This 1,856 sqft home in Whyte Ridge, built in 1986, sits on a 5,228 sqft lot with a current assessed value of $505,000. Its standout feature is living space: the home ranks #1 on its street and in the top 15% city-wide, offering noticeably more interior room than typical Winnipeg homes. The assessed value is above average for the street and city, but slightly below the Whyte Ridge neighbourhood average—meaning you’re getting strong square footage without paying a full premium for the area’s newer builds. The land parcel, however, is the smallest on the street, which may appeal to buyers who prioritize indoor space over a large yard.
The home’s appeal lies in its efficient use of interior square footage relative to its price point. It suits buyers who want generous living areas—families needing room for home offices, hobbies, or entertaining—without chasing the largest lot or the newest construction. It also fits those who prefer an established, 1980s-built home in a mature neighbourhood over a newer infill property with less interior space per dollar.
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How does this home’s size compare to typical houses in Winnipeg?
The living area is about 38% larger than the citywide average (1,342 sqft) and ranks in the top 15% of all comparable homes in Winnipeg. On its own street, it’s the largest property.
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Why is the assessed value slightly below the neighbourhood average despite being above average city-wide?
Whyte Ridge has many newer homes (averaging 1994 build year) and larger lot sizes (averaging 6,175 sqft). This property’s 1986 build and smaller 5,228 sqft lot pull its assessment below the neighbourhood norm, even though it offers more living space and a higher assessed value than most city-wide peers.
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Is a small lot a drawback?
It depends on your needs. At 5,228 sqft, the lot is the smallest on the street and roughly 15% smaller than the neighbourhood average. If you want a low-maintenance yard or prefer to focus indoor living space, it’s an advantage. For gardening or outdoor entertaining, it may feel tight.
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What year was the house built, and how does that affect maintenance?
Built in 1986, the home is older than the typical Whyte Ridge home (1994) but newer than the average Winnipeg home (1966). Major systems like roofing, windows, and mechanicals may need updating depending on the current owner’s maintenance history. It’s worth checking the age of these components.
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What is the neighbourhood like in terms of amenities and resale value?
Whyte Ridge is a well-established area with parks, schools, and shopping nearby. The home’s strong living-area ranking relative to its lot size means it could appeal to a niche buyer when you sell—someone who values interior space over a big yard. Resale value may be steadier than newer subdivisions because the neighbourhood is mature and fully built out.