14 Phimister Close – Property Summary

Key Characteristics & Buyer Profile

This is a 2006-built home with 2,306 square feet of living space on a 6,036-square-foot lot in Whyte Ridge, Winnipeg. Its standout feature is size: the living area ranks in the top 5% citywide and top 6% within the neighbourhood, well above typical homes built in the area (which average around 1,342 sqft citywide and 1,666 sqft in Whyte Ridge). The assessed value of $590,000 sits roughly average for the immediate street but climbs to the top 12% in the neighbourhood and top 9% citywide, reflecting the premium for a newer, larger home in a well-established suburb.

The lot is smaller than most on the street—ranking 11th out of 13—but still near average for the neighbourhood and city. The home itself is among the newest on the block (tied for 1st on Phimister Close) and is part of Whyte Ridge’s newer housing stock, where the average build year is 1994.

This property would suit buyers who prioritize interior space and a modern build over a large yard. It’s a strong fit for families or owners who want a turnkey, relatively young home with generous square footage, and who are comfortable with a typical suburban lot size. It’s less ideal for someone seeking a big garden or acreage-style property, or for bargain hunters hoping to find an under-valued lot in an older pocket.

Frequently Asked Questions

1. How does this home compare to others on Phimister Close?
It’s the newest house on the street (tied with one other) and among the largest, but it sits on a smaller lot than most neighbours. Assessed value is roughly average for the street, which means you’re getting newer construction and more interior space without paying a huge premium relative to the immediate block.

2. Is the assessed value a good indicator of market price?
Assessed value is a useful benchmark, but it’s not the same as market value. This home’s $590k assessment is near the street average of $614.6k and well above the citywide average for comparable homes ($390k). In a strong market, newer, oversized homes often sell above assessment—particularly in a neighbourhood where the average home is older and smaller.

3. Why is the lot size considered “below average” on the street?
Most homes on Phimister Close sit on lots averaging about 7,100 sqft. This property’s lot is 6,036 sqft, which is about 15% smaller. That said, it’s still a typical size for Whyte Ridge overall, and many newer subdivisions in Winnipeg have lots in this range. The trade-off is a larger house footprint on a more manageable piece of land.

4. What does “Top 5% citywide for living area” actually mean?
Out of nearly 195,000 comparable homes across Winnipeg, this property ranks in the 95th percentile for interior square footage. In plain terms, very few homes in the city have this much living space, especially built as recently as 2006. It’s a genuinely large home by local standards, not just within its own street or neighbourhood.

5. Who typically buys in this part of Whyte Ridge?
Whyte Ridge tends to attract families and professionals looking for good schools, parks, and relatively new housing stock without moving to the far edges of the city. Homes on Phimister Close are mostly from the mid-2000s, so buyers here usually want modern layouts, higher ceilings, and open floor plans—not character or vintage details. The smaller lots also appeal to people who don’t want heavy yard maintenance.