26 Ivy Lea Court – Property Summary
Key Characteristics & Buyer Profile
This home stands out most for its land. At 12,066 square feet, the lot is the largest on its street, ranks in the top 2% within the Whyte Ridge neighbourhood, and sits in the top 4% citywide. The living area is also notably generous at 2,266 square feet—again the largest on the street and within the top 5% across Winnipeg. Built in 2000, the home is newer than most in the area and the city at large, though it lines up closely with the average age of other homes on Ivy Lea Court. The assessed value of $610,000 reflects this combination of size and recency, placing it among the top 7% citywide.
The appeal lies in practical space rather than flash. For a buyer who wants a large, private lot in an established suburban neighbourhood without the maintenance burden of an older home, this property offers a rare balance. The lot size alone would be difficult to find on a comparable newer build elsewhere in the city. It suits families looking for room to expand, gardeners, or anyone who values outdoor space as much as indoor square footage. It may also appeal to buyers who plan to hold long-term, given that large lots in well-ranked school catchment areas tend to retain demand.
Frequently Asked Questions
1. How does the lot size compare to other homes in Whyte Ridge?
The lot is more than double the average size for the neighbourhood (6,175 sqft) and ranks in the top 2%. It’s also the largest lot on Ivy Lea Court, where the average is just under 6,700 square feet.
2. Is the assessed value in line with the home’s actual market value?
Assessed value is a baseline used for property taxes, not a direct market estimate. That said, a home ranking in the top 8% for assessed value within its neighbourhood—combined with top-tier lot and living area rankings—typically indicates strong underlying value relative to peers.
3. How old is the home, and has it been updated?
The home was built in 2000, which makes it roughly 25 years old at the time of this listing. No update history is provided here, so a buyer should confirm whether major systems (roof, HVAC, windows) have been replaced or are original.
4. What kind of neighbourhood is Whyte Ridge?
Whyte Ridge is a well-established suburban area in southwest Winnipeg, known for its mature trees, larger lots, and family-oriented atmosphere. It has its own shopping centre and is close to several schools and parks. The home’s rankings suggest it’s one of the stronger properties in the area by size and value.
5. What does the “rank by land area” and similar metrics actually mean?
These rankings compare the property against other single-family homes within the same street, neighbourhood, and city. A higher rank means the home outperforms most of its peers in that category. For example, a top 2% neighbourhood rank for land area means only 2% of comparable homes in Whyte Ridge have a larger lot.