508 Scurfield Boulevard – Property Summary

Key Characteristics & Buyer Suitability

This home stands out primarily for its size. At 2,593 square feet of living space, it ranks in the top 1% on its street and in the Whyte Ridge neighbourhood, and in the top 2% city-wide. That’s nearly 1,000 square feet above the Winnipeg average for similar homes. The assessed value of $610,000 reflects that square footage advantage—it’s in the top 5% on the street and top 7% city-wide, though the neighbourhood average is only slightly lower. The home was built in 1993, which is typical for the street and neighbourhood, but notably newer than the city-wide average of 1966. The land area of 5,445 square feet is right around average for all three scopes, so the appeal here is interior volume rather than a large lot.

The appeal is straightforward: you get a significantly larger-than-normal house in a solid, established neighbourhood without paying a premium for an oversized lot. It would suit a buyer who prioritizes interior space—say, a growing family, someone who works from home and needs dedicated rooms, or a buyer who simply wants more square footage than what’s typical in the area. Because the land is average, it’s less suited to someone looking for a big yard or development potential. The home is also newer than much of the city’s housing stock, which may appeal to buyers who want to avoid the maintenance or layout quirks of older Winnipeg homes.

Five Frequently Asked Questions

1. How does the property compare to others in Whyte Ridge?
On living area, it’s elite: top 1% in the neighbourhood. On assessed value, it’s above average but not as dominant—top 8%. That gap suggests other homes in the area have similar or higher per-square-foot values, possibly due to finishes, updates, or lot characteristics. So while the house is large, it’s not necessarily the most premium property in the neighbourhood.

2. Is the assessed value likely to change significantly?
Not dramatically, barring major market shifts. The home’s age and land area are both average for the area, and its assessed value already reflects its size advantage. Major increases would depend on broader market appreciation or substantial renovations.

3. What does “average” land area mean in practice?
It means the lot is typical for Whyte Ridge—neither cramped nor sprawling. If you’re expecting a large yard for gardening, a workshop, or future expansion, this isn’t that. But it also means less maintenance and potentially lower utility costs. The value is in the house, not the land.

4. How does the year built affect things like insurance or renovations?
At 1993, the home falls after the period when many Winnipeg homes contained knob-and-tube wiring or asbestos, so insurance companies generally treat it as a lower-risk build. Renovations are more straightforward than in older homes, but systems like the furnace, roof, and windows may be approaching 30 years if not already updated—worth checking.

5. Why does the ranking system use three scopes (street, neighbourhood, city)?
It gives a balanced picture. Street-level rankings show direct comparability—homes on the same block tend to have similar layouts and lot sizes. Neighbourhood rankings (Whyte Ridge) capture broader local context. City-wide rankings show how this property stacks up against everything else in Winnipeg, which is useful for anyone moving from another part of the city or comparing across areas. Each scope tells a different story, and none alone is definitive.