31 Invermere Street

Whyte Ridge, Winnipeg

Property score

76.0

Good

Overall 76.0 · Smaller but newer than most nearby homes

1,264 sqft (bottom 19%) · Built in 1997 (3 yrs newer than avg)

Located in a high-income area with median household income of ~137k

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Below average

24% smaller than neighborhood avg.

Year Built

Above average

3 yrs newer than neighborhood avg.

Mother tongue

English · 63%Chinese · 10%

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

76.0 is composed by the two sections below.

Property Score

65.5Good
Living Area1,264 sqft66Good
Year Built199784Excellent
Lot Size4,470 sqft53Fair
Neighbourhood Sales Activity23Low

Community Score

91.8Excellent
Household Income92Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46111215

Community deep dive

$137K

Median household income

$155K

Average household income

7%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

9%

Single-person households

52%

Families with children

Population, labour & age

Population (2021)832
Labour force participation rate73%
Median age41.6
Avg household size3.1
Unemployment rate6%
Population density3617 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households9%
Couple families with children52%
Median household income (2020)$137K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$488K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority37%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 63%
Mother tongue (2nd)Chinese · 10%

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

Rankings

Living Area

around average
1,264 sqft
0255075100
Same streetBottom 23%Same areaBottom 19%CitywideTop 44%
Same street · Invermere Street
#48 / 62
Bottom 23% · Avg 1,521 sqft
Same area · Whyte Ridge
#1,919 / 2,382
Bottom 19% · Avg 1,666 sqft
Citywide · Winnipeg
#86,082 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
477k
0255075100
Same streetBottom 27%Same areaBottom 20%CitywideTop 24%
Same street · Invermere Street
#45 / 62
Bottom 27% · Avg 494.2k
Same area · Whyte Ridge
#1,902 / 2,382
Bottom 20% · Avg 529.6k
Citywide · Winnipeg
#45,953 / 194,458
Top 24% · Avg 390.1k

Year Built

Elite
1997
0255075100
Same streetTop 3%Same areaTop 30%CitywideTop 19%

Lot Size

around average
4,470 sqft
0255075100
Same streetTop 48%Same areaBottom 14%CitywideBottom 33%

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

31 Invermere Street — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 441 m), 1 parks (nearest 405 m).

Search radius
🏫Education1
🌳Parks1
Worship1

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 7/2022CA$450k–500k
Sold price

Same street

Top 36%

Same area

Top 46%

City-wide

Top 17%
Sold 9/2019CA$400k–450k
Sold price

Same street

Bottom 18%

Same area

Bottom 22%

City-wide

Top 30%

Related homes

Highlights & common questions: 31 Invermere Street, Winnipeg

31 Invermere Street – Property Summary

Key Characteristics and Buyer Suitability

This is a 1997-built home with 1,264 square feet of living space on a 4,470-square-foot lot. Compared to other properties in the Whyte Ridge neighbourhood, the home is on the smaller side—both in living area and lot size. Living space sits at the 81st percentile locally, meaning about four out of five homes in the area are larger. The lot is even more compressed against the neighbourhood average, ranking in the bottom 86th percentile.

Where this property stands out is its age. It's among the newest homes on its street (2nd out of 62), and newer than most homes citywide, where the average build year is 1966. The assessed value tells a mixed story: below the street and neighbourhood averages, but above the citywide median. That makes sense given the home is newer but in a neighbourhood with larger, older homes that carry higher assessments.

The appeal here is less about space and more about condition and location. Buyers who want a home from the late 1990s—modern enough to avoid major system overhauls but not brand-new construction pricing—may find it practical. It would suit downsizers, first-time buyers, or anyone prioritizing a more manageable footprint and a newer build over square footage. Because the lot is modest and the home is compact by local standards, it may also appeal to those who want less upkeep without moving to a townhouse or condo.


Frequently Asked Questions

1. How does this property compare to others on Invermere Street?
It's newer than most (2nd of 62), but smaller in living area (48th) and below average in assessed value (45th). Lot size is close to the street average.

2. Is the home considered small for Whyte Ridge?
Yes. Living area and lot size both fall significantly below the neighbourhood average. Whyte Ridge homes tend to be larger, with an average living area of 1,666 sq ft and lots around 6,175 sq ft.

3. Why is the assessed value lower than the street and neighbourhood averages if the home is newer?
Newer doesn't always mean higher assessed value. The home is smaller than most comparable properties on the street and in the area, and lot size plays a role in valuation. Citywide, it's above average, but locally it sits below.

4. What kind of maintenance or updates might a 1997 home need?
That depends on previous upkeep, but typical items at this age include roof replacement, furnace and water heater servicing or replacement, and window or siding updates. Kitchens and bathrooms from the late '90s may also feel dated to some buyers.

5. Who typically buys a home like this in Whyte Ridge?
People who want to live in the neighbourhood but don't need a large house or yard. It's a practical fit for empty nesters, small families, or buyers who prefer a newer home with less renovation risk and lower maintenance than older, larger properties in the area.

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.