Property Summary: 43 Sheffield Road, Whyte Ridge
Key Characteristics & Buyer Profile
This home offers above-average living space relative to both its Whyte Ridge neighbourhood and the wider Winnipeg market. At 1,913 square feet, it ranks in the top 13% citywide for residential floor area. The property was built in 1995—consistent with the surrounding street and community, but significantly newer than the Winnipeg median home (1966). Its assessed value of $526,000 sits notably above the city average of $390,000, reflecting both the home's size and the relative desirability of the area.
The lot measures 5,276 square feet, which is slightly smaller than the street and neighbourhood averages (roughly 6,175 sq ft). While the lot is not oversized, it is in line with typical Whyte Ridge standards and does not stand out as a constraint.
The appeal here lies in usable interior space rather than land. For buyers who prioritize square footage over yard size, this property offers strong value relative to comparably sized homes in newer suburban developments. It suits families or individuals who want room to spread out without paying a premium for a large lot they may not need. The home also fits buyers seeking an established, mid-1990s neighbourhood with consistent build quality and mature infrastructure, rather than a newer subdivision with smaller lots and tighter spacing.
Five Possible FAQs
1. How does the lot compare to other homes in Whyte Ridge?
It is slightly below average. The neighbourhood median lot size is about 6,175 square feet, and this property sits at 5,276 sq ft. That places it in the lower third on the street but still within a typical range for the area.
2. Is the assessed value a reliable indicator of market price?
Assessments reflect municipal tax valuation, not current market conditions. While this home’s assessment is higher than average for both the street and community, actual sale prices depend on finishes, updates, and buyer demand. The assessment suggests the home is positioned above the neighbourhood baseline, but it is not a direct price guarantee.
3. Why is the home ranked higher citywide for living area than for lot size?
Winnipeg has many older homes with smaller floor plans, so a 1,913 sq ft home stands out more broadly. Conversely, lot sizes in the city vary widely but tend to be larger in suburban areas like Whyte Ridge, so this lot is closer to the norm. The rankings simply reflect how the property compares within each specific pool.
4. What does "接近平均" (close to average) actually mean in these rankings?
It means the home's value or measurement falls within a typical range for that category—neither significantly above nor below the midpoint. For example, the build year (1995) is almost identical to the street average, and the assessment is within a few percent of the neighbourhood average. It indicates consistency rather than an outlier.
5. Would this property be suitable for someone wanting a large yard for gardening or recreation?
Probably not. The lot is on the smaller side for the area. If ample outdoor space is a priority, there are likely better options on Sheffield Road or elsewhere in Whyte Ridge with larger lots. This home is better suited to someone who values indoor square footage and a manageable, lower-maintenance yard.