15 Hammersmith Road – Property Summary

Key Characteristics & Buyer Profile

This 1987-built detached home in Whyte Ridge offers 1,645 sq ft of living space on a 5,634 sq ft lot, with an assessed value of $483,000. The property ranks well above average within its immediate street for living space (3rd out of 36 homes, top 8%), and holds a strong position citywide in both size and assessed value (top 23% across Winnipeg in both categories). However, within the broader Whyte Ridge neighbourhood, it sits closer to the middle: living space is near average, lot size is typical, and the assessed value is slightly below the neighbourhood median of $530,000.

What makes this property appealing is its balance. It is not the largest or most expensive home on the street, but it stands out for usable square footage relative to its price point—particularly when compared to newer, pricier homes in the area. The lot size is moderate, not oversized, which may appeal to buyers who want outdoor space without the upkeep of a large yard. The 1987 build year is older than the Whyte Ridge average (1994), but newer than the citywide average (1966), placing it in a practical middle ground: solid construction without the premium attached to recent builds.

This property would suit buyers looking for a well-sized family home in an established neighbourhood, particularly those who prioritize interior space over lot size or a brand-new finish. It may also appeal to value-conscious buyers who see the assessed value gap versus the neighbourhood average as an opportunity. The strong street-level ranking suggests the immediate surroundings are desirable, which can matter for resale.

Frequently Asked Questions

1. How does the living space compare to other homes in Whyte Ridge?
It is close to average. The neighbourhood median is roughly 1,666 sq ft, and this home is 1,645 sq ft. Within its own street, however, it is among the larger homes—ranking 3rd out of 36, well above the street average of 1,336 sq ft.

2. Why is the assessed value lower than the neighbourhood average?
The property was built in 1987, while the typical Whyte Ridge home was built around 1994. Newer homes often carry higher assessments due to updated construction and finishes. The lot is also slightly smaller than the neighbourhood average, which contributes to the lower assessed value.

3. Is the lot size small for the area?
It is typical for both the street and neighbourhood. The lot is 5,634 sq ft, compared to the street average of 5,826 sq ft and the neighbourhood average of 6,175 sq ft. It is not undersized, but it is not large either. Citywide, it falls in the middle range.

4. How does this property compare to similar homes citywide?
It performs well. The living space ranks in the top 23% across Winnipeg, and the assessed value also sits in the top 23%. That suggests the home offers above-average size and value compared to the full range of single-family homes in the city.

5. What should a buyer look out for with a 1987 home?
While 1987 is not exceptionally old, systems like the roof, windows, furnace, and foundation will be around 35+ years old. Buyers should check whether major updates have been done. The home is older than the surrounding neighbourhood average, so it may not have the same level of modern finishes as nearby newer builds, but that can also mean a more reasonable asking price.