3 Beacon Hill Place – Property Summary
Key Characteristics & Buyer Profile
This 1998-built home in Whyte Ridge sits on a 5,732 sqft lot with 1,471 sqft of living space and an assessed value of $511,000. What stands out most is the contrast between its street-level ranking and its broader positioning. On Beacon Hill Place itself, the property is the smallest in both living area and assessed value—ranking last among 17 homes. But zoom out to the neighborhood and city levels, and the picture shifts: it’s roughly average for Whyte Ridge and well above average citywide, especially for its age. The home is newer than most in Winnipeg (top 18% citywide), and its assessed value outpaces 82% of comparable homes across the city.
The appeal here is subtle. You’re getting a home that’s modest relative to its immediate neighbours—which often means less curb appeal or prestige on the street—but solid and competitive within the wider market. That dynamic might suit a buyer who values a newer build and doesn’t need the biggest house on the block, or someone who sees potential in a property that’s undervalued relative to its direct neighbours. It could also appeal to someone who wants a foothold in an established neighbourhood like Whyte Ridge without paying a premium for street-level bragging rights. This isn’t a home that shouts; it’s one that quietly holds its own.
Five Possible FAQs
1. How does this home’s size compare to others nearby?
On Beacon Hill Place, it’s the smallest home—about 500 sqft below the street average. But in the broader Whyte Ridge area, it’s close to typical, and citywide it’s slightly above the median for comparable homes.
2. Is the assessed value a good sign for resale?
It depends on context. The assessment ($511k) is below the street average ($580k) but above the neighborhood average ($530k) and well above citywide median ($390k). That suggests the home is priced competitively for the area but isn’t an outlier on either end.
3. Why is the lot considered “below average” on this street?
The land area (5,732 sqft) is smaller than most lots on Beacon Hill Place, where the average is over 7,000 sqft. That’s typical for newer infill or slightly denser sections of a street. It’s still a decent-sized lot for Winnipeg overall.
4. How does the 1998 build year compare to other homes?
It’s among the newest homes on the street (ranked #1 out of 17), newer than most in Whyte Ridge, and significantly newer than the citywide average of 1966. That means you’re getting modern construction standards and likely fewer major renovation needs than many older homes.
5. Who would this home not suit?
Buyers looking for the largest or most prominent home on a quiet, established street might feel underwhelmed. Also, if keeping up with neighbours in terms of size or yard space matters, this property may not deliver. It’s a better fit for someone focused on overall value, newer construction, or neighbourhood access rather than street-level status.