Here is a clean, standalone summary of the property at 15 Vanderbilt Drive.

Property Overview & Profile

This is a 1997-built home with 1,549 sq ft of living space on a 6,427 sq ft lot. Its key strength lies in value relative to the broader city. While it sits on a smaller lot and has less square footage than the average home on Vanderbilt Drive, it is larger and assessed higher than typical homes in the Whyte Ridge neighborhood and across Winnipeg.

The appeal here is grounded in practicality. The assessed value (CAD 565,000) places it well above the citywide average, yet below the average for its specific street. This suggests a property that offers a solid, modern floor plan in a desirable neighborhood without the premium attached to the largest homes on the block. It falls into the 81st percentile for assessed value on its street, meaning there is room for long-term appreciation as the neighborhood matures.

This property would suit buyers who want a newer home in an established area without overpaying for the maximum square footage. It is a good fit for someone who values a competitive tax assessment (suggesting stable value) and a central location in Whyte Ridge, rather than needing the largest yard or interior space on the block. It is less suited for a buyer seeking a “best-in-class” lot size on a top-tier street.

Five Frequently Asked Questions

1. How does this property’s living space compare to its neighbors?
This home is smaller than most on Vanderbilt Drive, ranking 74th out of 77 homes. However, it is slightly above the average for Whyte Ridge as a whole, and well above the city average. The practical takeaway: you get a comfortable floor plan for the neighborhood without the highest price tag.

2. Is the lot size a disadvantage for this home?
The lot is close to average for Whyte Ridge (ranking 660 out of 2,382) and the city, but noticeably smaller than the street average of 7,833 sq ft. This is common for a well-established street with a mix of older and newer builds. It means less yard maintenance, but also less expansion potential.

3. Why is the assessed value so different from the street average?
The street average is driven up by a few larger, higher-value properties. This home’s assessment (CAD 565,000) is strong for the city (top 11%) and above the neighborhood average, but it sits in the bottom 19% of its immediate street. This often reflects a home that is solidly middle-of-the-pack in a street with several premium properties.

4. Is a 1997 build considered old for this area?
Not at all. It is newer than the average home in Whyte Ridge (1994) and significantly newer than the city average (1966). On its own street, it is slightly newer than the median. For buyers looking for a property that avoids major renovation projects common in older Winnipeg homes, this is a strong point.

5. What does this ranking data actually tell a buyer?
It helps you see where the value lies. The home is “above average” for the city in almost every category (size, age, value) but “below average” for its own street. This is a classic indicator of a “value relative to neighbors” property—you get the benefits of the street and neighborhood without paying the premium for the largest or newest house on the block.