99 Leander Crescent – Property Summary

Key Characteristics & Buyer Profile

This 1,857 sqft home, built in 2003, sits on a 4,399 sqft lot in the Whyte Ridge neighbourhood of Winnipeg. Its strongest asset is its age—it ranks 2nd newest out of 50 homes on the street (top 4%) and well above the citywide average build year of 1966. The living area is slightly below the street average but still ranks in the top 15% citywide, meaning the interior is generous compared to much of Winnipeg. The assessed value of $559,000 is a touch below the street average, yet sits in the top 12% citywide, reflecting the neighbourhood’s above-average price point.

The appeal here is a newer, well-sized home in a solid suburban area without paying a premium for the largest lot. The land is smaller than most on the street and in the neighbourhood—ranking in the bottom 12% locally—which may suit buyers who prioritize a modern interior and lower yard maintenance over sprawling outdoor space. This property would work well for a family or couple looking for a move-in-ready home in a established area, especially if they value newer construction and don’t need a large garden or side yard. It’s less suited to someone seeking maximum lot size or absolute square footage at the street level.

Frequently Asked Questions

1. How does the living area compare to other homes in Whyte Ridge?
It’s above average for the neighbourhood, ranking in the top 30%. At 1,857 sqft, it’s about 200 sqft larger than the typical Whyte Ridge home, though slightly less than the average on this specific street.

2. Is the assessed value of $559,000 reasonable for this area?
Yes. It’s very close to the street average ($560,700) and above the neighbourhood average ($529,600). The valuation reflects a newer home in a desirable pocket, not an outlier.

3. Why is the land area ranked low despite the house being well-rated otherwise?
The 4,399 sqft lot is smaller than average for both the street and neighbourhood. That’s common with newer infill or compact-lot subdivisions. The trade-off is a newer house in a convenient location, but if outdoor space is a priority, this lot may feel tight.

4. How old is the property, and is that a benefit?
Built in 2003, it’s one of the newest homes on the street (top 4%) and significantly newer than most homes citywide, where the average year built is 1966. That means modern construction standards, less deferred maintenance, and likely better energy efficiency than older housing stock.

5. Does the “top 12% citywide” assessed value mean the property is overpriced?
Not necessarily. It means the home is in a higher-value bracket compared to the broader Winnipeg market, which has a much lower average assessed value ($390,100). The price reflects a combination of newer build, decent size, and a strong neighbourhood—not an inflated listing.