48 Monticello Road – Property Summary
Key Characteristics and Buyer Profile
This is a single-family home built in 1990, located in the Whyte Ridge neighborhood of Winnipeg. It offers 1,782 square feet of living space on a 6,131-square-foot lot. The assessed value is $531,000.
The property performs well across multiple comparisons. The lot size ranks in the top 11% on its street and top 28% citywide—meaning it sits on noticeably more land than many nearby homes. The living area is above average for Winnipeg overall, though it falls roughly in line with the street and neighborhood averages. The assessed value is strong at the street and city levels but sits around the middle for Whyte Ridge.
What sets this property apart is the combination of a larger-than-typical lot with a home that isn't oversized. That gives you outdoor space that feels generous relative to the house itself—rare in many subdivisions. Built in 1990, it falls in the middle of the neighborhood’s age range, so it avoids the maintenance surprises of an older home without the premium pricing of a new build.
This home would suit buyers who value lot size and established neighborhood character over a turnkey, cookie-cutter layout. It's a good fit for someone who wants room for a garden, a workshop, or kids to play, but doesn’t need or want a massive house to maintain. It also appeals to buyers who care about comparative value—the assessed value is strong, but not out of step with the street, suggesting fair pricing relative to similar homes nearby.
Frequently Asked Questions
1. How does the assessed value compare to similar homes in Whyte Ridge?
The assessed value of $531,000 is above the street average of $506,000 and the citywide average of $390,000, but it falls right around the neighborhood average of $529,600. So it's in line with other Whyte Ridge homes—not an outlier.
2. Is the lot significantly larger than typical for the area?
Yes, at 6,131 square feet, the lot is in the top 11% on Monticello Road and top 28% citywide. It's slightly below the Whyte Ridge average of 6,175 square feet, but still generous compared to most other streets in the city.
3. What does the 1990 build year mean in terms of upkeep?
A 1990 home is now over 30 years old. You can expect typical mid-life updates: roofing, windows, and mechanical systems may have been replaced already, or may need attention soon. Average age in Whyte Ridge is 1994, so this is slightly older than many neighbors, but still newer than the citywide average of 1966.
4. How does the living space compare to other homes in the area?
At 1,782 square feet, the living area is slightly above the street average of 1,578 square feet and the neighborhood average of 1,666 square feet. It's notably larger than the citywide average of 1,342 square feet. So you get more interior space than most Winnipeg homes, without being oversized for the street.
5. Where exactly is Whyte Ridge, and what's the neighborhood like?
Whyte Ridge is a southwest Winnipeg neighborhood, developed mostly in the 1990s and early 2000s. It's known for larger lots, mature trees, and a mix of family homes. Schools, parks, and shopping are within easy reach, and it's close to the Perimeter Highway for commuting. It's not a downtown-adjacent area—more of a suburban family enclave with good resale stability.