Property Summary

Key Characteristics & Buyer Profile

This is a 1,512-square-foot home built in 2001, located in the Whyte Ridge neighbourhood of Winnipeg. It sits on a 3,955-square-foot lot and has an assessed value of $470,000.

The property’s main appeal lies in its living space and construction year. The square footage is above the citywide average and ranks in the top 30% across Winnipeg. The 2001 build date puts it in the top 17% citywide and top 14% within Whyte Ridge, meaning it’s newer than most homes in the area. The assessed value also ranks in the top quarter of the city, reflecting solid overall value.

However, the lot size is notably small. It ranks in the bottom 25% citywide and in the bottom 1% within Whyte Ridge—meaning nearly every other property in the neighbourhood sits on more land. On its own street, it’s in the bottom 27% for lot area.

Who this suits: This home would work well for buyers who prioritize interior space and a newer build over a large yard—perhaps professionals, couples, or small families who want a modern, low-maintenance property without feeling cramped inside. It’s less suited for anyone who needs a generous outdoor area for gardening, recreation, or expansion. In a neighbourhood like Whyte Ridge where larger lots are the norm, this property stands out as a more compact option—a point that could be either a dealbreaker or a practical advantage, depending on the buyer’s lifestyle.

Frequently Asked Questions

1. How does the living space compare to typical homes in the area?
At 1,512 square feet, it’s about 150 square feet smaller than the Whyte Ridge average (1,666 sqft), but it’s above the citywide average (1,342 sqft). Ranked against all Winnipeg homes, it’s in the top 30%—so it offers more interior room than most properties citywide, though it’s slightly below the neighbourhood norm.

2. Is the assessed value a realistic estimate of market price?
The assessed value of $470,000 is a benchmark used for property taxes, not a market appraisal. That said, it ranks in the top 25% citywide, suggesting the home sits in a stronger-value tier. Actual market price will depend on condition, upgrades, and current demand. For a more accurate figure, a local realtor or appraiser would be needed.

3. Why is the lot size ranked so low?
The 3,955-square-foot lot is well below the typical Whyte Ridge lot—the area average is not listed here, but the “bottom 1%” ranking indicates almost every other property in the neighbourhood has more land. Citywide, it’s in the bottom 25%. This suggests the home was built on a smaller parcel, likely to maximize living area on less land, which is common in newer infill or compact subdivisions.

4. What does the “year built” ranking tell me about the home’s condition?
Built in 2001, the home is newer than 83% of properties citywide and 86% of those in Whyte Ridge. That generally means more modern construction standards, materials, and systems (plumbing, electrical, insulation). Condition still depends on upkeep—a 2001 home can show wear if neglected—but it avoids many of the issues common in older Winnipeg homes, like knob-and-tube wiring or insufficient insulation.

5. What should I consider about the neighbourhood context?
Whyte Ridge has an average living area of 1,666 square feet, so this home is on the smaller side for the area. The combination of a newer build and a smaller lot means it may appeal to someone looking for a more efficient layout with less outdoor maintenance—but the resale market might be narrow if future buyers expect a larger lot. Checking recent sales of comparable homes in the immediate vicinity would give a clearer picture of demand.