75.5
Good
Property score
75.5
Good
Overall 75.5
Smaller than most nearby homes
1,260 sqft (bottom 18%)
Built in 1994
Located in a high-income area
with median household income of ~138k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 1 school, 3 parks, and 4 sports facilitys nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Near average
0 yrs newer than neighborhood avg.
Mother tongue
English · 64%Punjabi · 5%
Past 10 years Whyte Ridge sales snapshot (~80% of all data)
752
536.3k
$352/sqft
1994
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75.5 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: #46111170
$138K
Median household income
$157K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
9%
Single-person households
50%
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
54 Royal Oak Drive — 8 amenities found within 500 m, across 3 categories, including 1 education (nearest 248 m), 3 parks (nearest 280 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 | Bottom 21% | Bottom 7% | Top 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 1,260 sqft home, built in 1994, sits on a 5,377 sqft lot in Whyte Ridge. Its assessed value of $463,000 places it close to the average for homes on Royal Oak Drive, but noticeably below the average for the broader Whyte Ridge neighborhood ($529,600). Citywide, however, the property’s assessed value stands well above the median, and its year built is significantly newer than the city average of 1966.
The home’s main appeal is stability and context. It is not the largest or most valuable home on its street or in its neighborhood—it ranks in the top 40% for living area on Royal Oak Drive, and near the bottom of Whyte Ridge for assessed value. This means it offers an entry point into a desirable, established neighborhood without paying a premium for top-tier finishes or square footage. The lot size is also modest compared to the neighborhood average, which keeps the total cost more accessible.
This property would suit buyers who prioritize location and community over raw space or prestige. It is a good fit for a first-time homebuyer looking to get into Whyte Ridge, or for someone downsizing who still wants a single-family home with a manageable yard. It may also appeal to an investor or homeowner who sees potential for gradual value growth as the area ages, given that the home itself is newer than most citywide stock.
1. How does this home compare to others on Royal Oak Drive?
It is roughly average for the street in living area (1,260 vs. 1,257 sqft average) and assessed value ($463K vs. $460.7K average). It ranks #17 out of 43 homes for living area and #16 for assessed value, placing it right around the middle of the street.
2. Is this property smaller than most homes in Whyte Ridge?
Yes, both the living area and land area are below the neighborhood averages. The living area is about 25% smaller than the neighborhood median (1,666 sqft), and the lot is about 13% smaller than the average (6,175 sqft). This is reflected in the assessed value, which is about 13% below the neighborhood average.
3. How does the 1994 construction date compare to other homes in Winnipeg?
The home is much newer than the typical Winnipeg home. Citywide, it ranks in the top 20% by year built, with the average city home dating to 1966. In Whyte Ridge, it is right around the neighborhood average of 1994.
4. Does a lower assessed value relative to the neighborhood mean the property might be undervalued?
Not necessarily. The lower value is consistent with the smaller living area and lot. However, it does mean the property is priced to reflect its size, not a premium for the neighborhood. For buyers seeking a foothold in Whyte Ridge, this can be seen as a practical value rather than a hidden bargain.
5. How was the assessed value determined?
The assessment is based on comparable home sales and property characteristics as determined by the municipality. It is not a market price, but a benchmark used for taxation. The data shown compares this home to others on the same street, within Whyte Ridge, and across Winnipeg, using a median-based “average” for each group.
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