42 Breckenridge Close – Property Summary

Key Characteristics & Buyer Profile

This home at 42 Breckenridge Close sits on an 11,968 sqft lot in Whyte Ridge—more than double the typical lot size in the area and ranking in the top 4% citywide. The living area is 2,300 sqft, placing it in the top 5% of comparable homes across Winnipeg. Built in 2003, it’s newer than most homes in the neighbourhood (built 1994 on average) and newer than the citywide average of 1966. The assessed value of $630,000 reflects a premium over both the street and neighbourhood averages, suggesting strong demand for larger lots and newer construction here.

The appeal lies in the rarity of the combination: a large, flat lot of nearly a quarter-acre in a developed suburban area, paired with a well-sized, modern home that doesn’t require immediate renovation. The property ranks highest relative to its peers on lot size and living space, rather than on assessed value per square foot—meaning you’re paying more for what you can’t easily find elsewhere (the land and the floor plan) rather than for cosmetic upgrades or luxury finishes.

This property suits buyers who value outdoor space and separation from neighbours—families wanting a big yard, gardeners, or anyone who prefers a private setting without moving to a rural area. It would also appeal to someone looking for a newer home in an established Winnipeg neighbourhood, where inventory of large lots at this price point is limited. Less obviously, it may suit a buyer who intends to hold the property long-term: land of this size in a top-ranked suburb is increasingly hard to subdivide or assemble, which could support future value independently of the house itself.

Frequently Asked Questions

1. How does the property compare to other homes on Breckenridge Close?
It ranks 2nd out of 19 homes on the street for assessed value ($630k vs. $578k average), and 2nd for land area (11,968 sqft vs. 7,199 sqft average). It also ranks 4th for both living area and year built. In short, it’s one of the largest and most valuable homes on the street.

2. Is the land large enough for a future addition or a secondary suite?
At nearly 12,000 sqft, the lot is well above the neighbourhood average of about 6,175 sqft, and large enough that a garage, shop, or future addition would be feasible for most buyers. However, you’d need to verify current zoning and setback rules with the city, as lot coverage limits and utility locations could affect what’s possible. A local contractor or surveyor can give a realistic answer based on the property’s specific dimensions.

3. Why is the assessed value only “above average” citywide, even though the lot is “elite”?
Assessed value reflects market value of both land and house together. Land in central Winnipeg is generally more expensive per square foot than in outlying suburbs, so this property faces head-to-head comparisons with homes on smaller lots but in closer-in locations. The lot is large for its area, but the overall assessed value still ranks only slightly ahead of the city average—suggesting the home itself may not be as premium as the land it sits on.

4. Is the neighbourhood of Whyte Ridge older than this home suggests?
Yes. The average home in Whyte Ridge was built in 1994, while this one was built in 2003. That makes it newer than most, but still within the same general wave of development. The area is mature, with established trees and schools, but it hasn’t yet seen widespread teardowns or infill, so you’re not buying into a transitional neighbourhood.

5. How does the property hold up in a citywide ranking for year built?
The home ranks in the top 16% citywide for newness (built 2003 vs. citywide average of 1966). That’s solid but not exceptional—many newer subdivisions in Winnipeg’s southwest and north have more recent construction. What stands out is that it’s both newer than the citywide average and on an unusually large lot, which is uncommon in newer developments where lots are typically smaller.