198 Vineland Crescent – Property Summary
Key Characteristics & Ideal Buyer Profile
This home offers a balanced combination of newer construction, above-average living space, and solid assessed value relative to its surroundings. Built in 2001, it ranks #1 on its street for year built, meaning it’s the newest home on Vineland Crescent. Living area is 1,838 square feet, placing it in the top 16% citywide—a meaningful step up from Winnipeg’s typical comparable home size of 1,342 square feet. The assessed value of $542,000 sits above street and neighborhood averages, and ranks in the top 14% across the city, reflecting strong relative value. Land area is average: 5,344 square feet, which is on par with neighboring properties but slightly below the Whyte Ridge and citywide averages.
Where this property stands out is in its combination of newer construction and generous square footage, without commanding the highest price on the street. It’s not the largest lot—so if acreage is a priority, this isn’t it—but for someone who wants a well-built, relatively recent home in a stable neighborhood, with room to breathe inside, it fits a specific sweet spot. The home suits buyers who prioritize interior livability and energy efficiency (2001 construction is generally well-insulated compared to older Winnipeg stock) over sprawling grounds. It would also appeal to those who want proof that the home outperforms its peers in measurable ways, rather than just marketing claims.
Five Frequently Asked Questions
1. How does this home compare to others on Vineland Crescent specifically?
It’s the newest home on the street (ranked #1 of 111 for year built) and is above average in size and assessed value. Lot size is essentially middle-of-the-pack, so you’re not losing yard space compared to neighbors, but you’re not gaining much either.
2. Is the assessed value of $542,000 realistic for resale?
Assessed value is used for property tax calculations and tends to lag market conditions, but since it ranks above street and neighborhood averages, it suggests the home is positioned competitively. Comparable homes in Whyte Ridge average $529,600 in assessed value, so this one sits a bit higher—usually a sign of updated features or a desirable floor plan.
3. How does the living area compare to what’s typical in Winnipeg?
Well above average. At 1,838 square feet, it’s about 500 square feet larger than the typical comparable home citywide (1,342 sqft). That extra space is noticeable in daily use and also helps with resale appeal to families.
4. Why is the land area only average when the house is large?
A larger home on a standard lot is common in newer subdivisions like Whyte Ridge. The house footprint may take up more of the lot, leaving a manageable yard. If you want a deep backyard for gardening or a large detached garage, you’d need a wider or deeper lot—typically found in older neighborhoods.
5. What does “Top 1%” for year built really mean here?
It means no other home on Vineland Crescent is newer than this one. While 2001 isn’t brand new, on a street where the average year built is 1998, this home is still the newest. That can translate to fewer deferred maintenance issues, better windows and insulation, and a more modern floor plan than neighbors built six or seven years earlier.