Here is a direct summary of the property at 106 Burlington Way, written for a webpage display.
1. Key Characteristics & Buyer Fit
This 1986 home offers 1,217 sq. ft. of living space on a 5,427 sq. ft. lot, with an assessed value of $480,000. Its most notable strength isn’t size, but value. While the living area and lot are smaller than the street and neighborhood averages, the home ranks in the top 23% citywide for assessed value—meaning you’re getting a property that holds its value well compared to the broader Winnipeg market.
The home is older than most of its neighbors in Whyte Ridge (where the average build year is 1994), but considerably newer than the citywide average of 1966. This puts it in a unique sweet spot: it avoids the maintenance headaches of a much older home, yet it may offer more established construction and mature landscaping than newer infills.
Who it suits:
- Value-focused buyers who want a well-appraised home in a solid neighborhood without paying a premium for the largest lot or newest build.
- Buyers who prioritize location over square footage. The property is smaller than the street norm, which may mean a lower price point for entry into Burlington Way.
- Those looking for a project with a strong base. Because the assessed value is above average citywide, the underlying asset is sound, making renovations or updates a potentially smart investment.
2. Frequently Asked Questions
Q: The living area is below average for the street—will this be hard to resell later?
Not necessarily. The citywide data suggests your home’s size is actually very normal for Winnipeg. You’re buying a home that fits the typical city footprint, just on a street with unusually large houses. Resale value is more tied to condition and location than being the biggest on the block.
Q: Why is the assessed value relatively high if the home and lot are both smaller than the neighborhood average?
This likely reflects the quality of the original construction, the specific location on Burlington Way, or recent upgrades that aren’t captured in the raw size numbers. Assessed value considers more than just square footage—it factors in finishes, layout, and market demand for that specific address.
Q: What does it mean that the home ranks in the top 94% for age within the neighborhood?
It means most homes in Whyte Ridge are newer (average 1994). Your 1986 build puts you in a older pocket of the area. This isn’t necessarily bad—older homes in established neighborhoods often have larger lots, better soundproofing, and deeper backyards than newer subdivisions. It’s worth checking if any specific systems (roof, furnace) are original and need budgeting.
Q: Should I be concerned that the lot is in the bottom 17% on the street?
Only if you need a large yard. The street’s average lot is unusually large at 7,069 sq. ft. At 5,427 sq. ft., your lot is still above average for the city overall. You’ll have less mowing and outdoor maintenance, but also less space for additions or big gardens.
Q: How does the year built of 1986 affect insurance or maintenance costs?
Homes from the mid-1980s typically have modern electrical and plumbing, but may still have aging polybutylene pipes or older windows. Insurance rates are generally lower than for houses from the 1960s or earlier. However, you should budget for updates that homes from the 1990s or 2000s may already have completed.