7 Caldwell Crescent – Property Summary
Key Characteristics & Buyer Profile
This home offers above-average living space across every comparison level. At 2,158 square feet, it ranks in the top 7% on its street, top 10% in the Whyte Ridge neighbourhood, and top 7% city-wide in Winnipeg. The assessed value of $574,000 reflects a similar pattern—above the neighbourhood and city averages, but roughly on par with other homes on Caldwell Crescent itself. That means you're getting more space and newer construction (built in 1998, which is newer than most homes in the area and the city) without paying a premium over your immediate neighbours.
The lot is a different story. At 5,512 square feet, it's below average for the street and sits around the middle of the pack for the neighbourhood and city. This is worth noting: the trade-off here is indoor space over yard space. If you value a larger floor plan and a home that's more recently built than much of Winnipeg's housing stock, this property leans in that direction. It would suit buyers who want room to spread out without chasing a big lot, and who are comfortable with a home that's solidly mid-range in assessed value among its street-level peers—meaning no obvious red flags of overpricing or undervaluation on the block.
Frequently Asked Questions
1. How does the living area compare to typical homes in Whyte Ridge?
The home is 492 square feet larger than the neighbourhood average of 1,666 square feet. Within Whyte Ridge, it ranks in the top 10% for living area.
2. Is the assessed value in line with other homes on the street?
Yes. It ranks 14th out of 27 homes, which puts it right around the middle—slightly above the street average of $565,900, but not an outlier.
3. The lot seems small for the area. Will that affect resale?
Possibly, but context matters. Lot size is below average on the street, but roughly average for Whyte Ridge and city-wide. For buyers who prioritize indoor space over outdoor space, this trade-off may not be a dealbreaker. It's worth considering what neighbouring lots are like and whether the street tends to attract families or professionals who use their yards differently.
4. Why is the year built notable?
The home was built in 1998, which is newer than most homes in Whyte Ridge (average 1994) and significantly newer than the Winnipeg average of 1966. It ranks 3rd newest out of 27 homes on Caldwell Crescent. That means fewer major system replacements may be needed in the short term compared to older homes nearby.
5. How does the property rank overall compared to the rest of Winnipeg?
It sits in the top 7% city-wide for living area, top 10% for assessed value, and top 18% for year built. The lot is closer to the middle (top 42%). So it's a strong performer in the categories that matter most to people looking for modern square footage and solid value—just not a standout on land size.