2 Westmoreland Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1,180-square-foot home built in 1989 on a 5,548-square-foot lot in Whyte Ridge, Winnipeg. Its appeal lies in a mix of strengths and trade-offs. The lot size is notably above average for the immediate street (ranked 3rd out of 18), and the home is one of the newer builds on that block. However, the living area and assessed value are both below the street and neighborhood averages, while the citywide assessed value sits above average—suggesting the property holds its ground relative to older homes citywide but is modest compared to its own area.
The assessed value of $481,000 is below the Whyte Ridge average ($529,600), which could appeal to buyers looking for a more affordable entry into a desirable neighborhood. The relatively generous lot (5,548 sqft) stands out, especially for those who prioritize outdoor space over interior square footage. A less obvious point: the home’s 1989 build year puts it in a sweet spot—newer than most Winnipeg homes (city average is 1966), but not so new that it carries a premium for “recent build” status. This may suit buyers who want modern-ish construction without paying top dollar.
Best suited for: First-time buyers or down-sizers who value a solid lot size and a quiet street in an established area, and who are comfortable with a living area slightly smaller than the neighborhood norm. Also a good fit for investors looking for below-median entry pricing in Whyte Ridge with potential for value-add.
Frequently Asked Questions
1. How does the living area compare to other homes in Whyte Ridge?
At 1,180 sqft, it’s below the neighborhood average of 1,666 sqft, ranking in the bottom 4% locally. Citywide, it’s right around the median for comparable homes (1,342 sqft). So it’s modest for the area but fairly typical for the broader city.
2. Is the assessed value of $481,000 a good deal?
It’s below the neighborhood average of $529,600 and the street average of $495,100, but above the citywide average of $390,100. That means you’re paying less than most nearby homes, but still above typical Winnipeg values—likely due to the neighborhood’s desirability and the larger lot.
3. What’s the lot like compared to others on the street?
The lot is 5,548 sqft, ranking 3rd out of 18 homes on Westmoreland Road—well above the street average of 5,320 sqft. In the broader neighborhood, it’s about average (50th percentile), so you’re getting a notably large lot for the immediate block.
4. How old is the property and is that considered old for the area?
Built in 1989, it’s one of the newer homes on its street (ranked 3rd out of 18) but slightly older than the Whyte Ridge average (1994). Citywide, it’s much newer than average (1966). So it’s not new, but it’s not dated by local standards.
5. Why is the living area above average citywide but below average in the neighborhood?
Whyte Ridge homes tend to be larger than average for Winnipeg—the neighborhood average is 1,666 sqft versus the city median of 1,342 sqft. This property is more compact than its neighbors, but still hits near the middle of the pack when compared across all homes citywide.