19 Prospect Road, Whyte Ridge, Winnipeg
Section 1: Key Characteristics & Buyer Profile
This is a 1,853-square-foot home built in 1988 on a 6,509-square-foot lot. Its strongest feature is its lot size, which ranks above average within the Whyte Ridge neighborhood (top 26%) and citywide (top 22%). The living area is notably competitive at the city level, placing in the top 15% of comparable homes across Winnipeg. The assessed value of $528,000 is essentially on par with the neighborhood average of $529,600, suggesting the price is not inflated relative to nearby homes.
The appeal here is a solid, established home in a neighborhood where the lot offers more space than many newer infill properties. For a buyer looking at Whyte Ridge, this home isn't chasing the newest construction—it's a 1988 build in a neighborhood where the average home is from 1994. That places it slightly older locally, but still newer than the citywide average of 1966. This is a practical choice for someone who values outdoor space and a central, established location over a completely modern interior. It would suit a family or individual who is willing to update finishes over time rather than paying a premium for a recently renovated home.
Section 2: Five Possible FAQs
1. How does the assessed value compare to the street average, and what does that mean for taxes?
The assessed value is $528,000, which is slightly below the street average of $562,000 and essentially matches the neighborhood average. This places the home in a middle tier for property taxes within Whyte Ridge—neither unusually high nor low for the area.
2. The home was built in 1988 but the neighborhood average is 1994. Is that a concern?
It's not necessarily a concern, but it does mean this home is older than about 78% of the homes in Whyte Ridge. The flip side is it's still newer than the vast majority of homes across Winnipeg. Buyers should factor in typical age-related maintenance for a 1980s build—roof, mechanicals, windows—rather than assuming it will match the condition of a newer home.
3. How does the lot size compare to other properties nearby?
The lot is 6,509 square feet, which is slightly smaller than the street average of 6,979 square feet, but larger than the neighborhood average of 6,175 square feet. It ranks in the top 26% locally, meaning if outdoor space is a priority for you, this property offers more room than most of its immediate competition.
4. What does "ranked #20 out of 31 on the street" for living area actually mean?
It means there are 19 homes on Prospect Road that have more living space, and 11 that have less. The home is on the smaller side for its street, but the street itself has larger-than-average homes compared to the neighborhood and city. It's a trade-off: you get a smaller-than-average floor plan for the street, but with a lot that's competitive.
5. Is this a good option for a first-time buyer, or more suited to an experienced homeowner?
It leans more toward an experienced buyer or a family who is comfortable with a home that may need cosmetic updates. The price is in line with the neighborhood, but the lot is a standout asset. A first-time buyer on a tight budget might find the ongoing maintenance costs of a 1988 home a stretch, though the property is well-positioned for long-term value if they’re willing to invest in improvements gradually.