Property Summary: 14 St Albans Road
Key Characteristics & Ideal Buyer Profile
This home offers 1,776 square feet of living space on a 4,595-square-foot lot, built in 2002. Its appeal lies primarily in its assessed value relative to the broader market. Within the Whyte Ridge neighbourhood, it ranks in the top 17% for assessed value (at $572,000), and citywide it sits in the top 10%—well above Winnipeg’s average of $390,100 for comparable homes. This suggests the property holds strong equity relative to its area and the city at large.
However, the lot size is below average both on St Albans Road and within Whyte Ridge, ranking in the bottom 15% and bottom 16% respectively. Those looking for a large yard may find it limiting. The home’s build year (2002) is newer than most in the neighbourhood (average 1994) and citywide (average 1966), offering a more modern construction. A quirk: on its own street, it’s one of the older homes, as St Albans Road averages 2003.
This property would suit a buyer who values a solid investment in an established, above-average-value area and prefers a newer home with efficient use of space over a sprawling lot. It may be less ideal for someone seeking maximum outdoor space or a fixer-upper with land potential.
Five Possible FAQs
1. How does the living space compare at different levels?
The house is roughly average-sized for its street and neighbourhood, but well above average for Winnipeg overall. You get 1,776 square feet, which is slightly less than the Whyte Ridge average (1,666 sqft) but larger than most comparable citywide homes (average 1,342 sqft). It’s a middle-of-the-pack size locally, yet a generous one by city standards.
2. Why is the assessed value high relative to the city?
The assessment reflects that this property and its location command a premium. It ranks in the top 10% citywide, which likely ties to Whyte Ridge being a desirable, established suburb with modern homes and good amenities. The value is not exceptional for the street (around average) but stands out compared to many older Winnipeg neighbourhoods.
3. Is the lot size a disadvantage, and how does it affect use?
The lot is 4,595 square feet—smaller than most on St Albans Road (average 5,516 sqft) and in Whyte Ridge (average 6,175 sqft). It’s about average citywide. This means less lawn maintenance but also less space for gardens, play areas, or future expansion. If a deep backyard or privacy from neighbours is important, this could be a trade-off.
4. What makes this property stand out in its immediate neighbourhood?
Its main differentiator is being newer (2002) than most Whyte Ridge homes (average 1994). Combined with its higher assessed value (top 17% in the neighbourhood), it positions itself as a more contemporary, well-valued asset within a largely established area. The flip side is that its lot size is notably smaller than surrounding homes.
5. Is this home better suited as a long-term hold or a starter property?
Given its above-average citywide value and newer construction, it leans toward a solid long-term hold in an established neighbourhood. The smaller lot may limit some short-term resale appeal for families wanting outdoor space, but the location and modern build are durable advantages. A starter buyer might need to accept less yard, while someone downsizing could appreciate the efficient footprint.