63 Tolcross Gate – Property Summary

Key Characteristics & Buyer Fit

This 1,156 sqft home, built in 1990 on a 4,200 sqft lot in Whyte Ridge, sits at a distinct middle point. Its assessed value of $473,000 is above the citywide average but below the Whyte Ridge neighborhood norm. The appeal lies in its balance: it’s not the largest or most modern home on the street, but it’s not the smallest or oldest either. For a buyer, this means less premium paid for “top of the market” features while still owning something solidly middle-of-the-pack citywide.

The lot is notably smaller than the Whyte Ridge average, which is a common trade-off in established, built-out neighborhoods—you get the location and mature character, not a sprawling yard. The living area is also below the street average, but only by about 100 sqft, meaning the difference is marginal in day-to-day use.

This property would suit a buyer who values being in a specific neighborhood (Whyte Ridge) over maximizing square footage or lot size. It’s a practical fit for someone who wants a 1990s build—well past any major settling issues, still modern enough for decent insulation and layout—without paying for a newer, pricier home. First-time buyers or downsizers who prioritize location and manageable upkeep over “wow factor” would find this realistic.

Frequently Asked Questions

1. How does this home compare to others on Tolcross Gate specifically?
On its own street, it’s around average for assessed value and year built, but slightly below average in living area (1,156 sqft vs. 1,251 sqft street average) and slightly above average for land area (4,200 sqft vs. 4,470 sqft). It’s ranked #15 out of 41 homes by value—firmly in the middle, not an outlier.

2. Why is the assessed value above citywide average but below the neighborhood average?
The citywide average for comparable homes is $390k, so $473k is about 21% higher. But in Whyte Ridge, the neighborhood average is $529k, meaning this home is roughly 11% below that. This is typical for an older, smaller home within a high-value area—you’re paying for the zip code, not the top-tier specs.

3. Is a 4,200 sqft lot small for Winnipeg?
Citywide, it’s actually below average (the city median is around 6,570 sqft). But lot sizes vary hugely by neighborhood. In Whyte Ridge, the average is 6,175 sqft, so this is noticeably smaller. If yard space is a priority, you’d want to see it in person to gauge usability—some buyers prefer less maintenance.

4. How does the year built affect the home’s condition or value?
1990 is a solid vintage: it’s old enough that major structural issues (foundation, roof) have likely either been addressed or are due for replacement, but new enough that wiring, plumbing, and insulation are generally better than pre-1970s homes. It ranks in the top 22% citywide for newer construction, so you’re getting a relatively modern home without the premium of a 2000s build.

5. What does “rank by assessed value, higher = better rank” actually mean?
It means properties are ranked from highest to lowest assessed value. A higher rank (smaller number) indicates a higher value relative to peers. For example, citywide rank #47,341 out of 194,458 means this home is in the top 24% of all comparable Winnipeg homes by value—above average, but not elite.