34 Eglinton Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1987 home with 1,074 sqft of living space on a 5,549 sqft lot in Winnipeg’s Whyte Ridge neighbourhood. Its assessed value is $433,000.
What stands out: The house is older than most of its immediate neighbours (built in 1987, while the Whyte Ridge average is 1994), but it’s newer than much of the city overall. The living area is small for the street and neighbourhood—ranked last on Eglinton Crescent and in the bottom 1% locally—but sits right around the citywide average. The land is on the smaller side for the street but roughly average for both the neighbourhood and city. Assessed value is below the street and neighbourhood average, but above the citywide average.
Appeal: The home offers a relatively modest footprint in a neighbourhood where larger, newer homes dominate. This could mean a more manageable size and lower property taxes compared to nearby properties. The lot is mid-sized for the area, not oversized but not cramped. The 1987 build is solid by city standards, and the assessed value suggests it’s priced below many comparable homes in Whyte Ridge, which may appeal to buyers looking for entry into a well-regarded neighbourhood without paying a premium for square footage or a newer build.
Who it suits: Buyers who want to live in Whyte Ridge but don’t need a large house or a big lot. First-time buyers, downsizers, or anyone prioritizing location over size. Also people who prefer an older home with more established character and landscaping, versus a newer infill. Not ideal for someone seeking maximum square footage or lot size relative to neighbours.
FAQs
1. How does the property compare to others on Eglinton Crescent?
It’s the smallest home on the street by living area and has one of the smaller lots. Its assessed value is also the lowest on the block. However, its year built is tied with the street average (1987), so it’s not unusually old for the immediate area.
2. Is the assessed value of $433,000 reasonable compared to the neighbourhood?
It’s well below the Whyte Ridge average of $529,600, which reflects the smaller size and lot. But it’s above the citywide average of $390,100, so you’re paying a premium for the neighbourhood, not the house itself.
3. How old is the house, and is that a concern?
Built in 1987, it’s older than 83% of homes in Whyte Ridge but newer than 75% of homes citywide. For Winnipeg, a 1987 build is mid-life—likely due for some updates depending on previous ownership, but not a fixer-upper by default. Major systems (roof, furnace, windows) may need attention if not already replaced.
4. How does the lot size work for this property?
At 5,549 sqft, it’s below the Eglinton Crescent average (5,905 sqft) but right around the middle for Whyte Ridge. Citywide, it’s slightly smaller than average. Fine for a standard yard and garden, not a sprawling lot.
5. Is this a good investment property or a starter home?
It leans toward starter home or downsizer. The below-average assessed value on a desirable street suggests room for value growth if the market in Whyte Ridge continues to appreciate. But the small living area limits its resale appeal to families who want more space, so it’s not a guaranteed flip. Best for someone who plans to stay a while.