19 Royal Oak Drive

19 Royal Oak Drive – Property Summary

Key Characteristics and Buyer Profile

This 1,210-square-foot home, built in 1998, sits on a 5,057-square-foot lot in Winnipeg’s Whyte Ridge neighbourhood. Its standout feature is the build year: it ranks first among 43 homes on Royal Oak Drive and in the top 2% street-wide, meaning it’s one of the newest properties in the immediate area. The assessed value of $469,000 is above average for both the street (top 26%) and the city as a whole (top 25%), though it sits below the Whyte Ridge neighbourhood average of $529,600. The living area and lot size are below the street and neighbourhood averages, but roughly in line with citywide medians.

The appeal here is less about space and more about relative newness and value positioning. Buyers get a home built nearly 30 years after many citywide comparables (the Winnipeg average build year is 1966), at a price that’s about $60,000 below the neighbourhood average. The lot is modest for the area, so someone looking for a large yard or expansion potential may want to look elsewhere. This property would suit buyers who prioritize a newer build, lower maintenance, and a solid assessed value within a well-established suburb—especially first-time homeowners or those downsizing from older, larger homes who still want a contemporary floor plan.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
On Royal Oak Drive, the $469,000 assessment is above the street average of $460,700 and ranks 11th out of 43 homes. But in the broader Whyte Ridge neighbourhood, it falls below the average of $529,600, ranking in the bottom 15%. Citywide, it’s in the top 25% of comparable homes. The property is priced competitively for its immediate street but is a relative bargain compared to the rest of the neighbourhood.

2. Is the living area or lot size a concern for resale?
Both are below the street and neighbourhood averages. The 1,210 sqft living area ranks in the bottom 19% on Royal Oak Drive, and the 5,057 sqft lot ranks in the bottom 21%. However, both are close to citywide medians, so they’re not unusual for Winnipeg as a whole. Future buyers looking for maximum square footage may be less interested, but the newer build year could offset that for many.

3. Why is the build year such a strong point?
The home was built in 1998, making it newer than 98% of homes on the same street and newer than roughly 82% of all comparable homes citywide. For context, the average Winnipeg home in this category was built in 1966. A newer build typically means updated systems, better insulation, and less immediate maintenance—a practical advantage that often holds value.

4. How does this home compare to others in Whyte Ridge overall?
It’s a mixed picture. The home is newer than most in the neighbourhood (top 26%), but smaller in both living area (bottom 29%) and lot size (bottom 29%). Its assessed value reflects that: well below the neighbourhood average. So it’s not a typical Whyte Ridge home in terms of size, but it offers entry into a desirable area at a lower price point and with a more recent construction date.

5. Who would this property not be a good fit for?
Buyers who need a large lot for gardening, expansion, or privacy may find it tight—the lot is 1,100 sqft smaller than the neighbourhood average. Similarly, anyone looking for a home with a big living area or multiple large bedrooms might feel constrained. It’s also less suited for someone seeking a fixer-upper or a property with older character, given the 1998 build is very much a modern, standard suburban layout.