36 Hallmark Point – Property Summary
Key Characteristics & Buyer Profile
This 1,933-square-foot home in Whyte Ridge was built in 1986 and sits on a 4,945-square-foot lot. Its standout feature is living space: it’s the largest home on its street (ranked #1 out of 11) and places in the top 13% citywide for living area, well above Winnipeg’s average of 1,342 square feet. The assessed value of $541,000 also leads the street and sits comfortably above the citywide median for comparable homes.
Where the property trades off is land. At just under 5,000 square feet, the lot is the smallest on the street and below the Whyte Ridge average. This isn’t unusual for an older infill-style home in a mature neighbourhood—it means less yard maintenance but also less privacy from neighbours.
The house was built in 1986, which is typical for the street but older than much of the surrounding area. Buyers should note that Whyte Ridge’s average home was built in 1994, so this property may require more updates than newer builds nearby. However, its citywide ranking (top 27%) suggests it’s still newer than a large portion of Winnipeg’s housing stock.
Who it suits: Buyers who prioritize interior square footage over outdoor space. Families who want room to spread out inside, or anyone looking for a solid, non-pandemic-era build in an established neighbourhood with good citywide value. Less suited to those wanting a big yard, a newer home, or a quieter lot with more buffer from neighbours.
Five Frequently Asked Questions
1. How does the smaller lot affect resale value?
Smaller lots in Whyte Ridge are common for older homes, and the property’s assessed value remains strong relative to the area. However, buyers who place a premium on yard space may discount the property slightly. The flip side: lower maintenance and potentially lower property taxes than larger-lot neighbours.
2. Are there any known issues with a 1986 build?
Homes from the mid-1980s in Winnipeg can have original windows, roofing, or mechanical systems that may need updating. Polybutylene plumbing was used in some homes of this era and is worth checking. The property’s citywide age ranking is good, but a thorough home inspection is recommended to see what’s original versus replaced.
3. How does Whyte Ridge compare to surrounding neighbourhoods?
Whyte Ridge is considered a stable, family-oriented area with good schools and access to amenities. Its average home value is above the city median but not in the highest tier. This property’s assessed value sits above the neighbourhood average, which reflects its larger-than-typical living area rather than luxury finishes or land size.
4. What does “ranked #1 on the street” actually mean for value?
It means this home is the most expensive and largest on Hallmark Point, which can be a double-edged sword. It sets the ceiling for the street, so appreciation may lag if the rest of the street doesn’t keep up. On the other hand, it also means there’s no direct comp above it—potential for strong resale if the market trends upward.
5. Is the assessed value realistic compared to recent sales?
Assessed values in Winnipeg tend to lag behind market conditions by a year or more. At $541,000, this property is assessed above the neighbourhood average but below the top tier citywide. A local real estate agent can provide recent sale comparisons, but the data suggests it’s in a reasonable range for a home of this size in Whyte Ridge.