47 Exbury Place – Property Summary
Key Characteristics & Buyer Profile
This is a 1,393 sqft home built in 1988, sitting on a 6,913 sqft lot in Whyte Ridge, Winnipeg. The property’s strongest feature is its lot size, which ranks in the top 21% within the neighbourhood and top 18% citywide—meaning you get a noticeably larger yard than most comparable homes in the area. The assessed value of $497k is above average for Winnipeg (top 20%), but below average compared to other homes on Exbury Place itself. This suggests the street has some pricier properties, and this home offers a more accessible entry point into that specific location.
The living area is on the smaller side relative to its street and neighbourhood, ranking in the bottom quarter locally. This could appeal to buyers who prioritize outdoor space over square footage—perhaps someone looking for a good garden, room for kids to play, or future expansion potential. The home was built in 1988, which is older than average for Whyte Ridge but newer than many homes citywide. It’s a solidly built era, and you’re not buying into the oldest stock.
This property would suit a buyer who values a generous lot in a well-established neighbourhood, doesn’t need maximum interior square footage, and sees potential in a home that’s moderately priced for its street. It may also appeal to someone who prefers a home with some character from the late 80s rather than a newer infill.
Frequently Asked Questions
1. How does the lot size compare to other homes nearby?
The lot is above average for both the neighbourhood and the city, but it’s smaller than the average on Exbury Place itself, where lots tend to be larger. You’re getting a good-sized yard, but not the biggest on the block.
2. Is the assessed value a good deal compared to street and city averages?
The home is assessed below the street average of $590k, but above the city average of $390k. You’re paying a premium for the location and lot, but less than what many neighbours are valued at. It sits around the middle of the neighbourhood range.
3. How old is the home, and is that a concern?
Built in 1988, it’s one of the older homes on Exbury Place (ranked 3rd oldest out of 12), but newer than the average home citywide. In Whyte Ridge, the average home is from 1994, so this is slightly older than most in the area. You may want to budget for updates typical of a late-80s build.
4. Is the living area small for a family?
At 1,393 sqft, it’s compact by local street and neighbourhood standards. It could work well for a small family, couple, or someone downsizing, but if you need multiple large bedrooms or an open-concept great room, you might find it tight. The larger lot does offer room for a future addition if needed.
5. What does “ranked #9 out of 12” or similar mean?
These rankings compare this home to other comparable properties on the same street, within the neighbourhood, and across the city. A lower number means better rank. For example, ranked #9 out of 12 on the street means 3 homes are ranked higher—so this property is below average on that metric for that street. The rankings help you see where this home stands relative to its immediate and broader competition.