47 Beacon Hill Place – Property Summary
Key Characteristics & Buyer Profile
This is a 2,151 sqft home built in 1997 on a 5,832 sqft lot in Whyte Ridge, Winnipeg. Its standout feature is interior space: it ranks in the top 7% citywide for living area, well above the typical comparable home (1,342 sqft). On its own street, it’s the 5th largest out of 17 homes. The assessed value of $545,000 reflects a similar pattern—slightly below the street average ($580,400) but comfortably above both the neighborhood and city medians (top 13% citywide). That gap suggests the home offers more square footage than most near its price point. The lot size is closer to average, slightly smaller than the street norm but still within a typical range for the area.
The appeal here is less about curb appeal or land, and more about getting a larger-than-expected interior for the assessed value. Buyers who prioritize room to spread out—whether for a growing family, home office space, or simply avoiding a cramped layout—will find this property competitive. It also suits buyers who want a well-established, mid-90s build in a mature neighborhood without paying a premium for a newer or fully renovated home. The year-built ranking (top 19% citywide) means the structure is newer than most Winnipeg homes, but not so recent that it commands a price premium on that basis alone.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
It falls below the average on Beacon Hill Place itself (about $35,000 less), but it’s above the Whyte Ridge neighborhood average ($529,600) and well above the citywide median for comparable homes ($390,100). So you’re paying less than your immediate street neighbors but getting a home valued higher than most in the broader area.
2. What does the living area ranking actually mean for daily use?
At 2,151 sqft, this is a genuinely spacious home. The rankings show it outperforms 93% of comparable homes citywide. In practical terms, that typically means larger rooms, more flexible layouts, and less need to sacrifice a home office or guest room. The trade-off is that the lot is average-sized—you won’t get a massive yard to match the interior.
3. Why is the street-level assessment lower than the neighborhood average?
The street has a few higher-value properties pulling up the average (likely newer or recently updated homes). This home sits in the middle range. From a buyer’s perspective, that can be neutral or positive: you avoid being the highest-valued house on the block, which sometimes helps with future resale positioning.
4. Is the land area small enough to be a concern?
It’s slightly below the street average (5,832 sqft vs. 7,036 sqft) but still ranks in the top 36% citywide. For most families, this is a standard suburban lot—enough for a backyard and some outdoor space, but not oversized. If you want a large garden or room for a future addition, you’d want to check the property’s specific setbacks and zoning.
5. How does the 1997 build compare to newer construction in Whyte Ridge?
It’s newer than the neighborhood average (1994) and significantly newer than most citywide homes (median 1966). That means you’re likely dealing with standard modern framing, wiring, and plumbing, but without the premium attached to a 2010s or custom build. Some buyers find this sweet spot: recent enough to avoid major system upgrades, old enough that the initial depreciation has already passed.