110 Saxon Bay – Property Summary

Key Characteristics & Buyer Profile

This 1,221 sqft home sits on a 5,959 sqft lot in the Whyte Ridge neighbourhood of Winnipeg, built in 1987. Its assessed value is $482,000.

The property’s appeal lies in a few specific contrasts. While the house is smaller than the Whyte Ridge average—ranking in the bottom 10% of the community for living space—it's actually close to the city-wide median for square footage. The same is true of its lot size: slightly below the average on its street and in the neighbourhood, but right around the typical yard size city-wide. This means a buyer isn’t sacrificing space relative to most of Winnipeg; they’re simply buying in a community where homes tend to be larger.

The assessed value tells a similar story. At $482,000, this home is priced below the Whyte Ridge average but well above the city-wide average, placing it in the top quarter of Winnipeg properties by tax assessment. That suggests the value is tied more to the location and land than the house itself, which can be a strong position for someone looking to renovate or build equity over time.

This property would suit a buyer who values the Whyte Ridge area but doesn’t need a large home, or someone who wants a more modest footprint in a community where most homes are bigger—perhaps a couple downsizing, a small family, or an investor who sees potential in updating a house that’s priced below its neighbours.

Frequently Asked Questions

1. How does the living space compare to other homes in the area?
The home is significantly smaller than average for Whyte Ridge (1,221 sqft vs. 1,666 sqft community average), but it's slightly below the city-wide average of 1,342 sqft. On its own street, it's also on the smaller side, ranking 35th out of 45 homes on Saxon Bay.

2. Is the property overvalued or undervalued compared to similar homes?
Its assessed value of $482,000 is near the average for Saxon Bay itself, but well below the Whyte Ridge average of $530,000. Against the city as a whole, it's valued well above average. So it sits in a middle ground: fairly priced for its immediate street, but a relative bargain within its neighbourhood.

3. What era was the house built, and how does that affect its condition?
Built in 1987, this home is newer than the city average but older than most homes in Whyte Ridge, where the average build year is 1994. That makes it a candidate for some updates—kitchen, bathrooms, mechanicals—depending on the current owner's maintenance history.

4. How does the lot size compare to typical properties in the area?
The lot is 5,959 sqft, which is close to the average on Saxon Bay, slightly below the city average, and about 200 sqft under the Whyte Ridge average. It's not a standout feature, but it's not a limitation either—pretty standard for the area.

5. What kind of buyer would get the most value out of this property?
Someone who wants to be in Whyte Ridge but can't or doesn't want to pay for one of the larger homes there. A buyer comfortable with a modest-sized home in a higher-value area, or someone willing to invest in renovations to bring the house closer to the neighbourhood standard, could see good long-term returns.