75 Invermere Street – Property Summary

Key Characteristics & Who It Suits

This is a 1994-built home in Winnipeg’s Whyte Ridge neighbourhood with 1,203 square feet of living space on a 4,395-square-foot lot. Its assessed value is $458,000.

What stands out here is how the property compares across different scales. Street-level and neighbourhood-level data show the home is smaller in both living area (ranked 55th out of 62 on the street) and lot size (ranked 43rd of 62). But citywide, it flips: the living area is right at the median, and the assessed value climbs to the top 27% citywide. That suggests the home’s value is driven less by its size and more by its location and the age of the property—newer than 80% of homes across Winnipeg.

The appeal is pragmatic. You’re buying into a well-established neighbourhood (Whyte Ridge) with a relatively young home (1994), but you’re not paying a premium for a large lot or square footage. The land area is notably below the neighbourhood average (4,395 sqft vs. 6,175 sqft), meaning less yard maintenance and likely a lower entry price than many neighbours.

This property suits buyers who prioritize location and a newer build over interior space or a large yard. It could work well for downsizers, younger families who want a manageable lot, or anyone looking for a city-comparable home without the higher price tag of bigger homes on the same street. It’s less ideal for buyers seeking a spacious lot or maximum square footage for the money.

Frequently Asked Questions

1. The living area is small for the street—does that mean the rooms feel cramped?
Not necessarily. 1,203 square feet is typical for Winnipeg citywide. The street-level comparison looks small because several homes on Invermere are larger than average for the neighbourhood. It’s worth viewing the floor plan to see if the layout uses space efficiently.

2. Why is the assessed value above average citywide but below average on the street?
The street has several higher-value homes (average $494k), which pulls the local comparison down. Citywide, the $458k assessment is strong because the home is much newer than most Winnipeg properties (median year built: 1966). Age and location are working in its favour here.

3. How much yard work should I expect with a 4,395 sqft lot?
That’s about 40% smaller than the neighbourhood average. You’d have a modest yard—enough for a small garden or patio, but not the kind of sprawling lawn that demands a lot of weekly upkeep. It’s a low-maintenance outdoor space by Whyte Ridge standards.

4. Is Whyte Ridge a good area for resale value?
Generally yes. The neighbourhood has stable demand, and homes built in the 1990s are still relatively modern by Winnipeg standards. The smaller lot might limit appreciation compared to larger properties nearby, but the citywide value ranking (top 27%) suggests it’s already priced competitively.

5. How does this property compare to others in its price range citywide?
At $458k, you’re getting a newer home than most (top 20% citywide for year built) but less square footage than some older, larger homes at the same price point. You’re essentially trading interior space for a more recent build and a location in a popular suburban area.