61 Prospect Road

Whyte Ridge, Winnipeg

Property score

87.2

Excellent

Overall 87.2 · Larger but older than most nearby homes

1,928 sqft (top 22%) · Built in 1987 (7 yrs older than avg)

Located in a high-income area with median household income of ~132k

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Above average

16% larger than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 77%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

87.2 is composed by the two sections below.

Property Score

84.7Excellent
Living Area1,928 sqft92Excellent
Year Built198778Good
Lot Size6,595 sqft85Excellent
Neighbourhood Sales Activity23Low

Community Score

91.0Excellent
Household Income92Excellent
Education Level91Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46111061

Community deep dive

$132K

Median household income

$170K

Average household income

3%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

10%

Single-person households

39%

Families with children

Population, labour & age

Population (2021)629
Labour force participation rate67%
Median age52.0
Avg household size2.7
Unemployment rate9%
Population density1850 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households10%
Couple families with children39%
Median household income (2020)$132K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$460K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority13%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 76%
Mother tongue (2nd)Chinese · 5%

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

Rankings

Living Area

above average
1,928 sqft
0255075100
Same streetTop 39%Same areaTop 22%CitywideTop 13%
Same street · Prospect Road
#12 / 31
Top 39% · Avg 1,911 sqft
Same area · Whyte Ridge
#533 / 2,382
Top 22% · Avg 1,666 sqft
Citywide · Winnipeg
#24,582 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

above average
545k
0255075100
Same streetTop 39%Same areaTop 28%CitywideTop 13%
Same street · Prospect Road
#12 / 31
Top 39% · Avg 562k
Same area · Whyte Ridge
#662 / 2,382
Top 28% · Avg 529.6k
Citywide · Winnipeg
#25,913 / 194,458
Top 13% · Avg 390.1k

Year Built

above average
1987
0255075100
Same streetBottom 35%Same areaBottom 17%CitywideTop 25%

Lot Size

above average
6,595 sqft
0255075100
Same streetTop 32%Same areaTop 25%CitywideTop 21%

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

61 Prospect Road — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 494 m), 2 parks (nearest 217 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 11/2023CA$500k–550k
Sold price

Same street

Top 25%

Same area

Top 27%

City-wide

Top 12%

Related homes

Highlights & common questions: 61 Prospect Road, Winnipeg

61 Prospect Road – Property Summary

Key Characteristics & Buyer Profile

This 1987 home in Whyte Ridge offers 1,928 square feet of living space on a 6,595-square-foot lot. Its assessed value sits at $545,000.

What stands out here is how the property compares across different scales. On its own street, it's essentially average—middle of the pack for living area and assessed value, and slightly ahead for lot size. But zoom out to the neighbourhood or city level, and the picture shifts. The home ranks in the top 22% for living area within Whyte Ridge and top 13% citywide. The lot follows a similar pattern: top 25% in the neighbourhood, top 21% across Winnipeg. The year built (1987) is older than the neighbourhood average (1994), but newer than the citywide median (1966), which means the home sits in a sweet spot—established construction without being dated.

The less obvious angle here is that this property offers substantial interior space relative to its lot size, which is somewhat unusual. Many homes on larger lots in Whyte Ridge were built later and may have smaller floorplans. That combination of generous living area on a generously sized lot gives a buyer flexibility—room to renovate, add on, or simply spread out without feeling cramped by neighbouring properties.

Who it suits: A buyer who values square footage and a decent yard but doesn't need a brand-new build. It's a strong fit for someone comparison-shopping across the city and looking for solid metrics rather than curb appeal alone. The assessed value sits above the neighbourhood average but well below comparable citywide top-tier homes, suggesting room for value appreciation if the area continues to develop.


Frequently Asked Questions

1. How does this home compare to others on Prospect Road?
On its own street, this property is fairly typical. It ranks #12 out of 31 for living area (top 39%) and #12 out of 31 for assessed value (also top 39%). The lot is slightly smaller than the street average (6,595 sqft vs. 6,979 sqft), but still ranks in the top third. It's not the standout on the block, but it's not an outlier either.

2. Is the assessed value of $545,000 reasonable for this area?
Within Whyte Ridge, the neighbourhood average assessed value is $529,600. This home is above that, but not dramatically so. Citywide, the average for comparable homes is $390,100, so this property is priced well above the city median—reflecting the neighbourhood's desirability and the home's larger-than-average living area.

3. The home was built in 1987—is that considered old for Whyte Ridge?
Yes, relative to the neighbourhood. The average year built in Whyte Ridge is 1994, so this home is about seven years older than most nearby houses. However, citywide, the average is 1966, so it's newer than much of Winnipeg's housing stock. The age is a factor to consider for maintenance, but not unusual for established suburbs.

4. How does the living area compare to other homes in Winnipeg?
This is one of the home's strongest points. At 1,928 sqft, it ranks in the top 13% citywide. For context, the average living area for a comparable home in Winnipeg is 1,342 sqft, so this property offers roughly 44% more space. If square footage is a priority, this home outperforms most options across the city.

5. What is the "neighbourhood analysis map" and should I look at it?
The map allows you to see this home alongside nearby properties for direct comparisons of year built, living area, assessed value, and lot size. It's useful for getting a real sense of how this house sits within its immediate surroundings rather than relying on broad averages. Worth a look if you're serious about the property and want to understand the block's character.

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