88 Setterington Bay

Whyte Ridge, Winnipeg

Property score

86.5

Excellent

Overall 86.5 · Larger and newer than most nearby homes

2,300 sqft (top 6%) · Built in 2004 (10 yrs newer than avg)

Located in a high-income area with median household income of ~120k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 park, 4 sports facilitys, and 1 place of worship nearby

Living Area

Above average

38% larger than neighborhood avg.

Year Built

Above average

10 yrs newer than neighborhood avg.

Mother tongue

English · 66%Chinese · 7%

Past 10 years Whyte Ridge sales snapshot (~80% of all data)

Sold Count

752

Median price

536.3k

$/sqft

$352/sqft

Avg build year

1994

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Property score

86.5 is composed by the two sections below.

Property Score

85.1Excellent
Living Area2,300 sqft96Excellent
Year Built200487Excellent
Lot Size4,886 sqft60Fair
Neighbourhood Sales Activity23Low

Community Score

88.7Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress74Good
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

Whyte Ridge

How to read: Share of sales in each ~$50k price band for “whyte ridge” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111058

Community deep dive

$120K

Median household income

$138K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.2

P90 / P10 ratio

14%

Single-person households

44%

Families with children

Population, labour & age

Population (2021)1,289
Labour force participation rate70%
Median age39.2
Avg household size2.9
Unemployment rate7%
Population density2929 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households14%
Couple families with children44%
Median household income (2020)$120K

Housing

Renter households22%
Condominium dwellings0%
Median dwelling value (owners)$472K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority34%
Bachelor's or higher (25–64)51%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Chinese · 7%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,300 sqft
0255075100
Same streetTop 8%Same areaTop 6%CitywideTop 5%
Same street · Setterington Bay
#3 / 36
Top 8% · Avg 1,874 sqft
Same area · Whyte Ridge
#138 / 2,382
Top 6% · Avg 1,666 sqft
Citywide · Winnipeg
#9,599 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

above average
570k
0255075100
Same streetTop 39%Same areaTop 18%CitywideTop 10%
Same street · Setterington Bay
#14 / 36
Top 39% · Avg 560.8k
Same area · Whyte Ridge
#428 / 2,382
Top 18% · Avg 529.6k
Citywide · Winnipeg
#20,277 / 194,458
Top 10% · Avg 390.1k

Year Built

Elite
2004
0255075100
Same streetTop 8%Same areaTop 5%CitywideTop 15%

Lot Size

around average
4,886 sqft
0255075100
Same streetTop 47%Same areaBottom 25%CitywideBottom 41%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

88 Setterington Bay — 6 amenities found within 500 m, across 3 categories, including 1 parks (nearest 460 m).

Search radius
🌳Parks1
💪Sports4
Worship1

Crime & Safety

Whyte Ridge · WPS public data · 2026

Annual incidents

4

2026

vs. city avg

-86%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Violent

75%

Sales History

Sold 7/2024CA$600k–650k
Sold price

Same street

Top 11%

Same area

Top 8%

City-wide

Top 5%
Sold 5/2021CA$550k–600k
Sold price

Same street

Top 44%

Same area

Top 24%

City-wide

Top 11%
Sold 8/2017CA$450k–500k
Sold price

Same street

Bottom 6%

Same area

Bottom 48%

City-wide

Top 19%

Related homes

Highlights & common questions: 88 Setterington Bay, Winnipeg

88 Setterington Bay – Property Summary

Key Characteristics & Buyer Profile

This is a 2,300 sqft home built in 2004, situated on a 4,886 sqft lot in Whyte Ridge, Winnipeg. Its standout feature is living space: it ranks in the top 5% citywide for living area, and tops 94% of homes on its own street. The assessed value of $570,000 sits slightly above the street average but well above the citywide median—reflecting a property that offers generous interior space without commanding a premium lot size. The land is smaller than the neighbourhood norm (bottom 25% in Whyte Ridge), which is worth noting for buyers who prioritize yard space.

The appeal here is practical: you get a newer, spacious home in a well-established area, without paying for extra land you may not need. It suits buyers who want move-in-ready square footage—families needing room to spread out, or those who value indoor living areas over outdoor space. The 2004 build places it among the newer homes in the neighbourhood (top 5% locally), which can mean fewer immediate maintenance concerns compared to older stock. However, the smaller lot may be a drawback for gardeners, dog owners, or anyone planning additions.


Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
It's around average for the street (ranked 14 out of 36) but above average for the broader neighbourhood and city. The $570k assessment reflects the large living area more than the lot size. If you're comparing properties, focus on interior square footage rather than land.

2. Why is the land area considered below average for the neighbourhood?
At 4,886 sqft, the lot is smaller than most in Whyte Ridge, where the average is 6,175 sqft. This is typical for newer infill builds in established areas—more house was prioritized over yard. It's not unusual, but it means less outdoor space than many neighbouring homes.

3. Is the living area data reliable for comparing to other listings?
The rankings use municipal assessment data for comparable homes (similar type, condition, and zoning). The 2,300 sqft figure places it in the top 5% citywide, which is a strong indicator. However, "living area" can exclude finished basements or garages depending on local definitions, so confirm with the full floor plan.

4. How does a 2004 build hold up in this market?
Homes from the early 2000s in Winnipeg are generally well-constructed, with modern insulation, wiring, and windows. Being newer than 94% of homes in Whyte Ridge means it avoids common older-home issues like knob-and-tube wiring or settling foundations. The trade-off is less architectural character than pre-war homes.

5. What's the property's resale positioning likely to be?
The large living area and newer build are strong selling points. The smaller lot may narrow the buyer pool slightly—those wanting acreage will look elsewhere. But for the majority of buyers prioritizing interior space in a good neighbourhood, it holds value well. The assessed value trend suggests steady appreciation, not a standout investment property.

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