139 Bessboro Street – Property Summary
Key Characteristics & Buyer Profile
This 1,797 sqft home on a 7,046 sqft lot was built in 1987 and is assessed at $515,000. It sits in the Whyte Ridge neighbourhood of Winnipeg. The property’s standout feature is its land: the lot size ranks in the top 20% within the neighbourhood and top 17% citywide, which is unusual for a home of this era in an established area. The living area is slightly below the street average but still places in the top 17% citywide, meaning it offers more interior space than most Winnipeg homes. The assessed value, while below the street average, is right around the neighbourhood median and well above the citywide average—reflecting both the land premium and the area’s relative desirability. The 1987 build date puts it among the older homes on Bessboro Street and within Whyte Ridge, though it is newer than the typical Winnipeg home. This property would suit buyers who prioritize outdoor space and a generous lot over a brand-new interior finish. It may appeal to families looking for room to expand, gardeners, or those who want a home in a mature neighbourhood with established trees and larger yards. The combination of a solid, older build with a sizable lot also makes it a candidate for future renovation or addition, provided zoning allows.
Five Frequently Asked Questions
1. How does this home compare to others in Whyte Ridge?
It sits slightly below the neighbourhood average in assessed value and year built, but above average in land area. The living area is right around the neighbourhood median. In short, you get a larger lot than most nearby homes, but the house itself is a bit older and valued a little less than the street’s newer builds.
2. Is the assessed value of $515,000 a reliable indicator of market price?
Assessed value is a lagging indicator based on market conditions at a set point in time (typically 1–2 years prior). It gives a useful baseline, but current sale prices on the street and in the neighbourhood should be your primary guide. On Bessboro Street, the average assessed value is $558,300, so this property is priced below that benchmark—but check recent sales to be sure.
3. Why is the lot considered above average, and what does that mean practically?
At 7,046 sqft, the lot is about 300 sqft larger than the street average and nearly 900 sqft larger than the neighbourhood average. That extra space could mean a bigger backyard, more room for a deck or garden, or potential for a future addition (subject to city bylaws). It’s a real differentiator in an area where lots tend to be smaller.
4. The home was built in 1987—are there common concerns with homes of that era?
Homes from the late 1980s are generally well-built, but you should look into the condition of the roof, windows, and mechanical systems (furnace, AC, hot water tank) as they may be nearing or past their expected lifespan. Polybutylene plumbing was sometimes used in that period—check if it’s present and whether it has been updated. Electrical panels from that era are typically fine, but an inspection is always wise.
5. What is the neighbourhood like in terms of schools, transit, and amenities?
Whyte Ridge is a family-oriented suburb with several schools within walking or short driving distance, including Whyte Ridge Elementary and Acadia Junior High. There are parks, a community centre, and a retail strip along McGillivray Boulevard. Transit service is available but not as frequent as in denser parts of the city; a car is practical for most errands.