in Whyte Ridge?
It's well above average. The neighbourhood average land area is around 6,175 sqft, and this lot is over 9,300 sqft. That places it in the top 8% locally and city-wide, offering more yard space than most homes in the area.
3. Is the home considered small for its street?
Yes, in terms of living area. On Vanderbilt Drive, the average home is about 2,055 sqft, and this property is roughly 400 sqft smaller. However, that doesn't necessarily mean cramped—it depends on layout. The trade-off is a larger lot than most neighbours.
4. How does the year built affect insurance or maintenance?
Built in 1997, the home is about 28 years old. That typically means major systems (roof, furnace, windows) may be approaching or within their expected lifespan. Newer than much of Winnipeg's older housing stock, but not new enough to assume no updates are needed. A home inspection is advisable.
5. What does "Top 2%" for assessed value actually mean in practical terms?
It means the property is in the highest 2% of all homes in Winnipeg by assessed value. That often translates to higher property taxes, but also reflects strong market demand and potential for equity growth. It's worth noting that this rank also suggests the home may appeal to a smaller, more specific buyer pool.
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