18 Knightswood Court – Property Overview

Key Characteristics & Buyer Profile

This is a 1,240-square-foot home built in 2000, sitting on a 5,957-square-foot lot in Winnipeg’s Whyte Ridge neighbourhood. Its main appeal is value relative to the broader city market. The assessed value of $484,000 is notably below the street and neighbourhood averages, but above the citywide average—meaning you’re getting a newer home (top 18% citywide for year built) at a price that compares favourably against older housing stock across Winnipeg.

The trade-off is size. The living area is smaller than most homes on the same street and in Whyte Ridge, ranking in the bottom 14% of the neighbourhood. The land area sits close to the local average, so the property isn’t unusually cramped, but it’s not expansive either. This is less of a “move-up” family home and more of a smart buy for someone who prioritizes a newer build and reasonable taxes over square footage—first-time buyers, downsizers, or investors looking for a solid asset in a stable, established suburb. The home is not the standout on its street, but it holds its own citywide, which is where the real value lies.

Five Possible FAQs

1. How does this property compare to others currently for sale in Whyte Ridge?
It’s newer than many listings in the area—most homes in Whyte Ridge were built in the mid-1990s. But it’s also smaller than the typical offering. If you’re shopping for a three-bedroom bungalow or a compact two-storey, this fits that niche. If you’re looking for a large family home with a bonus room, you’ll likely find bigger options nearby.

2. Is the assessed value a good guide for the market price?
Generally yes, with one caveat. The $484,000 assessment is lower than the street average of $551,700 and the neighbourhood average of $529,600. That suggests the property may be priced to move. But assessments can lag behind market trends, so it’s worth checking recent sale prices on Knightswood Court to see if actual transactions have been above or below assessment.

3. Why is the living area ranked so low on its street but average citywide?
Knightswood Court has larger-than-average homes—1,856 square feet on average—so the 1,240-square-foot unit stands out. Across Winnipeg, the typical comparable home is around 1,342 square feet, so this property is right in line with the city norm. The disparity is really about the street’s profile, not the home itself being unusually small.

4. What’s the lot like? Is it good for a garden or addition?
The lot is 5,957 square feet, which is slightly below the street and area averages (around 6,175 square feet). It’s not a small lot by city standards—it’s still above the citywide average for comparable homes. For a garden, you have enough room. For an addition, you’d need to check setbacks and zoning, but the lot size is workable.

5. How does the age of the home affect its ongoing costs?
Built in 2000, the home is now over 20 years old. You’re past the point where major systems (roof, furnace, windows) are new, but likely before they need replacement—depending on maintenance. This is a sweet spot: newer than Winnipeg’s older stock (average citywide build is 1966), but old enough that any deferred maintenance may start showing up. A home inspection should focus on the roof’s age, the HVAC system, and any evidence of settling, which is common in this era of construction.