31 Vanderbilt Drive – Property Summary
Key Characteristics & Appeal
This is a notably spacious home, even by the standards of its own neighbourhood. With a living area of 2,573 square feet, it ranks in the top 2% across Winnipeg and the top 2% within Whyte Ridge. On its own street, it places 5th out of 77 homes, putting it well above the local average of 2,055 square feet. The property was built in 1996, which makes it newer than roughly 80% of homes city-wide, though it is very much in line with the rest of Vanderbilt Drive and the broader Whyte Ridge area.
The assessed value sits at $661,000. While this is slightly below the average for its immediate street ($724,000), it is well above both the Whyte Ridge average ($530,000) and the city-wide average ($390,000), ranking in the top 5% for the neighbourhood and the city. The land size is 6,428 square feet—modest for the street but above average for the neighbourhood and the city as a whole.
The appeal here is subtle but clear: you are getting a home with significantly more interior space than most properties in the area, in a well-established neighbourhood of similar-era homes. It is not the largest lot on the block, nor the most expensive, but the interior square footage is unusually strong relative to its price point. This property would suit buyers who prioritise room to spread out over a sprawling yard, and who want the stability of a 1990s-built home in a consistent, family-oriented area like Whyte Ridge. It may also appeal to someone relocating from a larger city who is accustomed to paying more for comparable space.
Five Possible FAQs
1. How does this home compare to others on Vanderbilt Drive in terms of value?
The assessed value is slightly below the street average, while the living area is among the largest. This suggests you may be getting more square footage per dollar than most homes on the same street, though the lot is smaller than typical for the block.
2. Is a 1996 build considered old for this neighbourhood?
No. Most homes on Vanderbilt Drive were built around the same year, and Whyte Ridge as a whole averages 1994. City-wide, the average home was built in 1966, so this property is significantly newer than a typical Winnipeg home.
3. Why is the land size smaller than other homes on the street, but still ranked well city-wide?
Vanderbilt Drive has larger-than-average lots overall—about 7,833 square feet on average. This home’s lot is 6,428 square feet, which is below that street average but still above the Whyte Ridge average and the city average. So it is a fairly standard lot for the neighbourhood, just not for that particular street.
4. How reliable are the ranking and comparison data?
The rankings are based on assessor data for all properties within the same street, neighbourhood, and city. They offer a solid general picture of where this property stands, but individual preferences—like lot shape, layout, or finished basement space—are not captured in these figures.
5. What kind of buyer would find this property most appealing?
Someone who values generous indoor living space and a newer build over a large yard or “statement” street address. It is a strong fit for a family that needs room to grow, or a buyer who wants a home that is well above average in size without paying a premium for the biggest lot or highest valuation on the block.