103 Leander Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 2002-built home in Whyte Ridge, Winnipeg, with 1,508 sq ft of living space on a 4,903 sq ft lot. Its assessed value is $544,000. The property presents a mixed statistical picture depending on the comparison level.
Where its appeal lies: The home performs strongest in citywide rankings—top 30% for living area and top 13% for assessed value. Locally, it’s newer than many neighboring homes (top 10% in Whyte Ridge for year built) and sits on one of the larger lots on its street (top 22% on Leander Crescent). The lot size, however, is below the neighborhood average, meaning you get more land than your immediate neighbours but less than what’s typical in Whyte Ridge as a whole. This suggests the property offers good citywide value relative to its age and size, but it’s not oversized for the area.
What type of buyer it suits: Buyers who want a relatively newer home in an established neighbourhood without paying a premium for a large lot. It would work well for someone who prioritizes a modern build year and solid citywide value over maximum square footage or land. Families or professionals who don’t need extensive yard space but want a home that sits well in its street context should find it appealing. The below-average street-level ranking for living area (top 90%) could be a plus for someone who wants a quieter, less dense feel among slightly larger homes on the same street.
Frequently Asked Questions
1. How does this home compare to others on Leander Crescent itself?
On its street, it ranks below average for living area (top 90%) and assessed value (top 74%), but above average for lot size (top 22%) and year built (top 16%). So it’s one of the newer homes on the street, with a decent-sized lot, but smaller inside and valued lower than the street median.
2. Is the assessed value reasonable for the neighbourhood?
The assessed value of $544,000 is above the Whyte Ridge average of $529,600 (top 28%). While you’re paying more than the local median, the home is newer than most in the area (2002 vs. 1994 average), which partly explains the premium. It’s not an outlier, but it’s higher than typical for the neighbourhood.
3. How much land does it have, and is that a concern?
The lot is 4,903 sq ft—larger than the Leander Crescent average (4,857 sq ft) but below the Whyte Ridge average (6,175 sq ft). If you’re comparing within a few blocks, it’s fine. If you expect a typical Whyte Ridge lot size, you might find it smaller than expected. Citywide, it’s around average (top 58%).
4. Is this home a good value for Winnipeg overall?
Yes, by citywide standards. It ranks in the top 13% for assessed value, and its living area is top 30%. For a 2002 build, that’s strong positioning. It’s not a budget option, but for the combination of age, size, and location, it sits well above the city median in all three metrics.
5. What should I look for when viewing this property?
Given its build year (2002), check for typical issues for a home of that age: roof condition, furnace and water heater age, windows, and any deferred maintenance. Also, since the lot is smaller than the neighbourhood average, confirm how the yard and driveway are configured—parking and outdoor space might be tighter than expected in Whyte Ridge.