55 Beacon Hill Place – Property Summary

Key Characteristics & Ideal Buyer Profile

This is a 2,368 sqft home built in 1996 on a 7,443 sqft lot in Whyte Ridge, Winnipeg. Its standout feature is size: the living area ranks in the top 4% citywide and top 4% within the neighbourhood, well above the street average of 2,009 sqft and the neighbourhood average of 1,666 sqft. The assessed value of $614,000 is also strong—top 7% citywide and top 8% in the area—while the land area is above average locally but closer to typical for the street. The year built is slightly older than others on Beacon Hill Place (which average 1997), but newer than most homes citywide.

The appeal here is straightforward: you get a noticeably larger-than-average home in a neighbourhood where space isn't scarce to begin with. The value-to-size ratio is favorable—the property is big, but its assessed value isn't disproportionately high relative to its size, suggesting it may not carry a premium for land speculation or recent renovations. That could matter for buyers who want square footage without paying for a fully updated interior.

This property would suit buyers who prioritize interior space and want a home that stands out for its size within a well-regarded, established Winnipeg suburb. It's less suited for someone looking for the newest build on the block or a large corner lot. Families who need room to spread out, or buyers who see potential in a home that's solid but not brand-new, would find it worth a look.

Five Possible FAQs

1. How does this home compare to others on Beacon Hill Place specifically?
It's the second-largest home on the street by living area (top 12%), and its assessed value ranks fifth out of 17 homes—slightly above the street average of $580,400. It's also one of the older homes on the block, built a year before the street average of 1997.

2. Is the assessed value of $614,000 a reliable indicator of market price?
Assessed value is a useful reference, but it's not the same as market value. It reflects a standardized valuation, often trailing current market conditions. In a neighbourhood like Whyte Ridge, where demand is steady, the sale price could be close to or moderately above assessment, depending on interior condition, upgrades, and competition.

3. Why is the lot size considered "around average" on the street but "above average" citywide?
Beacon Hill Place happens to have larger-than-typical lots for the area—the street average is 7,036 sqft, versus the neighbourhood average of 6,175 sqft and the citywide average of 6,570 sqft. So the 7,443 sqft lot here fits right in with its immediate neighbours, even though it's bigger than most lots in Winnipeg.

4. The home was built in 1996—what does that mean practically?
A home from the mid-90s is now about 28 years old. That's old enough that major systems (roof, furnace, windows, water heater) may have been replaced or may be due soon, depending on the owner's maintenance history. It's also new enough that the construction will feel more modern than a 1960s or 1970s home, with better insulation and layout norms. Buyers should ask about recent updates.

5. What's the neighbourhood vibe in Whyte Ridge?
Whyte Ridge is a well-established suburban area with a mix of family homes, parks, and good school access. It's not a dense, walkable urban neighborhood—cars are the main transport—but it offers solid amenities within a short drive. Homes here tend to hold value well, and the area has a low turnover rate, which often signals satisfied residents.