59 Invermere Street – Property Summary
Key Characteristics, Appeal & Ideal Buyer
This home at 59 Invermere Street stands out most for its size and age. With 1,873 sq ft of living space, it ranks second out of 62 homes on the same street—well above the street average of 1,521 sq ft. Built in 2002, it’s the newest home on the block, where the average build year is 1993. In the broader Whyte Ridge area, it lands in the top 10% for newer construction and top 28% for living area. Where it falls short is lot size: at 4,222 sq ft, the lot is smaller than the street and neighbourhood averages, placing it in the bottom 10% on the street and bottom 7% in the community. The assessed value (for tax purposes) is $509,000, which sits near the middle of the street and community ranges.
The appeal here is practical: you get a spacious, relatively new house without paying a premium for a large yard. For buyers who prioritize interior square footage and modern construction over outdoor space, this property offers a strong combination. It would suit families or professionals who want room to spread out inside, but don’t need—or don’t want to maintain—a big lot. The location on a quiet street in Whyte Ridge also adds appeal for those looking for an established, family-oriented neighbourhood with good access to amenities.
Frequently Asked Questions
1. How does the living space compare to other homes in Whyte Ridge?
At 1,873 sq ft, this home is above the Whyte Ridge average of 1,666 sq ft, putting it in the top 28% of the neighbourhood. It’s a solid size for the area, not an outlier but clearly larger than most nearby homes.
2. Why is the assessed value so close to the street average despite being newer and larger?
The street average for assessed value is $494,000, so this home is slightly above that at $509,000. The smaller lot likely offsets some of the value advantage from the larger house and newer construction. In Whyte Ridge, the community average is actually higher at $530,000, so this property is priced moderately for the area.
3. Is the small lot a drawback in this neighbourhood?
It depends on your priorities. Most homes on Invermere Street have larger lots, so if you’re looking for a big backyard, this isn’t it. But the smaller lot means less yard work and potentially more time to enjoy the interior space. For buyers who value a low-maintenance property, this could be a benefit rather than a downside.
4. How does the age of this home compare to typical homes in Winnipeg?
This home is significantly newer than the Winnipeg average. The citywide median build year is 1966, so a 2002 build places it in the top 17% citywide. That means fewer major updates needed in the near term compared to many older properties.
5. What kind of buyer should seriously consider this property?
Anyone who wants a spacious, modern home without a big yard will find this a strong fit. It also works well for buyers who want to be on a street that’s mostly older, smaller homes—you get a newer, larger house without the premium you’d pay in a neighbourhood where that’s the norm. First-time buyers who want room to grow, or downsizers who still want generous indoor space, should take a close look.