18 Harradence Close – Property Summary
Key Characteristics & Who It Suits
This 1,646 sqft home in Whyte Ridge, built in 1989, sits on a 5,698 sqft lot. Its assessed value is $487,000.
The property’s real strength is citywide, not local. Compared to the rest of Winnipeg, it ranks in the top 23% for living area and top 22% for assessed value. That means you’re getting a home that’s noticeably larger and more valuable than a typical city property, without the price tag of a newer, more expensive neighbourhood.
On its own street and within Whyte Ridge, the numbers are more average. Lot size, living area, and value all sit close to the street and neighbourhood medians. The home isn’t the standout on the block—it fits in. The year built (1989) is actually among the older homes on Harradence Close (top 29% for age), but still newer than the city average of 1966.
The appeal here is balance. You get above-average space and value citywide, but you’re not paying a premium for the newest or largest house in a trendy pocket. The land is modest by suburban standards, which keeps the yard manageable.
This would suit a buyer who wants a solid, well-proportioned home in an established Winnipeg neighbourhood, without chasing the top of the market. It’s a good fit for someone who values interior space over a huge lot, and who wants a house that’s comparable to its neighbours rather than standing out—which can help with resale consistency. It may be less suitable for someone wanting a newer build, a large yard, or a home that’s clearly above the local average in size or value.
Frequently Asked Questions
1. How does this home compare to others on Harradence Close?
It’s very much in the middle of the pack. It ranks 5th out of 14 for living area, 9th for assessed value, and 8th for lot size. The street average for living area is 1,602 sqft, and the average assessed value is $495,200—so this home is slightly above average in size and just below average in value compared to its immediate neighbours.
2. Is the 1989 build a concern for maintenance?
Not necessarily, but it’s worth noting. Most homes in Whyte Ridge were built in the mid-1990s (neighbourhood average is 1994), so this one is a bit older than its immediate surroundings. Citywide, however, the average home was built in 1966, so 1989 is relatively modern. Key systems (roof, furnace, windows) would be nearing or past the 30-year mark, so it’s smart to check their condition rather than assuming they’ve been updated.
3. Why is the assessed value lower than the neighbourhood average?
The average assessed value in Whyte Ridge for comparable homes is $529,600, while this home is at $487,000. That gap likely reflects the smaller lot size (5,698 sqft vs. the neighbourhood average of 6,175 sqft) and the slightly older build. The home’s value is still well above the citywide average of $390,100, so it’s not a low-value property—it’s just not as high as the newer, larger homes in the same area.
4. How does the lot size affect usability?
The lot is on the smaller side for a suburban Winnipeg home. The citywide average lot is 6,570 sqft, and the neighbourhood average is 6,175 sqft. At 5,698 sqft, you’ve got less yard to maintain—which can be a plus if you don’t want a big garden or a lot of snow clearing. It also tends to mean less space for additions or a large garage, so check if the current layout works long-term.
5. What does “Top 23% citywide” actually mean for resale value?
It means this home is in the upper quarter of all Winnipeg homes by both living area and assessed value. That positions it well for resale, because it’s larger and more valuable than most city properties, but not so far above the median that it appeals only to a narrow buyer pool. In a slow market, homes in the top 20-30% often hold value better than the extremes at either end.