58 Caldwell Crescent – Property Summary

Key Characteristics & Buyer Profile

This two-storey home in Whyte Ridge, built in 1997, offers 1,986 square feet of living space on a 6,587-square-foot lot, with an assessed value of $541,000. Its standout feature is the land: it ranks 4th out of 27 homes on Caldwell Crescent for lot size (top 15%), and remains above average at both the neighbourhood and city-wide levels. The living area is about average for the street but well above the city-wide median, placing it in the top 11% of comparable Winnipeg homes.

The appeal lies in space relative to the broader market rather than within the immediate block. While the assessed value is slightly below the street average, it outperforms most homes in Whyte Ridge (top 30%) and the city (top 14%). The year built is marginally older than neighbours but newer than most homes in Winnipeg by roughly three decades.

Who it suits: Buyers who want a newer-construction home with a generous yard—especially those comparing across the city rather than fixating on street-level stats. It’s a good fit for families who value outdoor space and interior square footage over being the highest-valued home on their block. The property also works for someone who sees potential in a street where values lag slightly behind the neighbourhood average, possibly indicating room for appreciation.

Five Frequently Asked Questions

1. Why is the assessed value below average on the street but above average in the neighbourhood?
The street average ($565,900) is pulled up by a few higher-valued homes, but in the broader Whyte Ridge area, $541,000 is above the $529,600 norm. City-wide, it’s well above the $390,100 median—meaning the home offers strong value relative to the rest of Winnipeg.

2. How does the lot size compare to other properties in Whyte Ridge?
The 6,587-square-foot lot is in the top 25% of the neighbourhood and the top 15% on Caldwell Crescent. It’s slightly larger than the street’s average lot, which is a notable advantage for gardens, additions, or simply more outdoor living space.

3. Is the 1997 build considered dated for this area?
On Caldwell Crescent, the average home was built in 1998, so it’s only a year older than most neighbours. In Whyte Ridge (average 1994) and city-wide (average 1966), it’s actually newer. The home is from a well-regarded era of construction, balancing modern standards with established landscaping.

4. Why does the “bar fill” ranking use ambiguous colours instead of exact numbers?
The system groups properties into performance tiers (red, blue, amber, gray) to show roughly how many peers you outperform, rather than giving an exact percentile. Think of it as a quick snapshot: fuller bars mean stronger ranking, but the colour also signals whether you’re in a top tier (blue) or falling behind (red). It’s designed for comparison at a glance, not for precise calculation.

5. How should I interpret the “same area” and “city-wide” rankings together?
Use them to see where the home is strongest. For example, the property ranks top 11% city-wide for living area but only top 19% in Whyte Ridge—meaning your space is more impressive compared to the rest of Winnipeg than it is compared to your immediate neighbours. Conversely, the lot size holds its own in both the neighbourhood (top 25%) and city (top 21%). This helps you understand trade-offs: you get a standout interior by city standards, but it’s less unusual in Whyte Ridge itself.