2 Eglinton Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1987-built home in Winnipeg’s Whyte Ridge neighbourhood with 1,782 square feet of living space on a notably large 6,845-square-foot lot. What sets it apart is the land: it ranks in the top 5% on its street and top 18% city-wide for lot size, which is uncommon for a home of this era in this area. The living area is also above average—top 30% on the street and top 18% city-wide—giving it more interior space than many comparable homes.
Its assessed value sits at $494,000, which is roughly average for Eglinton Crescent and slightly below the Whyte Ridge neighbourhood average of $529,600. This gap suggests the property may be priced more in line with its street than its broader neighbourhood, potentially offering relative value for a larger lot.
The home’s appeal lies in the combination of a generous footprint (both inside and out) on a street where most homes are of similar vintage—but where this property’s lot is among the largest. It would suit buyers who prioritize outdoor space, garden potential, or future expansion possibilities, and who are comfortable with an established home from the late 1980s rather than a newer build. It may also appeal to those who see value in a property that ranks well city-wide but hasn’t yet caught up to the higher assessments seen elsewhere in Whyte Ridge.
Frequently Asked Questions
1. How does the year built compare to other homes nearby?
This home was built in 1987. On its street, that’s one of the earlier construction years (top 5%), but within the wider Whyte Ridge neighbourhood, the average home is newer (1994). City-wide, it’s newer than the average (1966). So while it’s an older home on its block, it’s relatively modern compared to much of Winnipeg.
2. Is the assessed value below market value?
Assessed value ($494,000) is a government estimate for tax purposes, not a market price. It sits below the neighbourhood average ($529,600) but right around the street average ($500,600). Whether it’s below market depends on recent sales of comparable homes. The large lot and above-average living area could support a higher price, but the assessment alone doesn’t confirm that.
3. What does “ranking by living area” actually mean?
It compares the home’s 1,782 square feet to similar properties in three scopes: street, neighbourhood, and city. A rank of #11 out of 37 on the street means 10 homes are larger and 26 are smaller. The “top 30%” just means it’s larger than about 70% of comparable homes on that street. The city-wide rank (top 18%) indicates this is a genuinely spacious home by Winnipeg standards.
4. How does the land area affect usability?
At 6,845 square feet, the lot is roughly 16% larger than the street average and 4% larger than the city-wide average for comparable homes. That extra space could mean a larger backyard, room for a garage addition, or simply more privacy from neighbours. It’s not an oversized estate lot, but it’s noticeably bigger than what’s typical for this street and area.
5. Why does the property rank “elite” on the street but only “above average” city-wide for land?
On Eglinton Crescent, most lots are around 5,905 square feet, so this one stands out significantly—hence top 5%. City-wide, however, the average comparable lot is 6,570 square feet, so this home is above average but not exceptional. The street ranking highlights its local rarity; the city ranking gives a more tempered perspective.