275 Columbia Drive – Property Summary
Key Characteristics & Who It’s For
This is a 1,240-square-foot home built in 1987 on a 5,980-square-foot lot in Whyte Ridge. Compared to other homes on Columbia Drive, the living space and assessed value are below average, and the house is slightly older than the neighbourhood typical. The lot size is about average for the street.
Where the property stands out is at the citywide level. The assessed value ($464,000) is well above the Winnipeg average for comparable homes ($390,100), and the year built (1987) is newer than the citywide average (1966). So while it’s not oversized or flashy by local standards, it sits in a part of the city where older, smaller homes are more common.
This would suit a buyer who wants a solid, established house in a mature neighbourhood like Whyte Ridge—someone who values a decent lot and a central location over maximum square footage or the newest finishes. It may also appeal to buyers looking for a property that tracks above the city baseline in value and age, which can be a useful anchor for long-term stability. A less obvious angle: properties that are below average on the street but above average citywide often hold their value better during market swings, since they’re neither the most expensive nor the cheapest in their immediate area.
Five Possible FAQs
1. How does the lot size compare to other homes nearby?
The lot is 5,980 square feet, which is slightly smaller than the Columbia Drive average (6,188 sq ft) and the Whyte Ridge average (6,175 sq ft). It’s also a bit below the citywide average (6,570 sq ft). So it’s an average-sized lot for Winnipeg overall, but on the smaller side for this specific street and neighbourhood.
2. Is the assessed value high or low for the area?
On Columbia Drive and in Whyte Ridge, the assessed value is below average—ranked in the bottom 12% on the street and bottom 12% in the neighbourhood. But across all of Winnipeg, it’s above average (top 26%). This means the home is valued more relative to the city than to its immediate neighbours.
3. How old is the house, and is that typical for Whyte Ridge?
The home was built in 1987. That’s around average for Columbia Drive (average year built is 1988) but older than the Whyte Ridge average (1994). Citywide, it’s newer than average (1966). So the house is mid-aged for the street, but on the older side for the neighbourhood.
4. What’s the living space like compared to other homes?
At 1,240 square feet, it’s below the Columbia Drive average (1,615 sq ft) and the Whyte Ridge average (1,666 sq ft). Citywide, it’s close to average (1,342 sq ft). So the home is compact for its street and neighbourhood, but fairly typical for Winnipeg as a whole.
5. Should I expect any major updates or maintenance given the age?
The house is 37 years old as of 2024. Homes from the late 1980s in Winnipeg often have original mechanical systems (furnace, water heater) and roofing that may be due for replacement if not already done. The lot and location are solid, but a pre-purchase inspection focused on the age of major systems would be wise—especially since the assessed value is below the neighbourhood average, which can sometimes reflect deferred updates.