20 Vanderbilt Drive – Property Summary
Key Characteristics & Buyer Profile
This is a 1994 home in Whyte Ridge, Winnipeg, with 1,888 sqft of living space on a 9,739 sqft lot. Its assessed value is $917,000.
The property stands out for its land and value positioning. The lot is well above average for the street (top 19%), neighbourhood (top 7%), and city (top 7%). The assessed value is elite—top 1% at both the neighbourhood and city levels—which reflects a combination of size, location, and likely updates or finishes that push it ahead of similar homes nearby. Living area is above average but not exceptional; it's roughly in the middle of the pack on the street but stronger when compared to the wider city.
The appeal here is less about sheer square footage and more about the package: a large, private lot in an established neighbourhood, with a value that signals a well-maintained or upgraded property. It’s not a showcase home for someone chasing maximum interior space, but it would suit a buyer who wants room outdoors, a strong resale position, and a home that already ranks highly in its market. A family looking for yard space in a mature area, or someone trading up from a smaller Winnipeg home, would find this property compelling. The 1994 build date also means it's newer than most homes city-wide, but not unusually so for the neighbourhood—offering a balance of modern construction without being part of a newer subdivision.
Frequently Asked Questions
1. How does the assessed value compare to similar homes in the area?
It's well above average. On the street, it ranks 9th out of 77 (top 12%). In the Whyte Ridge neighbourhood, it's 26th out of 2,382 (top 1%), and city-wide it's in the top 1% of nearly 195,000 comparable homes. The average assessed value in the neighbourhood is around $530,000, so this property is significantly higher.
2. Is the lot size unusual for Whyte Ridge?
Yes, it's above average. The lot is 9,739 sqft, ranking 7th in the neighbourhood and 7th city-wide. Most homes in the area sit on lots around 6,175 sqft, so this gives notably more outdoor space.
3. What does "Top 14%" for living area actually mean city-wide?
It means this home has more living space than 86% of comparable homes across Winnipeg. The city-wide average for similar properties is 1,342 sqft, and this home is about 550 sqft larger. However, on its own street, it's closer to the average—so the living area is spacious for the city but typical for the immediate neighbourhood.
4. How old is the house, and is that a concern?
Built in 1994, so roughly 30 years old. That's newer than the city-wide average (1966) and around the median for Whyte Ridge (1994). Major systems like roofing, HVAC, and windows may be original or nearing replacement age, but the year built also means construction standards (insulation, wiring, foundation) are modern. A home inspection would clarify the condition of those systems.
5. What type of buyer typically looks at a property with this ranking profile?
Often someone who values a strong lot and solid resale potential over maximum interior square footage. It also appeals to buyers who want a home that already holds top-tier assessed value in its area—suggesting it's been well cared for or upgraded. Families seeking a yard in a mature, stable neighbourhood are a natural fit.