107 Cedar Glen Road – Property Summary

Key Characteristics & Buyer Profile

This home at 107 Cedar Glen Road is a 1,262 sqft property built in 1998, sitting on a 4,723 sqft lot in the Whyte Ridge neighbourhood of Winnipeg. Its strongest feature is its age: it is the newest home on Cedar Glen Road (ranked #1 out of 61), and among the newer homes citywide (top 18%). The assessed value of $487,000 is above the street average of $465,300 and well above the citywide average of $390,100, reflecting both the newer construction and the street’s desirability.

The appeal here is more nuanced than a simple “good value” story. On one hand, the home performs well on its street—above average in living area and assessed value, and elite in year built. But zoom out to the neighbourhood level, and it becomes a different picture: the property is below average in both living area (1,262 sqft vs. 1,666 sqft neighbourhood average) and land area (4,723 sqft vs. 6,175 sqft). That means a buyer is getting a relatively compact home and lot in a neighbourhood where many homes are larger. The trade-off is newer construction in an established area, which can mean fewer immediate upgrades or repairs compared to older neighbouring homes.

This property would suit a buyer who values a newer, move-in-ready home and is less concerned about having maximum square footage or a large yard. It’s a good fit for someone who wants to be in Whyte Ridge—a family-friendly area with good schools and amenities—but isn’t looking for the biggest house on the block. First-time buyers or downsizers might find the size reasonable, especially given the energy efficiency and lower maintenance that often come with a 1998 build compared to the older housing stock typical in Winnipeg.

Frequently Asked Questions

1. How does the assessed value compare to what I might actually pay?
The assessed value of $487,000 is a municipal estimate for tax purposes, not a market price. Comparable homes on Cedar Glen Road average $465,300, but the home ranks in the top 13% on the street by value. In a competitive market, sale prices can exceed assessed values, particularly for newer homes. It’s best to look at recent sales of similar-sized homes built after 1995 in Whyte Ridge for a realistic price range.

2. Why is the living area considered “below average” in the neighbourhood but “above average” on the street?
Because Cedar Glen Road has smaller homes overall (street average: 1,249 sqft) compared to Whyte Ridge as a whole (neighbourhood average: 1,666 sqft). This home is larger than others on its street, but smaller than the typical Whyte Ridge home. It reflects the diversity of housing stock within the neighbourhood—some streets have larger lots and older, bigger houses.

3. Is the land area a concern for resale value?
It could be, depending on buyer preferences. The lot is 4,723 sqft, which is average for the street but well below the neighbourhood and city averages. In Whyte Ridge, where many homes sit on 6,000+ sqft lots, a smaller yard might limit appeal to families wanting outdoor space. However, it also means less yard maintenance, which can be a selling point for empty-nesters or those with busy schedules.

4. What does “ranked #1 out of 61” for year built actually mean?
It means 107 Cedar Glen Road is the newest home on that street. The average year built on the street is 1996, and the home was built in 1998—just two years newer, but enough to claim the top spot. That’s less dramatic than it sounds; it’s not a brand-new house, but it is the most recent construction among its immediate neighbours. Compared to citywide housing stock, it’s still relatively modern.

5. How should I interpret the “top X%” rankings across different categories?
They show where this home sits relative to others at three levels: street, neighbourhood, and city. A top 13% ranking for assessed value on the street means it’s among the higher-valued homes there. A top 79% ranking for land area in the neighbourhood means 79% of neighbourhood homes have larger lots. It’s a quick snapshot, but doesn’t account for condition, renovations, or location specifics (like backing onto a green space). Use them as a starting point, not a final verdict.