24 Roseglen Crescent, Winnipeg

Key Characteristics & Buyer Profile

This is a 1,261 sqft home built in 1998 on a 4,395 sqft lot in Whyte Ridge. Its assessed value is $462,000. The property sits slightly below the street average for living area and land size, and its year built is a bit older than the street’s average of 2000. However, it outperforms the citywide median in both assessed value and construction era, ranking in the top 26% and top 18% respectively. The lot is notably smaller than the neighbourhood average by about 1,800 sqft, which is the property’s most pronounced trade-off: you get a newer home in a solid central location, but with a compact yard.

The appeal is straightforward: a well-positioned house that offers better-than-average value citywide without being the newest or largest on its street. It suits buyers who prioritize a reasonable price point and a home that’s not dated, but who are flexible on outdoor space. It would be a strong fit for first-time buyers, downsizers who want less yard maintenance, or anyone looking to enter Whyte Ridge at a lower entry cost than the neighbourhood typically demands. The citywide ranking suggests this property is priced competitively relative to the broader Winnipeg market, even if it sits below the neighbourhood median.

Five Possible FAQs

1. How does the small lot affect livability or resale value?
The land area ranks in the bottom 10% on the street and the bottom 10% for the neighbourhood. That means less privacy from neighbours and a smaller backyard—fine for low-maintenance living, but less suited for families wanting gardens, playsets, or entertaining space. Resale value will likely be capped by the lot size, but the home itself is well-positioned for buyers who value indoor square footage over outdoor space.

2. Why is the assessed value above the city median but below the neighbourhood median?
Whyte Ridge is an established area with larger homes and lots, pushing the neighbourhood average to $529,600. This property’s $462,000 assessment reflects its smaller size and lot relative to nearby houses. Citywide, however, $462k is comfortably above the $390,100 median, indicating that you’re getting a home that is comparatively affordable for the region while still being in a pricier pocket of the city.

3. Is 1998 considered an older home in Winnipeg?
Not really. Citywide, the median year built is 1966, so this home is nearly three decades newer than the average Winnipeg property. Within Whyte Ridge, the neighbourhood average is 1994, so it’s slightly older than its immediate peers but still modern by city standards. You can expect typical late-90s construction materials and layouts, but nothing that would raise immediate maintenance red flags for a savvy buyer.

4. How does this house compare to others on Roseglen Crescent specifically?
On its own street, this home is around average for living area (1,261 sqft vs. 1,310 avg) and assessed value ($462k vs. $471.3k avg), but it’s one of the older houses on the block (1998 vs. 2000 avg) and has one of the smallest lots (4,395 sqft vs. 5,052 avg). If the rest of the street is newer with bigger yards, this could be an opportunity to buy into the street at a discount.

5. What’s the biggest hidden advantage of this property?
The citywide ranking for assessed value. At the 26th percentile citywide, this home is priced well above the median for Winnipeg, but within Whyte Ridge it’s a relative bargain. That suggests the neighbourhood is pulling the price up, not the house itself. If the area continues to appreciate, this property could see stronger value growth over time than a similarly priced home in a lower-ranked neighbourhood—assuming the small lot doesn’t become a drag.