39 Caldwell Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1,938 sqft home, built in 1999, sits on a 5,733 sqft lot in Whyte Ridge, Winnipeg. Its standout feature is the year built: it’s the newest home on Caldwell Crescent (ranked #1 out of 27 on the street) and significantly newer than the citywide average of 1966. The living area is above average at the neighbourhood and city levels, ranking in the top 12% citywide. The assessed value of $570,000 is similarly strong—top 10% across Winnipeg—reflecting both the home’s size and relative newness.
The appeal lies in a combination that’s not always easy to find: a newer, spacious house in a well-established suburban neighbourhood. The land area, however, is slightly below the street average (5,733 sqft vs. 6,227 sqft), which is worth noting if lot size is a priority. This home would suit buyers who value move-in-ready condition, modern construction, and generous interior space over a large yard. It’s a practical fit for families or professionals looking for a low-maintenance property in a neighbourhood with solid resale value—without paying a premium for an oversized lot they might not need.
Five Possible FAQs
1. How does this home’s value compare to others in Whyte Ridge?
It’s above average. The assessed value ranks in the top 18% of the neighbourhood, and the living area is larger than most nearby homes. The combination of newer construction and above-average square footage drives the value higher than typical Whyte Ridge properties.
2. Is the lot size a drawback?
Not necessarily. While the lot is smaller than the street average, it’s typical for the neighbourhood and city overall (top 38% and 45% respectively). For buyers who prefer less yard maintenance, this can actually be a benefit. If you want a large garden or space for additions, it’s worth noting.
3. Why is the assessed value so much higher than the citywide average?
Because the home is newer and larger than most Winnipeg properties. The citywide average assessed value is $390,100—but that includes many older, smaller homes. This property’s $570,000 reflects its above-average living area and its 1999 construction, which is recent by local standards.
4. How does the year built affect insurance or maintenance?
Homes built in 1999 are generally in a sweet spot: modern enough to have contemporary building codes and materials (e.g., updated electrical, plumbing, insulation), but old enough that any initial settlement issues are long past. Insurance rates tend to be lower than for older homes, and major systems like the roof and furnace may still have useful life left—but a home inspection is always recommended.
5. How does this property compare to others on Caldwell Crescent?
It’s the newest home on the street (ranked #1) and has an above-average living area. However, its assessed value is around the street average (ranked #16 of 27), suggesting that other homes on the street may have larger lots or other premium features. It’s a strong performer, but not the highest-value property on the block.