204 Sigma Avenue – Property Summary
Key Characteristics & Buyer Profile
This home offers a combination of newer construction and a notably large lot. Built in 2005, it ranks as the newest home on Sigma Avenue and sits in the top 4% of Whyte Ridge for year built—meaning most surrounding homes are considerably older. The land area of 8,253 square feet is in the top 10% city-wide, and the top 12% within the neighborhood, giving it a yard size that stands out even among other newer builds in the area.
The living area is 1,372 square feet—slightly above average for the street and for Winnipeg as a whole, though below the Whyte Ridge neighborhood average. This suggests the home prioritizes outdoor space over interior square footage compared to some nearby properties. The assessed value of $552,000 places it in the top 12% city-wide and top quarter within Whyte Ridge, reflecting both the newer construction and larger lot.
Where the appeal lies: The property offers something you don't often see together: a relatively recent build on a generous lot. Many newer homes in this price range and neighborhood sit on smaller parcels. For buyers who want a house less than 20 years old but also want substantial outdoor space without moving farther out, this fills a specific gap.
Who it suits: Best suited for buyers who place a premium on a large, private yard and a newer structure, and who are comfortable with a living area that is modest by Whyte Ridge standards. It could appeal to families with children (or pets) who need room to play, or to someone planning future additions or landscaping projects. It may be less ideal for buyers whose primary need is maximum interior square footage for the price, or those looking for a strictly turnkey home in a neighborhood of similarly new builds.
Frequently Asked Questions
1. How does the living area compare to other homes on this street?
It's slightly above the street average of 1,306 square feet, ranking 8th out of 13 homes. So it's not the largest on the block, but it's not small for Sigma Avenue either.
2. Why is the assessed value higher than the neighborhood average?
The two main factors are the newer construction (2005 vs. a neighborhood average of 1994) and the large lot (8,253 sqft vs. 6,175 sqft average). Both add value that the assessment captures, even though the living area is below the neighborhood average.
3. What does "Top 62%" mean for street-level living area?
It means the home's living area is larger than 62% of comparable homes on Sigma Avenue, putting it in the middle-to-upper portion of that street—not exceptional, but above average.
4. Is this lot size rare for a home built after 2000 in Whyte Ridge?
Yes. Most Whyte Ridge homes from that era sit on lots averaging around 5,500–6,500 square feet. This property's 8,253 square feet is in the top 12% of the entire neighborhood, regardless of age, so it's a noticeable outlier for a newer home.
5. How reliable are the ranking and average figures?
They are based on comparable home data within the same street, neighborhood (Whyte Ridge), and city-wide (Winnipeg). The "avg" figure is a rough median benchmark for similar properties in each scope. Rankings are straightforward: larger lots, newer builds, higher values, and larger living areas are ranked better.