128 Invermere Street, Whyte Ridge — Property Summary
Key Characteristics & Buyer Profile
This 1994-built home sits on a notably large lot (7,120 sqft), ranking well above average both on its street (top 11%) and across the neighbourhood (top 19%). The living area of 1,634 sqft is roughly in line with the neighbourhood average, though it exceeds the citywide median by a noticeable margin. The assessed value of $537k is above average at every level—particularly strong relative to the street itself, where it places in the top 8%.
The appeal here is less about standout interior square footage and more about the land and asset value trajectory. Compared to similar houses in Whyte Ridge, this property trades a slightly smaller footprint for a significantly larger lot, at a valuation that outpaces most of its immediate neighbours. That combination tends to attract buyers who prioritize outdoor space, privacy between homes, and long-term equity potential over the absolute maximum in finished living area. It may also suit someone looking for a 1990s-build with consistent upkeep—an era that offers a middle ground between older character homes and newer, higher-density construction. The year built (1994) is newer than the citywide average by nearly three decades, which can be a practical advantage for structural systems and insulation standards.
Frequently Asked Questions
1. How does the assessed value compare to the market value?
The assessed value reflects the city’s estimate for property tax purposes, not a current market appraisal. A ranking in the top 8% on the street suggests strong relative value, but actual sale price will depend on condition, upgrades, and recent comparable sales.
2. Is the neighbourhood considered desirable for families?
Whyte Ridge is generally well-regarded for its mix of mature trees, larger lots, and proximity to schools and parks. The land-to-house ratio here is better than most in the area, which can be a practical benefit for families wanting yard space without an oversized house to maintain.
3. What does “comparable homes” mean in these rankings?
The comparison set includes single-family detached houses in the same street, neighbourhood (Whyte Ridge), and city (Winnipeg), likely filtered by type and bedroom count. It is not a perfect apples-to-apples match, but it gives a reasonable sense of where this property stands relative to its peers.
4. Are there any common issues with homes built in 1994?
Homes from the mid-1990s in Winnipeg typically use modern framing, wiring, and plumbing, but may have original windows, roofing, or mechanical systems approaching the end of their service life. A home inspection would clarify what has been updated and what is original.
5. What are the trade-offs of a larger lot with a slightly smaller house?
A larger lot offers more outdoor use, better separation from neighbours, and potential for future additions or landscaping. The trade-off is higher maintenance (lawn care, snow clearing) and potentially higher property taxes relative to a house of the same size on a smaller lot.