7 Langdale Way – Property Summary
Key Characteristics & Appeal
This 2002-built home on Langdale Way offers 1,256 sq ft of living space on a 4,365 sq ft lot. Its strongest feature is the building’s relative newness: it ranks in the top 10% within the Whyte Ridge community (where the average home was built in 1994) and in the top 17% citywide. The assessed value of $503,000 places it above average for the street and well above the citywide median of $390,000, reflecting both the newer construction and the desirability of the immediate area.
Where the property sits below average is in lot size and interior square footage compared to its own neighborhood. The lot is smaller than most in Whyte Ridge (ranking in the bottom 8% locally), and the floor plan is also on the compact side for that area. However, these figures are close to citywide averages, so the home is not unusually small by broader standards.
The appeal here is for buyers who prioritize a newer, well-maintained build in an established subdivision over having a large yard or extra square footage. It would suit those looking for a relatively turnkey property in a street with strong value indicators (top 25% for assessed value on Langdale Way), or for buyers who want a home that doesn’t require the updates typical of older Whyte Ridge stock. The combination of newer construction and a less land-heavy footprint may also appeal to those seeking lower yard maintenance and utility costs.
Frequently Asked Questions
1. How does the living space compare to other homes on the street?
It's close to the street average. At 1,256 sq ft, it ranks 12th out of 20 homes on Langdale Way, where the typical home is around 1,369 sq ft. So it's slightly smaller, but not an outlier.
2. Is the property considered overpriced for the neighborhood?
The assessed value of $503,000 is slightly below the Whyte Ridge median of $530,000, but well above the citywide average. On the street, it ranks in the top 25%, which suggests the home holds its value well relative to immediate neighbors.
3. Why is the lot size so much smaller than the neighborhood average?
This street and section of Whyte Ridge were developed in the early 2000s with a mix of lot sizes. Many nearby homes sit on larger parcels typical of the older parts of the community, while this one reflects a denser layout more common in newer infill or subdivisions built after the 1990s.
4. What does “top 10% for building year” mean in practical terms?
It means a buyer is unlikely to face major structural or system upgrades right away. Most homes in Whyte Ridge were built in the mid-1990s, so this 2002 home avoids some of the 25-year replacement cycles (roof, furnace, windows) that older properties may be approaching.
5. How does this property compare to similar newer homes citywide?
It sits right around the city median for living area, but above average for assessed value, indicating that newer homes in this part of town command a premium. A buyer looking for a comparable 2000s-era home elsewhere in Winnipeg might get more land for the same price, but likely not in an area with similar street-level value consistency.