42 Sandown Point – Property Summary

Key Characteristics & Appeal

This is a home that stands out primarily for its lot size and assessed value rather than its living area or age. The property sits on 10,507 square feet of land, which ranks in the top 5% city-wide and top 4% within the Whyte Ridge neighbourhood. On its own street, only one other property has a larger lot. The assessed value of $576,000 is the highest on the street (top 5%) and sits in the top 10% city-wide.

The home itself is 1,721 square feet—slightly above average for Winnipeg but roughly average for Whyte Ridge and its immediate street. It was built in 1995, which is fairly typical for the neighbourhood and newer than the city-wide average of 1966, but not notably recent compared to nearby homes.

Where the appeal lies: The value here is in the land. Buyers who prioritize outdoor space, privacy, or future expansion potential will see the most benefit. The assessed value suggests strong equity and desirability relative to comparable homes. The home is not oversized or especially new, which keeps the price grounded relative to what you'd pay for a similarly valued property with more square footage.

Who it suits: Families or individuals who want a large, private lot in an established neighbourhood without paying a premium for a newly built or extensively renovated home. Also suitable for someone looking to hold a property with strong land value in a top-ranked city-wide percentile—particularly if they might eventually build or renovate to match the lot's potential.

Frequently Asked Questions

1. How does the living space compare to other homes in Whyte Ridge?
It's about average for the area—1,721 sqft vs. a neighbourhood average of 1,666 sqft. It ranks in the top 42% locally, so it's not unusually large or small for the neighbourhood.

2. Is the assessed value a reliable indicator of market price?
Assessed value is a government estimate, not a market appraisal. That said, ranking #1 on the street and in the top 10% city-wide suggests this property is among the more valuable in its immediate area. Market conditions and specific home conditions will still influence the final sale price.

3. Why does the lot size matter if the home itself isn't unusually large?
In established neighbourhoods like Whyte Ridge, large lots are increasingly rare. A 10,507 sqft lot offers more flexibility for gardens, sheds, play areas, or even a future addition. Land tends to appreciate more steadily than the structure itself, so this can be a long-term advantage.

4. Is the year built a concern?
Not particularly. Built in 1995, the home is younger than roughly 80% of homes city-wide. Within Whyte Ridge, 1995 is close to the neighbourhood average of 1994. It's a solid, modern construction era—not old enough to require major system replacements, but old enough that updates may be needed depending on maintenance history.

5. How does this property compare to others on Sandown Point specifically?
It has the highest assessed value on the street and the second-largest lot (top 10%). The home's living area and year built are both around the street average. So it's the most valuable property on the block primarily due to its land, not because the house itself is exceptional.