152 Vanderbilt Drive – Property Summary
Key Characteristics & Buyer Profile
This 2,110 sqft home sits on a 7,351 sqft lot in Whyte Ridge, built in 1999. What stands out here is the size relative to the price. At the street level on Vanderbilt Drive, the home is around average for living area and land, but its assessed value ($563k) is noticeably below the street average of $723.6k. That gap suggests it may be one of the more modestly priced homes on the block, despite being newer than most (ranked 9th out of 77 for year built).
Zoom out to the neighbourhood and city, and the story flips. The home is well above average for living area (top 13% in Whyte Ridge, top 8% citywide) and land area (top 17% in the area, top 14% citywide). Its assessed value also ranks high relative to the rest of Winnipeg (top 11%). So you’re getting a newer, spacious house on a generous lot, in a neighbourhood where those features tend to come at a higher price tag—but on this particular street, the value proposition is unusually strong.
Who it suits: Buyers who want more square footage and yard space than the typical Winnipeg home offers, but aren't looking to pay a premium for a top-tier street address. It’s a good fit for someone who prioritizes interior space and lot size over curb appeal or street prestige. Families or those who entertain at home will appreciate the room. It may also appeal to a buyer who sees potential in a house that’s slightly undervalued relative to its immediate neighbours.
Five Frequently Asked Questions
1. Why is the assessed value below the street average when the house is newer and larger than many on the street?
Street averages can be skewed by a few very high-value homes. On Vanderbilt Drive, the average assessed value is $723.6k, but this property sits at $563k. That could reflect differences in finish quality, renovations, or simply that the street has a mix of older, well-updated homes and newer ones. It doesn’t necessarily mean the home is in poor condition—just that it’s priced differently from its immediate neighbours.
2. How does this property compare to other homes in Whyte Ridge overall?
Very favourably. In Whyte Ridge, this home ranks in the top 13% for living area, top 17% for land area, top 20% for assessed value, and top 22% for newness. It’s a standout within the neighbourhood across nearly every metric.
3. Is the land area considered large for Winnipeg?
Yes. The citywide average for comparable homes is 6,570 sqft, and this lot measures 7,351 sqft—putting it in the top 14% across the entire city. It’s above the neighbourhood average too (6,175 sqft), so you’re getting a notably bigger yard than most nearby properties.
4. What does “top 47% on the street” mean for living area?
It means the house is roughly middle-of-the-pack on Vanderbilt Drive itself—neither particularly large nor small by street standards. The appeal isn’t about being the biggest on the block; it’s about being larger than most homes in the wider area while still being affordable relative to the street.
5. Would this property be a good investment?
That depends on your goals. The assessed value is below the street average, which could indicate room for appreciation if the street continues to develop or if you make strategic improvements. The land size and newer build are solid fundamentals. However, because it’s already priced above the neighbourhood and city averages, immediate resale gains may be modest. It’s more of a long-term hold for someone who values space and livability now.