15 Spindlestone Gate – Property Summary

Key Characteristics & Buyer Profile

This is a 1994-built home in Whyte Ridge, Winnipeg, with 1,834 square feet of living space on a 5,923-square-foot lot. Its assessed value is $535,000.

The property’s main strength is its lot. On its own street, it ranks 2nd out of 12 homes for land area—meaning it has one of the larger yards on the block. The living space and assessed value are both above average citywide, landing in the top 16% and top 15% respectively, but within the neighborhood they sit closer to the middle of the pack. This suggests the home offers more square footage and value than much of Winnipeg, but it's not an outlier in Whyte Ridge itself.

The appeal here is balance: a solidly built home from the mid-90s with a generous lot, without paying a dramatic premium over neighbors. It would suit buyers who want more outdoor space than typical for the street, but don’t need the absolute largest floor plan in the area. Families looking for room to garden, add a deck, or have a sizable yard for kids and pets would find this practical. It’s also a reasonable fit for someone upgrading from a smaller home within the same part of the city, since the value and size are consistent with upper-tier citywide averages but still within a typical neighborhood range.

Frequently Asked Questions

1. How does this home compare to others on Spindlestone Gate specifically?
It has the second-largest lot on the street, and its living area and assessed value are both around average for the block. Year built is also typical for the street. So you’re getting more land than most immediate neighbors, but the house itself is comparable in size and age.

2. Is the assessed value of $535k reasonable for the neighborhood?
Yes—it’s slightly above the Whyte Ridge average of $529.6k and ranks in the top third of the area. Citywide it’s well above average, but that largely reflects the neighborhood’s overall price level rather than this home being overpriced relative to nearby properties.

3. What does “Top 16% citywide for living area” actually mean in practical terms?
It means this home is larger than about 84% of comparable properties across Winnipeg. The citywide average for similar homes is 1,342 square feet, so this is roughly 500 square feet bigger than typical. Within Whyte Ridge, though, it’s only slightly larger than the neighborhood average of 1,666 square feet—so the citywide ranking is more about the area being generally spacious compared to the rest of the city.

4. How does the lot size affect usability?
The 5,923-square-foot lot is above average for the street but slightly below the Whyte Ridge and citywide averages. On this street, you have one of the larger yards, which is unusual for a mid-90s subdivision. That extra land could matter for privacy, outdoor entertaining, or potential future expansion—though any changes would need to check local zoning.

5. What are the potential drawbacks to be aware of?
The home is now 30 years old, so systems like the roof, furnace, and windows may be approaching replacement age depending on previous upkeep. Also, while the lot is generous for the street, it’s not large by broader neighborhood or city standards—so if a truly big yard is a priority, you’d want to compare against other Whyte Ridge listings. Finally, the ranking data shows this home is “around average” in living area and value on its street, meaning some neighbors may have recently renovated or built larger, which could affect resale perception over time.