148 Apple Hill Road – Property Summary

Key Characteristics & Buyer Profile

This is a 1,516 sqft home built in 1987 on a 5,400 sqft lot in Winnipeg’s Whyte Ridge neighborhood. Its assessed value is $509,000.

Where this property stands out is citywide: it ranks in the top 29% for living area and top 18% for assessed value when compared across Winnipeg. On its own street (Apple Hill Road), it ranks in the top 28% for value and top 20% for being newer—though the street was largely built around the same year. In the broader Whyte Ridge area, it sits closer to average in both size and value, which suggests the home is modest relative to newer or larger nearby houses but strong compared to the city as a whole. The land area is slightly below average on all three scales, so the lot is not oversized but typical for the street.

The appeal here is balance. You get a home that’s above-average citywide without paying a premium that pushes it out of reach for its street. It’s not a standout within Whyte Ridge, which may mean less competition from buyers chasing a “best on the block” property. The 1987 build is older than much of the surrounding area (where the average is 1994) but newer than the city average of 1966, so it avoids major renovation needs while still having some character from that era.

This property would suit a buyer who wants solid citywide metrics—good size, good value—but doesn’t need to be the top house in the neighborhood. It’s a practical fit for someone who prioritizes a reasonable commute (Whyte Ridge is a established southwest Winnipeg suburb) and wants a home that’s move-in ready without being the newest or largest on the street. First-time buyers or downsizers who value location over lot size may find it especially appropriate, as the land is modest but the interior is above average.

Five Possible FAQs

1. How does this home compare to others on Apple Hill Road specifically?
It ranks 17th out of 61 homes for assessed value and 12th for year built. That puts it in the top third for value and the top fifth for age on this street. The living area and lot size are both around average here.

2. Why is the assessed value higher citywide but only average in Whyte Ridge?
Whyte Ridge has a higher baseline than many Winnipeg neighborhoods—its average assessed value is $529,600, compared to $390,100 citywide. This home’s $509,000 is above the city norm but falls just below the neighborhood average, so it reads as “average” locally while still being a strong value compared to the rest of Winnipeg.

3. Is the 1987 construction a concern or an advantage?
Depends on your priorities. It’s newer than many homes in Winnipeg (city average is 1966), so you avoid major systems from the mid-century era. But Whyte Ridge has newer builds (average 1994), so you may face more competition from houses with updates or modern layouts. Look for whether major items like windows, roof, or mechanicals have been refreshed since 1987.

4. The land area seems small. Is that typical for this area?
It’s slightly below the Whyte Ridge average of 6,175 sqft and slightly below the city average of 6,570 sqft. On Apple Hill Road, it ranks 28th out of 61—right in the middle. The lot is not unusually small for the street, but it is modest compared to newer suburbs where larger lots are more common.

5. What kind of buyer typically goes for a home like this?
Often someone who wants to be in Whyte Ridge but can’t or doesn’t want to compete for the priciest or newest homes there. It also appeals to buyers coming from older Winnipeg neighborhoods (where 1,500 sqft is generous) who want a suburban location without paying for a premium lot or a fully renovated property. The home likely offers good value per square foot relative to newer builds nearby.