68 Hillberry Bay – Property Summary

Key Characteristics & Buyer Profile

This is a 2,179 sqft home on a 6,324 sqft lot, built in 1989, with a current assessed value of $586,000. The property sits in the Whyte Ridge neighbourhood of Winnipeg.

The appeal here is size and value relative to the wider market. The living area ranks in the top 7% citywide, which is notable for a home that isn't a new build. The assessed value also runs well above both the street and neighbourhood averages, and sits in the top 9% across Winnipeg. What that likely reflects is a home that has been well-maintained or updated, or that benefits from a desirable location within the area.

The lot is slightly below the street average but still above the neighbourhood average, so you're getting a house that's spacious inside without an oversized yard to maintain. The year built (1989) is typical for the street and older than the surrounding neighbourhood average, but newer than the citywide median—so it's not a character home, but it's not a recent build either. It's a solid, established-era house.

This property would suit buyers who want above-average interior space for the price, particularly those comparing within Winnipeg rather than just within Whyte Ridge. It's less ideal for someone looking for a newer finish or a more uniform street where every house is similar. The rankings suggest this is one of the higher-value homes on its street, which could mean it stands out—for better or worse, depending on the buyer's taste. Also worth noting: if you value privacy or a larger yard, the lot is only average for the street, so the interior square footage comes at the expense of outdoor space relative to neighbours.

Frequently Asked Questions

1. How does this home compare to others on Hillberry Bay specifically?
It ranks 8th out of 30 homes for living area (top 27%) and 4th out of 30 for assessed value (top 13%). So it's one of the larger and more valuable homes on the street, but not the most extreme outlier.

2. Is the assessed value of $586,000 a reliable guide to market price?
Assessed value is a lagging indicator and may not match current market conditions, especially in a shifting market. It's useful for comparison against other properties, but not a substitute for a recent appraisal or comparable sales data.

3. Why is the neighbourhood average for year built (1994) newer than this house (1989)?
Whyte Ridge has a mix of build eras. This street and a few nearby pockets were developed earlier, while other parts of the neighbourhood were built into the mid-1990s. That's fairly typical in established subdivisions.

4. Does the "top 7% citywide" living area ranking mean this is a large house?
Relative to the citywide average, yes. But keep in mind that Winnipeg's housing stock includes many older, smaller homes. Within its own street and neighbourhood, the size is above average but not exceptional. It's a spacious house for the area, not a mansion.

5. Should I be concerned that the land area is only average for the street?
Only if you specifically want a large lot. The trade-off is more indoor space on a standard-sized lot. If you're comparing to newer subdivisions where lots are often smaller, this is still a decent land size. If you're coming from a rural property or a larger suburban lot, it may feel tighter.