Property Summary: 247 Vineland Crescent, Winnipeg

1. Key Characteristics, Appeal & Target Buyer

This is a 2,021 sq ft home built in 1999 on a 4,399 sq ft lot in the Whyte Ridge neighbourhood. Its standout feature is living space. The home ranks in the top 9% on its street, top 17% in the community, and top 10% city-wide for interior square footage. For buyers who prioritize room to spread out, this property offers notably more floor area than the typical home in Winnipeg.

Its assessed value—$551,000—falls in the top 25% locally and top 13% city-wide, suggesting the home is positioned above the median in terms of market tier. The build year is also newer than average, which often appeals to those looking for more modern construction without paying a premium for a brand-new build.

What some might overlook: the lot is smaller than average for the area, ranking in the bottom 12% on the street and bottom 15% in Whyte Ridge. This trade-off—more house on less land—could suit someone who wants a lower-maintenance yard and a larger interior, but may deter buyers looking for a deep garden or extra outdoor space for expansion.

This property would likely suit a family or couple seeking a well-built, spacious home in a established suburban neighbourhood where yard size matters less than interior livability. It also appeals to those who value data—pricing and rankings are transparent, and the home sits in a strong comparative position for size and condition.

2. Five Possible FAQs

1. Why is the lot smaller than average, and does that affect the home’s value?
The lot is 4,399 sq ft, noticeably smaller than the Whyte Ridge average of 6,175 sq ft. This is a deliberate trade-off in many 1990s-era subdivisions where homes were clustered more tightly. It doesn’t necessarily lower value, but it does change who the home appeals to. Buyers who prioritize indoor space over a large yard may find this a practical fit.

2. How does the property compare to others on the same street?
On Vineland Crescent, this home ranks 10th out of 111 for living area (top 9%), 28th for assessed value (top 25%), and 14th for age (top 13%). For lot size, it ranks 99th—meaning it’s among the smaller lots on the street. It’s a strong performer on the metrics that matter most to many buyers: interior size, quality, and value.

3. Is the assessed value the same as the asking price?
The assessed value is $551,000. Whether this matches the asking price depends on current market conditions and the seller’s strategy. In Winnipeg, assessed values can lag behind market shifts, so it’s worth comparing the list price and recent neighbourhood sales to see if the home is priced below, at, or above assessment.

4. What’s the neighbourhood like in terms of amenities and commute?
The data doesn’t directly speak to this, but Whyte Ridge is a well-established Winnipeg suburb with good access to schools, parks, and the Perimeter Highway. The smaller lot size may reflect the denser layout typical of this area, which often means less distance to walk to local amenities.

5. Are there any red flags in the data?
The only potential concern for some buyers is the small lot. If you’re looking for a large backyard, a garden, or room to build an addition, this property may not deliver. The rest of the data—size, age, value—suggests a home that is solidly above average in its category. As always, an in-person inspection is the best way to confirm condition.