14 Torrington Road: Property Summary

Key Characteristics & Buyer Profile

This 1986 home offers 1,727 sq ft of living space on a 6,034 sq ft lot, with an assessed value of $496,000. The property stands out most clearly on its own street—it ranks in the top 29% for living area and top 18% for lot size among nearby homes. City-wide, both its size and value place it in the top 20% of comparable properties, which suggests solid long-term appeal in the Winnipeg market.

Where the property gets interesting is in its neighborhood context. In Whyte Ridge, this home is actually older than most (ranking in the bottom 6% by year built) and sits slightly below the neighborhood’s average assessed value. This creates a subtle but real value proposition: you get a well-sized home on a generous lot in a desired area, but at a price point that reflects its age rather than the newer builds around it. For buyers comfortable with a 1980s home (which often means solid construction and mature landscaping), this can mean more space and land for the money compared to newer contemporaries in the same neighborhood.

This property would suit a few types of buyers well: first-time or move-up buyers who prioritize square footage and lot size over brand-new finishes; families who want a stable, established neighborhood with above-average city-wide metrics; and value-conscious buyers who understand that an older home in a strong location often offers better long-term value than a newer home in a less central spot. It is less ideal for someone seeking a turnkey, ultra-modern interior or a home that matches the median age of its immediate neighbors.

Five Possible FAQs

1. How does this home’s age affect its value compared to newer homes in Whyte Ridge?
The home was built in 1986, which is older than the Whyte Ridge average (1994). However, it ranks very favorably city-wide (top 27%) and on its street (top 12%). In practice, this means the home is likely priced below the neighborhood’s newer inventory, giving buyers extra living area and lot size for the same budget. The trade-off is that some systems (roof, windows, mechanicals) may be original or nearing replacement age—something a pre-purchase inspection should clarify.

2. Is the assessed value a good indicator of market price?
The assessment of $496,000 is above the city-wide average ($390,100) but below the Whyte Ridge neighborhood average ($529,600). Assessments are lagging indicators, not current market prices. In a strong market, this home could sell above assessment. In a cooler market, the gap between assessment and sale price may narrow. Work with your agent to compare recent solds rather than relying solely on assessed values.

3. How does the lot size compare to other homes in the area?
At 6,034 sq ft, the lot is above average for the street (5,750 sq ft) and slightly below the neighborhood average (6,175 sq ft). City-wide, it sits in the top 31%. This is a solid, usable lot—not oversized, but definitely offering more outdoor space than many city lots. It ranks 3rd out of 17 homes on the same street, so you’ll have more yard than most of your direct neighbors.

4. What does “Top 20% city-wide” actually mean for resale?
It means this property performs better than 80% of comparable homes across Winnipeg in terms of living area and assessed value. That typically translates into stronger resale potential, since buyers consistently look for above-average square footage and value. However, resale also depends on condition, layout, and updates—so the ranking is a helpful baseline, not a guarantee.

5. Why is the neighborhood rank for year built so low if the home is only from 1986?
Because Whyte Ridge is a relatively new area. Over 90% of comparable homes in the neighborhood were built after 1986. That puts this property at the older end locally, even though it’s newer than the city-wide average (1966). If you prefer mature trees, established gardens, and a more settled street, that’s an advantage. If you want modern floor plans and finishes, it’s a consideration.