27 Caldwell Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1997 home in Winnipeg’s Whyte Ridge neighbourhood with 2,097 sqft of living space on a 9,475 sqft lot. Its assessed value is $610,000.
What stands out most is the land. It ranks #1 on its street (top 4%) and #182 out of 2,382 homes in the area. At nearly 9,500 sqft, it offers noticeably more outdoor space than most nearby properties—this is where the home’s strongest advantage lies, not just in square footage but in privacy and potential for landscaping, extensions, or outdoor living.
The living area and assessed value are also well above average. The home ranks in the top 10–15% across street, neighbourhood, and city levels. The year built is slightly older than the street average (1997 vs 1998), but still newer than most homes in Whyte Ridge and far newer than the citywide median of 1966. The structure itself is solidly in the modern era.
This property would suit buyers who value outdoor space over interior updates. If you want a large, established lot in a mature suburban area and are less concerned with the latest kitchen finishes or a brand-new build, this home offers a rare combination of size and location. It’s also a strong candidate for someone who plans to renovate or expand, given the extra land. Families who want room for kids to play, gardeners, or anyone looking for a home with room to breathe without leaving the city will find this appealing. Investors or long-term owners should note that land tends to hold value better than structures over time, and this lot is already at the top end of its street.
Five Possible FAQs
1. How does the assessed value compare to similar homes in Whyte Ridge?
It’s above average. The home ranks 201 out of 2,382 properties in the area (top 8%), with a value of $610,000 versus the neighborhood average of $529,600. On its own street, it’s second highest out of 27 homes.
2. Is the house newer or older than most in the area?
Slightly older than the street average (1997 vs 1998), but newer than the neighborhood average (1994) and significantly newer than the citywide median (1966). It’s a late-90s build, which is a common and well-understood era in Winnipeg.
3. What’s the actual benefit of a 9,475 sqft lot in an established neighbourhood?
Beyond the obvious extra yard space, a lot this size in a top-ranked street means more room for decks, gardens, sheds, or a future addition. It also provides greater separation from neighbours, which is uncommon in newer infill developments. Larger lots in mature areas often resell well because they’re harder to find.
4. How does the living space compare to other homes on Caldwell Crescent?
It’s slightly above average—2,097 sqft vs the street average of 1,956 sqft—ranking 10th out of 27. So it’s not the biggest house on the block, but the living area is still in the top third of the street, and the lot is the largest.
5. Would this property work for someone planning to build or add on later?
Yes. The land area is the standout feature. With nearly 9,500 sqft, you have room to work with, assuming zoning allows. Many buyers overlook lot size when looking at finished homes, but this is a property where the land holds significant value long-term, especially in a neighbourhood where lots under 6,000 sqft are the norm.