Property Overview: 102 Saxon Bay, Whyte Ridge, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 102 Saxon Bay is a well-established property in the desirable Whyte Ridge neighborhood. Built in 1988, it is among the older homes on its street, suggesting a mature setting with developed landscaping. With 1,365 sqft of living space and a 5,503 sqft lot, its size is very close to the Winnipeg average, offering comfortable space without being oversized.
The primary appeal lies in its value positioning and location. The home’s assessed value of $474k is above average city-wide, yet below the average for Whyte Ridge. This creates an opportunity to enter a sought-after neighborhood at a relatively accessible price point. Its recent sale in late 2023 within the $450k-$500k range indicates stable market acceptance.
This property would suit practical, value-conscious buyers. It’s ideal for first-time buyers stepping into a family-friendly community, downsizers seeking a manageable home in a prime area, or investors attracted by the neighborhood’s enduring appeal. A thoughtful perspective is that its "around average" metrics city-wide represent a low-risk, stable investment in a home that aligns with broader market norms, avoiding the premium or the compromises of more extreme properties.
Section 2: Frequently Asked Questions
1. Is this home a good value for Whyte Ridge?
The data suggests it is competitively priced for the area. Its assessed and recent sold value are below the neighborhood average, potentially offering a cost-effective entry into Whyte Ridge.
2. How does the home’s size compare?
At 1,365 sqft, the living area is slightly below the Whyte Ridge average but aligns closely with the typical Winnipeg home. The lot size is also somewhat smaller than others on Saxon Bay but is near the neighborhood average.
3. What does the year built (1988) indicate?
It places the home in the earlier phase of Whyte Ridge's development. This often means mature trees and established gardens, but buyers should be mindful of the potential for age-related updates (roof, windows, HVAC) common for homes of this era.
4. How reliable is the sold price information shown?
The site provides sold price ranges based on public data, not MLS records. For fully verified and exact historical sale figures, you must request a manual lookup via email from the service.
5. Are the property taxes likely to be high?
While the assessed value is above the city average, it is below the average for Whyte Ridge. Property taxes would likely reflect this—higher than a typical Winnipeg home but potentially lower than many in this specific neighborhood.