55 Cedar Glen Road – Property Summary
Key Characteristics & Appeal
This home sits on a notably large lot for its street—6,116 square feet, ranking in the top 11% on Cedar Glen Road—with a living area of 1,278 square feet that is slightly above the street average but below the wider Whyte Ridge neighborhood norm. Built in 1994, it is newer than most Winnipeg homes (top 20% citywide), though comparable in age to others in the area. Its assessed value of $491,000 is well above the street average of $465,300 and citywide median, yet slightly below the Whyte Ridge neighborhood average of $529,600.
The property's appeal lies in the combination of a generous lot and a home that is not oversized, which may attract buyers looking for outdoor space without paying for excessive square footage they don't need. It sits on a street where homes tend to be smaller on average, so this unit offers more room than its immediate neighbors. The neighborhood itself (Whyte Ridge) skews toward larger homes and higher values, meaning this property represents a relatively accessible entry point into an area where many homes are pricier and bigger.
This would suit a buyer who values yard space—for gardening, kids, or pets—over a sprawling interior. It might also appeal to someone who wants a newer-construction home in a well-established Winnipeg suburb without paying a premium for the largest house on the block. Because the assessed value is strong relative to the street and city, it could also interest an investor or buyer focused on resale potential in a comparably older and smaller-home context.
Frequently Asked Questions
1. How does the living area compare to typical homes on this street and in Whyte Ridge?
At 1,278 square feet, this home is about 30 square feet above the Cedar Glen Road average, ranking in the top 18% on the street. However, it is roughly 388 square feet below the Whyte Ridge neighborhood average, so it is a smaller home within the broader area.
2. Why is the assessed value high for the street but average for the neighborhood?
The street average is $465,300, and this home's assessed value of $491,000 places it in the top 8% on Cedar Glen. But Whyte Ridge's average is $529,600—meaning this home is about $38,600 below that benchmark. The discrepancy reflects that the street has generally lower-value homes than the neighborhood overall.
3. How does the lot size affect practical use?
The 6,116-square-foot lot is roughly 1,200 square feet larger than the street average and ranks in the top 11% on Cedar Glen. It is close to the neighborhood average, meaning you get a yard that is typical for Whyte Ridge, but more generous than what most immediate neighbors have. This is useful for outdoor activities, storage sheds, or future landscaping.
4. Is the home considered old or new compared to other Winnipeg homes?
Built in 1994, it ranks in the top 20% citywide for newer construction, because the median Winnipeg home was built around 1966. Within Whyte Ridge, the average year built is also 1994, so it fits the neighborhood's typical age.
5. What does "below average" in the neighborhood ranking actually mean for value?
Being ranked in the top 79% for living area in Whyte Ridge means this home is smaller than most in the area. That can be an advantage if you want to avoid paying for space you won't use, but it may also limit appeal to buyers who expect larger interiors in that neighborhood. The assessed value ranking (top 67%) indicates the market doesn't penalize the smaller size heavily—value is still competitive for the area.