35 Invermere Street – Property Summary

Key Characteristics & Buyer Profile

This is a 1994-built home in Winnipeg’s Whyte Ridge neighbourhood, with 1,683 square feet of living space and an assessed value of $513,000. The property’s main strength is its living area and value relative to the wider city: it ranks in the top 22% citywide for square footage and top 18% for assessed value, suggesting a well-sized home that holds its worth. On its own street, it performs similarly—above-average living area (top 31%) and above-average assessment (top 26%).

The land area is the notable trade-off. At 4,293 square feet, the lot is smaller than most in Whyte Ridge (bottom 93% in the neighbourhood) and below average on its own street. That means less yard space and potentially less privacy from neighbours, but it also points to a more efficient use of land—less time spent on upkeep, and likely a lower purchase price than comparable homes on larger lots nearby.

The appeal here is for buyers who prioritize interior space and a solid, modern build over a large yard. It’s a good fit for a family or couple who want a comfortable, well-valued home in an established suburban area without paying a premium for extra land they may not use. The 1994 construction puts it in the newer end of Winnipeg’s housing stock (top 20% citywide), which often means better insulation, modern layouts, and fewer major renovations needed compared to older homes.

Five Possible FAQs

1. How does the assessed value compare to similar homes in Whyte Ridge?
It’s right around the neighbourhood average. The home is assessed at $513,000, while the average for comparable homes in Whyte Ridge is $529,600. That puts it in the middle of the pack locally, but above average citywide, which suggests good value relative to the wider market.

2. The land area seems smaller than the neighbourhood average—what does that mean practically?
You’ll have a smaller yard and potentially closer neighbours than many other homes in Whyte Ridge. The trade-off is less maintenance and a lower overall cost compared to similar houses on larger lots. If gardening or outdoor entertaining aren’t a priority, this isn’t a drawback.

3. Is 1994 considered an older home?
Not in Winnipeg. The home is newer than 80% of properties citywide, where the average build year is 1966. On its own street, it’s slightly newer than average (1993). That puts it in a sweet spot—old enough to have mature landscaping and established character, but young enough that major systems like plumbing, wiring, and foundations are likely in better shape than much older stock.

4. How does the living space compare to other homes on Invermere Street?
It’s above average. The street average is 1,521 square feet, so this home offers roughly 10% more interior space. That extra square footage likely translates to larger rooms or an additional den or family room compared to nearby homes.

5. Why is the assessed value above average citywide but just average in the neighbourhood?
Because Whyte Ridge is itself a more valuable area than much of Winnipeg. The home’s $513,000 assessment beats 82% of homes citywide, but within Whyte Ridge, many homes are similarly priced or slightly higher. This suggests the property is solidly middle-market for its immediate area while being a strong value compared to the city as a whole.