51 Monticello Road

Whyte Ridge, Winnipeg

Property score

87.3

Excellent

Overall 87.3 · Larger than most nearby homes

1,959 sqft (top 20%) · Built in 1991 (3 yrs older than avg)

Located in a high-income area with median household income of ~137k

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Above average

18% larger than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 69%Chinese · 6%

Past 10 years Whyte Ridge sales snapshot (~80% of all data)

Sold Count

752

Median price

536.3k

$/sqft

$352/sqft

Avg build year

1994

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Property score

87.3 is composed by the two sections below.

Property Score

83.6Excellent
Living Area1,959 sqft92Excellent
Year Built199181Excellent
Lot Size5,751 sqft74Good
Neighbourhood Sales Activity23Low

Community Score

92.9Excellent
Household Income92Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111057

Community deep dive

$137K

Median household income

$160K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

8%

Single-person households

45%

Families with children

Population, labour & age

Population (2021)541
Labour force participation rate66%
Median age47.2
Avg household size2.9
Unemployment rate5%
Population density3864 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households8%
Couple families with children45%
Median household income (2020)$137K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority29%
Bachelor's or higher (25–64)62%
Mother tongue (1st)English · 68%
Mother tongue (2nd)Chinese · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
1,959 sqft
0255075100
Same streetTop 5%Same areaTop 20%CitywideTop 12%
Same street · Monticello Road
#3 / 56
Top 5% · Avg 1,578 sqft
Same area · Whyte Ridge
#481 / 2,382
Top 20% · Avg 1,666 sqft
Citywide · Winnipeg
#23,125 / 194,458
Top 12% · Avg 1,342 sqft

Tax-Assessed Value

Elite
606k
0255075100
Same streetTop 2%Same areaTop 9%CitywideTop 8%
Same street · Monticello Road
#1 / 56
Top 2% · Avg 506.3k
Same area · Whyte Ridge
#217 / 2,382
Top 9% · Avg 529.6k
Citywide · Winnipeg
#14,602 / 194,458
Top 8% · Avg 390.1k

Year Built

above average
1991
0255075100
Same streetTop 9%Same areaBottom 41%CitywideTop 22%

Lot Size

around average
5,751 sqft
0255075100
Same streetTop 32%Same areaTop 44%CitywideTop 38%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

51 Monticello Road — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 240 m), 2 parks (nearest 414 m).

Search radius
🏫Education1
🌳Parks2

Crime & Safety

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%

Sales History

Sold 7/2017CA$450k–500k
Sold price

Same street

Top 48%

Same area

Bottom 49%

City-wide

Top 18%

Related homes

Highlights & common questions: 51 Monticello Road, Winnipeg

51 Monticello Road – Property Summary

Key Characteristics & Buyer Profile

This is a 1991-built home in Winnipeg’s Whyte Ridge neighbourhood, with 1,959 square feet of living area on a 5,751 sqft lot. The property’s strongest feature is its assessed value: it ranks #1 out of 56 homes on the same street (top 2%) and sits in the top 8% citywide. Living area is also notably generous—top 5% on the street and top 12% across Winnipeg. The year built (1991) is newer than the citywide average of 1966, though it falls around the middle of the neighbourhood.

The appeal here is less about raw land size (which is average for the area) and more about getting a relatively large, well-valued home on a desirable street. The assessed value suggests solid equity and resale potential, especially compared to newer builds that may carry higher price tags but smaller floor plans.

This property would suit a buyer who wants a spacious single-family home in a mature, established neighbourhood without paying a premium for a very large lot. It’s also a strong fit for someone prioritizing long-term value and comparability—these rankings indicate the home consistently outperforms its peers. Less obvious: because the land area is only average, a buyer who values yard space for expansion or gardening might feel constrained. The home’s age (1991) also means it avoids some of the maintenance headaches of older Winnipeg homes, but won’t have the energy efficiency or modern layouts of a 2000s build.


Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
The assessed value of $606,000 is well above both the street average ($506,300) and the Whyte Ridge neighbourhood average ($529,600). Citywide, it’s in the top 8% of comparable homes.

2. Is the living area large for a home of this age?
Yes. At 1,959 sqft, it’s bigger than the average for similar homes on Monticello Road (1,578 sqft) and also above the Whyte Ridge average (1,666 sqft). It ranks in the top 5% on its street.

3. Why is the land area ranked lower than the living area?
The lot is 5,751 sqft, which is close to the street average (5,643 sqft) and only slightly smaller than the neighbourhood average (6,175 sqft). The ranking is “around average” because it doesn’t stand out, whereas the house itself is unusually large for the lot size.

4. How old is the home, and is that a concern?
Built in 1991, it’s newer than the citywide average (1966) but older than the Whyte Ridge average (1994). The home is 33 years old as of 2024, which typically means major systems (roof, HVAC) may need attention soon, though the rankings suggest it’s well-maintained relative to its street.

5. What type of buyer would this home not suit?
Buyers looking for a very large yard, a brand-new build, or a home in a newer development farther from the city core may find it less appealing. The average lot and 1990s layout may not suit someone seeking modern open-concept design or extensive outdoor space.

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