Key Characteristics & Buyer Profile
48 Stonegate Close is a 1,455 sqft home built in 1986 on a 6,756 sqft lot. Its appeal lies in how it stacks up across multiple scales. On its own street, it’s the top-ranked property for assessed value (top 8%), and it’s among the newer homes there (top 25%). City-wide, the home sits in the top third for living space and top 16% for assessed value, outperforming the city average of 1,342 sqft and $390,000. The lot is generous for the surrounding Whyte Ridge neighborhood—top 24% locally—though it’s more average compared to the immediate street’s larger parcels.
Where it’s less remarkable is within its own community: the house is older than most in Whyte Ridge (bottom 6%), and its living area is slightly below the neighborhood average. The assessed value is right in line with the community median.
This property would suit a buyer who values a solid, well-located home with strong value relative to the wider city, and who doesn’t mind owning an older house in a newer neighborhood. It’s a good fit for someone who wants a competitive tax assessment and a sizable lot, without paying a premium for the newest finishes or maximum square footage. It may be less ideal for a buyer specifically looking for a home that matches the more recent building stock of Whyte Ridge.
Five Possible FAQs
1. How does this home's age compare to others in Whyte Ridge?
The home was built in 1986, which makes it one of the older properties in the Whyte Ridge area—ranking in the bottom 6% locally, where the average build year is 1994. However, it’s newer than the city-wide average of 1966.
2. Is the lot size considered large or small for the area?
It’s above average for both the community and the city. Within Whyte Ridge, the lot ranks in the top 24% (average lot is 6,175 sqft), and across Winnipeg, it’s in the top 19%. On Stonegate Close itself, the lot is about average.
3. How does the assessed value compare to similar homes nearby?
On its street, 48 Stonegate Close has the highest assessed value (top 8%), though within Whyte Ridge it’s close to the neighborhood average. City-wide, it’s well above typical values, ranking in the top 16%.
4. What is the living space like relative to other homes in the city?
The 1,455 sqft is slightly smaller than the average home in Whyte Ridge (1,666 sqft) and on its street (1,556 sqft), but it’s larger than the typical Winnipeg home, which averages 1,342 sqft. This places it in the top 33% city-wide.
5. How should I interpret the ranking data provided?
The rankings compare this property to others within three ranges: the street (Stonegate Close), the community (Whyte Ridge), and all of Winnipeg. A higher rank (smaller percentage) means the property performs better in that category—whether that’s a larger living area, newer build, bigger lot, or higher assessed value. The “average” figure is a median benchmark for that range.