19 Tolcross Gate – Property Summary

Key Characteristics & Buyer Profile

This is a 1,156 sqft home built in 1990 on a 4,033 sqft lot in Winnipeg's Whyte Ridge neighbourhood. Its assessed value is $484,000.

Where it stands out: The property is priced above average for its street (top 15%) and citywide (top 22%), which means it holds relatively strong value compared to similar homes across Winnipeg. The year built is also newer than the citywide median (1990 vs. 1966), so it avoids some of the maintenance concerns that come with older housing stock.

Where it doesn’t: The living area is below average on its own street and in the neighbourhood. The lot size is notably small—ranking near the very bottom on both the street and in Whyte Ridge. Buyers should expect a compact footprint both inside and out.

Who it suits: This home would work well for buyers who prioritize a newer build and solid assessed value over square footage or yard space. It may appeal to someone downsizing, a first-time buyer looking for a lower-maintenance property, or an investor interested in a home that holds its value relative to the city average. It’s less suited to families needing room to spread out or anyone wanting a sizable outdoor area.

Frequently Asked Questions

1. How does this home compare to others in Whyte Ridge?
It’s below average for living area and lot size in the neighbourhood, but above average in assessed value relative to the street. The year built is average for Whyte Ridge (around 1990–1994). So you’re paying a premium for a home that’s smaller than most nearby, likely due to condition, location, or interior finishes.

2. Is the small lot a dealbreaker?
Depends on your needs. A 4,033 sqft lot is about 37% smaller than the neighbourhood average. If you want gardening space, a big garage, or room for kids to play outside, it may feel tight. If you prefer less yard work and more time indoors, it’s a practical trade-off.

3. Why is the assessed value higher than the street average when the living area is smaller?
Assessed value reflects more than just square footage—it considers condition, layout, updates, location within the street, and recent sales of comparable homes. This property likely has features or upkeep that push its value above the street median despite its smaller size.

4. What does “top 78% on the street” mean for living area?
It means this home is smaller than 78% of comparable homes on Tolcross Gate. Out of 41 similar properties, it ranks 32nd for living area. That’s a clear signal the interior is compact relative to neighbours.

5. How was the year built data determined?
The “year built” is from municipal assessment records, typically based on the original construction date. The ranking puts this home in the top 22% citywide for newer construction, meaning it’s newer than most comparable homes across Winnipeg, which average around 1966.