3 Setterington Bay

Whyte Ridge, Winnipeg

Property score

79.0

Good

Overall 79.0 · Newer than most nearby homes

1,491 sqft (bottom 36%) · Built in 2004 (10 yrs newer than avg)

Located in a high-income area with median household income of ~120k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 park, and 5 sports facilitys nearby

Living Area

Below average

10% smaller than neighborhood avg.

Year Built

Above average

10 yrs newer than neighborhood avg.

Mother tongue

English · 66%Chinese · 7%

Past 10 years Whyte Ridge sales snapshot (~80% of all data)

Sold Count

752

Median price

536.3k

$/sqft

$352/sqft

Avg build year

1994

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

79.0 is composed by the two sections below.

Property Score

72.5Good
Living Area1,491 sqft75Good
Year Built200487Excellent
Lot Size4,612 sqft60Fair
Neighbourhood Sales Activity23Low

Community Score

88.7Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress74Good
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

Whyte Ridge

How to read: Share of sales in each ~$50k price band for “whyte ridge” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111058

Community deep dive

$120K

Median household income

$138K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.2

P90 / P10 ratio

14%

Single-person households

44%

Families with children

Population, labour & age

Population (2021)1,289
Labour force participation rate70%
Median age39.2
Avg household size2.9
Unemployment rate7%
Population density2929 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households14%
Couple families with children44%
Median household income (2020)$120K

Housing

Renter households22%
Condominium dwellings0%
Median dwelling value (owners)$472K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority34%
Bachelor's or higher (25–64)51%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Chinese · 7%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,491 sqft
0255075100
Same streetBottom 11%Same areaBottom 36%CitywideTop 31%
Same street · Setterington Bay
#32 / 36
Bottom 11% · Avg 1,874 sqft
Same area · Whyte Ridge
#1,517 / 2,382
Bottom 36% · Avg 1,666 sqft
Citywide · Winnipeg
#60,458 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

above average
519k
0255075100
Same streetBottom 11%Same areaTop 46%CitywideTop 17%
Same street · Setterington Bay
#32 / 36
Bottom 11% · Avg 560.8k
Same area · Whyte Ridge
#1,087 / 2,382
Top 46% · Avg 529.6k
Citywide · Winnipeg
#32,778 / 194,458
Top 17% · Avg 390.1k

Year Built

Elite
2004
0255075100
Same streetTop 8%Same areaTop 5%CitywideTop 15%

Lot Size

around average
4,612 sqft
0255075100
Same streetBottom 31%Same areaBottom 17%CitywideBottom 36%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

3 Setterington Bay — 6 amenities found within 500 m, across 2 categories, including 1 parks (nearest 401 m).

Search radius
🌳Parks1
💪Sports5

Crime & Safety

Whyte Ridge · WPS public data · 2026

Annual incidents

4

2026

vs. city avg

-86%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Violent

75%

Sales History

Sold 1/2023CA$500k–550k
Sold price

Same street

Bottom 39%

Same area

Top 32%

City-wide

Top 13%

Related homes

Highlights & common questions: 3 Setterington Bay, Winnipeg

Key Characteristics & Buyer Profile

This 1,491 sqft home sits on a modest 4,612 sqft lot in Whyte Ridge, built in 2004. The living space is on the smaller side compared to others on its street (ranking 32nd out of 36), but it's much closer to the average for the broader Whyte Ridge community and sits well above the citywide average. The assessed value of $519,000 reflects that: slightly below the street average, roughly in line with the community, but significantly above the city median. The lot is also on the smaller side, especially relative to the community and city norms.

Where this property stands out is its age. Built in 2004, it's one of the newer homes on the street (3rd out of 36) and well above the community average build year of 1994. For buyers in Whyte Ridge, that's a meaningful advantage—less deferred maintenance, better insulation standards, and a more modern floor plan than many neighbouring homes. The trade-off is a smaller lot and less square footage for the price than some nearby properties.

This home would suit buyers who prioritize a newer, move-in-ready build over maximum space. It's a good fit for someone who wants a well-maintained home in a solid family neighbourhood without taking on the renovation projects that older homes in the area often require. It's less ideal for buyers looking for a sprawling lot or the largest house on the block.


Frequently Asked Questions

1. How does the property's living space compare to other homes in the area?
The home is smaller than average for its immediate street (1,491 sqft vs. 1,874 sqft street average), but it's close to the community average for Whyte Ridge (1,666 sqft) and is above the citywide average (1,342 sqft). It's not a large home by local standards, but it's not unusually small either.

2. Is the assessed value in line with what I'd expect for the neighbourhood?
The assessed value of $519,000 is slightly below the street average of $561,000, but roughly in the middle for Whyte Ridge (ranked 1,087 out of 2,382). It's notably above the citywide average of $390,000. The assessment suggests the home isn't overpriced for its street, but the newer construction and condition may command a premium relative to older homes in the community.

3. Why is the lot size listed as smaller than average?
At 4,612 sqft, the lot is smaller than the street average (5,436 sqft) and well below the Whyte Ridge average of 6,175 sqft. Many homes in the area were built on larger plots in the 1990s. This home's 2004 build means it likely came from a later infill development phase with tighter lot layouts. It's something to consider if outdoor space is a top priority.

4. What does the "newer" build year actually mean for maintenance?
The home was built in 2004, which puts it ahead of 85% of homes citywide. Key systems like the roof, furnace, windows, and foundation are likely still within their expected lifespan, meaning fewer urgent repairs than a home from the '70s or '80s. That said, a 20-year-old home is old enough that some items (water heater, appliances) may be approaching replacement age—always get an inspection.

5. How does this home compare to others currently on the market in Whyte Ridge?
That depends on your priorities. This home is newer than most in the area, but with a smaller lot and living area. For the same price range, you could likely find an older home in Whyte Ridge with more square footage and a bigger yard. The trade-off is that you'd be buying a property needing more updates. If you value a turnkey, modern floor plan, this home is a strong option.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.