70 Tamblyn Road – Property Summary

Key Characteristics & Buyer Profile

This is a 1,748 sqft home built in 2007 on a 4,592 sqft lot in Whyte Ridge, Winnipeg. The property’s main strength is its age—it’s one of the newest homes on the street and in the neighbourhood, ranking in the top 5% locally and top 1% within Whyte Ridge. That newness gives it a structural and mechanical head start over many nearby homes built in the 1990s or earlier.

The assessed value of $545,000 tells a more nuanced story. On its own street, the home sits slightly below average in value (ranked 16th out of 21), but within Whyte Ridge it climbs to the top 28%, and citywide it lands in the top 13%. That suggests the home represents moderate value relative to its immediate neighbours—it’s priced lower than some older, larger homes on the same street—while still being well above the city baseline. The lot size is below average locally and neighbourhood-wide, which is a trade-off worth noting: less yard to maintain, but less outdoor space for those who want it.

The appeal here is for buyers who want a relatively new home in an established, mature neighbourhood without paying a premium for the newest infill builds. It suits people who prioritize modern construction over a large lot, and who are comfortable with a home that’s solidly average in living space for Whyte Ridge but well above average citywide. Families or professionals looking for a move-in-ready home with lower immediate maintenance concerns (no old roof, furnace, or foundation issues common to older stock) would find this practical. It may also appeal to those who see potential for value growth as surrounding older homes continue to age.

Frequently Asked Questions

1. How does this home’s living space actually compare to others nearby?
It’s 1,748 sqft, which is slightly below the street average of 2,001 sqft (ranked 15th out of 21). In the broader Whyte Ridge neighbourhood, it’s around average (ranked 947 out of 2,382). Citywide, it’s in the top 19%, so while this home isn’t oversized for its street, it’s notably more spacious than the typical Winnipeg home.

2. Why is the assessed value lower than the street average but higher than the neighbourhood average?
Tamblyn Road has several older, larger homes (likely built in the 1990s or early 2000s) with bigger lots and higher square footage, which drive up the street average. This home’s smaller lot and living area bring its assessed value below that top tier. But Whyte Ridge as a whole includes many older, smaller homes, so this property’s newer construction and decent size push it above the neighbourhood average.

3. Is a 4,592 sqft lot considered small for Whyte Ridge?
Yes, it ranks 18th out of 21 on the street (top 86%) and 2,012 out of 2,382 in the neighbourhood (top 84%). That means nearly 85% of homes in the area sit on larger lots. For someone used to a bigger yard, this might feel tight. However, it’s very close to the citywide average of 6,570 sqft, so it’s not unusually small by Winnipeg standards.

4. What kind of maintenance concerns are likely for a home built in 2007?
A home this age is past the first decade but still relatively young. Major systems like the roof, furnace, and water heater typically have another 10–15 years of life if properly maintained. The main things to check are appliances, windows, and any exterior finishes (siding, deck, driveway) that may show wear after 17 years. It’s unlikely to have the deferred maintenance issues common in homes from the 60s–80s, but it’s old enough that a home inspection should focus on past repairs and general upkeep.

5. How does this property rank for investment potential versus a newer infill or an older fixer-upper in the same area?
This home sits in a middle zone. It’s newer than most of the neighbourhood (top 1%), so it won’t depreciate as quickly as older stock, but it also lacks the premium location or lot size that often drives stronger appreciation for infills. Its assessed value is already above neighbourhood average, so short-term value jumps may be modest. For steady, lower-risk holding, it’s solid. For buyers betting on major upside through renovation or land value, an older home on a bigger lot might offer more leverage.