2 Apple Hill Road, Winnipeg
Property Overview
This 1987-built home in Whyte Ridge offers 1,929 square feet of living space on an 8,030-square-foot lot, with a current assessed value of $495,000.
Key Characteristics & Appeal
The property stands out most for its generous proportions. The living area ranks in the top 7% on the street and top 13% citywide, which is notably spacious for Winnipeg. The lot size is also a strong point—top 13% on the street and top 11% citywide—providing more outdoor space than most comparable homes. The assessed value sits right around the average for the street and neighbourhood, but well above the citywide average. That suggests you’re getting the extra space without a premium relative to similar homes in the immediate area.
The year built (1987) is slightly older than the Whyte Ridge neighbourhood average (1994), but newer than the citywide average (1966). This means the home is from a well-established era of construction, but may not have the same modern layouts or finishes as newer builds nearby.
Who It Suits
This property would work well for buyers who prioritize interior square footage and yard space over a brand-new home. It’s a practical fit for families or anyone who wants room to spread out without paying a neighbourhood premium. Because the assessed value is moderate relative to the space, it may also appeal to value-conscious buyers who are willing to update or personalize a home from the late 80s rather than paying for something turnkey.
Frequently Asked Questions
1. How does this property compare to others on Apple Hill Road specifically?
On its street, the home ranks in the top 7% for living area, top 13% for land area, and top 20% for year built. Its assessed value is right around the street average, meaning you get above-average space at a typical street price.
2. Is the assessed value of $495,000 a reliable indicator of market value?
Assessed value is a useful benchmark, but it’s not the same as market value. Assessments are based on broader trends and may lag behind current conditions. In a neighbourhood like Whyte Ridge, where average assessments are slightly higher ($529k), this property may be priced competitively, but a local real estate agent can give you a more current estimate.
3. Why is the neighbourhood average year built (1994) newer than this home (1987)?
Whyte Ridge has seen infill development and newer constructions over the years, which pulls the neighbourhood average higher. This home is from the earlier phase of the area’s development, which can mean more mature landscaping and larger lots, but also older systems and finishes.
4. How does the lot size actually affect daily use?
At 8,030 square feet, the lot is roughly 30% larger than the street average. That extra space could mean a bigger backyard for gardens, a play structure, or a future addition. It also typically means more maintenance, so it’s worth considering if you want low upkeep or have the time for yard work.
5. What should I look out for in a home from 1987?
Homes of this era often have original mechanical systems (furnace, hot water tank, roof) that may need updating. Windows and insulation standards were also different. A home inspection focused on these elements—plus any signs of settling or moisture—would be wise before making an offer.