This is a 1,618 sqft home built in 1987, sitting on a notably large 10,061 sqft lot in Whyte Ridge, Winnipeg. The property’s strongest asset is its land: the lot ranks in the top 16% on its street, top 5% in the neighbourhood, and top 6% citywide. The living area is slightly below average for Bessboro Street but above average for Winnipeg as a whole. The assessed value ($545k) is around average for the street but sits in the top 28% of the neighbourhood and top 13% of the city, reflecting the land’s contribution.
The appeal here is not in a recently renovated or maximally spacious interior, but rather in the potential and privacy that comes with an oversized lot in an established, stable area. Buyers who value outdoor space, gardening, future expansion, or simply not being on top of their neighbours will find this compelling. The home is older than most on its street and in the neighbourhood (built 1987 vs. street average of 2001), so it suits buyers who are comfortable with a property that may need updates or who plan to customize it over time. It’s less suited for someone seeking a move-in-ready, turnkey home in a newer subdivision.
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Why is the living area below average on the street but above average citywide?
Bessboro Street has a relatively high average living area for a Winnipeg street (1,864 sqft). Compared to the city average (1,342 sqft), this home’s 1,618 sqft is above average. The street has several larger homes, so this one is on the smaller side for that immediate block, but it’s still a good-sized home for most buyers.
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Does the large lot mean higher maintenance or costs?
Yes. A 10,061 sqft lot is about 50% larger than the neighbourhood average. You’ll have more lawn to mow, more snow to clear, and potentially higher property taxes (though the assessment is also influenced by the home’s age and condition). The trade-off is more outdoor space for kids, pets, or gardening.
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How does the 1987 construction affect things like insulation or mechanicals?
A home from 1987 is not old by Winnipeg standards, but it predates modern energy codes. It likely has original windows, furnace, and insulation unless upgraded. Buyers should budget for potential replacements within the next 5–10 years. The roof age is not listed but is worth checking.
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What makes the assessed value lower than the street average but higher than the neighbourhood average?
The street average is pulled up by a few very high-value homes. This home’s assessment is right around the middle of the street (ranked 24 out of 49). Meanwhile, the neighbourhood average is lower, so the home ranks well within Whyte Ridge. The large lot is a key reason the value exceeds the neighbourhood norm.
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How do I compare this property to others nearby in detail?
You can open the neighbourhood map analysis page (linked from the property listing) to see side-by-side comparisons of living area, year built, assessed value, and lot size for nearby homes. This gives a clearer picture of how this property sits among its immediate neighbours.