Property score
83.1
Excellent
Overall 83.1 · Newer than most nearby homes
1,698 sqft (top 43%) · Built in 2004 (10 yrs newer than avg)
Located in a high-income area with median household income of ~120k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 park, and 5 sports facilitys nearby
Living Area
Near average
2% larger 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)
752
536.3k
$352/sqft
1994
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83.1 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111058
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
48 Setterington Bay — 6 amenities found within 500 m, across 2 categories, including 1 parks (nearest 357 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 33% | Top 13% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Here is a clean, standalone summary of the property at 48 Setterington Bay.
Key Characteristics
This is a 1,698 sqft home built in 2004 on a 5,776 sqft lot in Whyte Ridge. The standout feature is the home’s construction year: it ranks in the top 8% on its street and the top 5% in the entire neighbourhood, meaning it is one of the newer builds in the area. The living space is slightly above the citywide average, though it falls a bit short of the average for similar homes on the same street. The lot size is generous for its immediate street (top 22%) but typical for the broader neighbourhood and city.
Where the Appeal Lies
The value here is in the balance. You get a newer home in an established, mature neighbourhood without paying a premium for the street’s top assessed price—the home’s assessment of $525k is below the street average of $560.8k. It sits close to the neighbourhood average for value, but ranks in the top 16% citywide, suggesting you are getting a newer asset for a relatively fair price in the local context. The home is not the largest or most expensive on its block, but it is one of the most recent to be built.
Ideal Buyer
This property suits a buyer who prioritizes a newer build and a solid lot over maximum square footage. It is a strong fit for someone looking for a home that requires less immediate updating than older stock in the same price range, or for a family who wants a large, private-feeling yard in a well-ranked suburban area without overpaying relative to the street’s average.
1. How does this home compare to others on Setterington Bay?
It is one of the newest homes on the street, built in 2004, while the street’s average is also 2004 (meaning most homes are similarly aged). The living area (1,698 sqft) is below the street average of 1,874 sqft, and its assessed value of $525k is below the street average of $560.8k. However, the lot at 5,776 sqft is above the street average of 5,436 sqft.
2. Is the assessed value a good deal?
Locally, it is slightly below the neighbourhood average of $529.6k. Citywide, the home is assessed in the top 16% of all comparable properties. Given that the building is newer than most in Whyte Ridge, the below-average street value suggests you are not paying a premium for its age relative to its immediate neighbours.
3. How big is the living space compared to the lot?
The living area (1,698 sqft) is efficient relative to the lot size. The lot (5,776 sqft) is larger than the street average and sits in the top 22% of its street. This gives a good indoor-to-outdoor ratio, which is less common in newer infill builds that often maximize the footprint.
4. What is the neighbourhood of Whyte Ridge like for resale value?
Whyte Ridge ranks in the top 41% of neighbourhoods citywide for assessed value, which is around average. However, the home itself ranks in the top 5% of homes in Whyte Ridge for newness. This combination—a home that is newer than most in a stable, mid-ranked neighbourhood—often supports more predictable long-term value retention than a fixer-upper in a higher-ranked area.
5. Is the yard large enough for additions or a garden?
Yes. The lot is well above the street average and only slightly below the neighbourhood average. At just under 5,800 sqft, there is room for a substantial garden, a playset, or a future garage or shed without crowding the house. It is a more generous outdoor space than what is typical for newer homes citywide.
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