Property Summary: 581 Scurfield Boulevard, Winnipeg
Key Characteristics & Buyer Profile
This is a 1,650 sqft home built in 1994 on a 4,173 sqft lot in the Whyte Ridge neighbourhood. The property is assessed at $475,000.
What stands out is the living space. The home is slightly smaller than the average house on its own street (1,750 sqft) and just under the neighbourhood average (1,666 sqft), but it is substantially larger than the citywide median for comparable homes (1,342 sqft). In other words, for Winnipeg as a whole, this is an above-average-sized home.
The trade-off is the land and the valuation. The lot is notably small—sitting in the bottom 1% on the street and bottom 2% in the neighbourhood. This is a compact property by local standards. The assessed value is below both the street and neighbourhood averages, which reflects the smaller lot size and possibly the home’s age relative to newer builds nearby. However, citywide, the assessed value remains above average.
The appeal here is the interior space relative to the purchase price. You get a home that is roomier than the typical Winnipeg house, in an established neighbourhood, but without paying a premium for a large yard. This suits buyers who prioritize square footage and a functional layout over outdoor space—people who don’t want a big garden to maintain and are comfortable with a smaller lot. It also suits someone looking for value in Whyte Ridge, where prices are generally higher. Because the assessment lags the street and neighbourhood, this could represent a more accessible entry point into the area, though buyers should verify the actual market price.
Five Possible FAQs
1. How does the property's small lot affect resale or everyday use?
A smaller lot means less yard maintenance and more time indoors, which appeals to many buyers. However, resale may be slower if the neighbourhood market leans toward families wanting larger yards. It’s less of a concern if the street itself is mixed in lot sizes.
2. Is the assessed value of $475k close to the actual market price?
Not necessarily. Assessments are based on a specific valuation date and may not reflect current demand or recent sales. This home is assessed well below the street and neighbourhood averages, so the market value could be higher—or lower—depending on the specific condition and finishes. Always compare to recent sold listings.
3. Why is the living area considered “above average” citywide but “around average” on the street?
Because the street (Scurfield Boulevard) has newer or larger homes than the Winnipeg average. Many homes on this street are above the city norm, so this house is typical for its block but generous compared to the rest of the city. It’s a relative measure.
4. Does the year built (1994) mean the home needs major updates soon?
A 1994 home is now about 30 years old. Major systems like the roof, furnace, and windows may be approaching the end of their lifespan if not already replaced, but that depends on maintenance. A 30-year-old home often has more character and better build quality than very new builds, but it’s wise to check the age of the mechanicals.
5. How does this property compare to others in Whyte Ridge overall?
It’s a slightly smaller living area than the neighbourhood average, with a significantly smaller lot, and a below-average assessed value. That makes it one of the more affordable options in Whyte Ridge by tax assessment, but the actual sale price depends on how the market values the interior space over the yard.