Property Summary: 31 Cloverwood Road
Key Characteristics & Buyer Profile
This 2001-built home offers roughly 1,269 square feet of living space on a 4,394-square-foot lot. On its own street, it sits very close to the average for both size and age—square footage ranks 25th out of 52 homes, and the build year is right on the neighbourhood median. Where it stands out is citywide value: the assessed tax value of $443,000 lands in the top 30% across Winnipeg, even though it’s below the average for both its street and the wider Whyte Ridge community. That means you’re getting a home that’s priced more competitively within its immediate area than many comparable properties across the city. The lot is slightly larger than others on Cloverwood Road, though it’s smaller than typical for Whyte Ridge or Winnipeg overall.
This property suits buyers who want a newer, well-sized home in a solid suburban neighbourhood without paying a premium for the biggest yard or the highest local assessment. It’s a practical choice for someone who values a modern build (the home is newer than 83% of Winnipeg properties) and a reasonable tax bill relative to city averages, but is less concerned with having the largest lot in the community. First-time buyers or downsizers who want a manageable space with good citywide value should take a close look—especially if they’d rather not compete for the most expensive home on the block.
Possible FAQs
1. Why is the assessed value lower than the neighbourhood average but higher than the city average?
The Whyte Ridge area generally has higher property values than many parts of Winnipeg, so this home’s assessment is below the local norm. Citywide, however, it’s above average because it’s a newer build in a desirable suburb—many older Winnipeg homes have much lower assessments.
2. The lot is listed at 4,394 sq. ft.—is that considered small for Whyte Ridge?
Yes. The average lot size in Whyte Ridge is about 6,175 sq. ft., so this one is roughly 30% smaller. That said, it’s actually slightly above average for Cloverwood Road itself, where lots tend to be more compact. If you’re looking for a yard that’s easy to maintain, this could be a plus.
3. How does the 1,269 sq. ft. layout compare to other homes in the area?
It’s very close to the street average (1,381 sq. ft.), so it’s a typical size for Cloverwood Road. Within Whyte Ridge, it’s on the smaller side—many homes there exceed 1,600 sq. ft. Buyers who don’t need extra space may appreciate not paying for square footage they won’t use.
4. Is a 2001 build considered “new” in this market?
Relatively speaking, yes. The median build year in Winnipeg is 1966, and in Whyte Ridge it’s 1994. This home is newer than about 83% of city properties, so you’re getting modern construction standards, materials, and likely better energy efficiency than many older homes.
5. What type of maintenance or updates might be expected for a home built in 2001?
At roughly 25 years old, major systems like the roof, furnace, and windows may still have some life left, but it’s worth checking their condition and installation dates. Typically, homes of this era don’t require immediate major renovations, but cosmetic updates (kitchen, bathrooms, flooring) could be a consideration depending on the previous owner’s care. A home inspection will clarify the specifics.