56 Wittenberg Road – Property Summary
Key Characteristics & Target Buyer Profile
This 1,806 sq ft home, built in 1993, sits on a 6,828 sq ft lot in Whyte Ridge, Winnipeg. Its most distinctive feature is consistent above-average positioning across multiple metrics when compared locally and citywide. The assessed value of $558,000 ranks in the top 12% across Winnipeg, reflecting both the home’s size and the land it occupies. The lot itself is larger than most on the street (top 11%) and in the neighborhood (top 22%), offering more outdoor space than typical for the area.
The home’s appeal lies in its balance of modern build year and established neighborhood context. Built in 1993, it’s newer than the citywide average of 1966, but aligns closely with the Whyte Ridge average of 1994—meaning it fits the neighborhood character without being an outlier. The living area is slightly below the street average (1,843 sq ft) but well above the citywide average (1,342 sq ft), placing it in the top 17% citywide. This suggests a home that feels spacious relative to Winnipeg’s housing stock, without being oversized for its immediate street.
This property would best suit a buyer who values comparative advantage—someone who wants a home that stands out statistically in its market, particularly in terms of lot size and assessed value. It may appeal to families looking for a larger-than-average yard in a neighborhood of similarly aged homes, or to buyers who prioritize resale positioning and want a property that ranks well across multiple categories. The home is not the newest or largest on the street, but its combination of size, land, and value ranks consistently high—reducing the likelihood of being an outlier that’s hard to compare or price.
Five Possible FAQs
1. How does the living area compare to other homes in the neighborhood?
At 1,806 sq ft, the living area is around average for Whyte Ridge, ranking in the top 35% of comparable homes. It’s slightly below the street average of 1,843 sq ft but well above the citywide average of 1,342 sq ft, placing it in the top 17% across Winnipeg.
2. Is the assessed value significantly above the neighborhood average?
Yes, the assessed value of $558,000 is above both the street average ($533,400) and the neighborhood average ($529,600). It ranks in the top 12% citywide, reflecting strong positioning relative to Winnipeg’s housing market.
3. What’s notable about the lot size?
The lot measures 6,828 sq ft, which is larger than the average on the street (5,968 sq ft) and in the neighborhood (6,175 sq ft). It ranks in the top 11% on Wittenberg Road and top 18% citywide, offering more outdoor space than typical for comparable homes in the area.
4. How old is the home, and does it fit the neighborhood?
Built in 1993, the home is newer than the citywide average of 1966 but slightly older than the Whyte Ridge average of 1994. It ranks in the top 5% on the street by year built, meaning it’s among the newer homes on Wittenberg Road while still fitting the neighborhood’s overall character.
5. What’s the most unusual feature of this property based on the data?
The land-to-value relationship stands out. While the lot is larger than most on the street and in the neighborhood, the assessed value also ranks high (top 12% citywide). This combination is less common than a property that ranks high in only one category—suggesting both the land and the structure contribute meaningfully to the value, rather than one compensating for the other.