7 Wittenberg Road – Property Summary
Key Characteristics & Buyer Profile
This 1,381 sqft home, built in 1992, sits on a 5,493 sqft lot in the Whyte Ridge area of Winnipeg. Its assessed value is $507,000.
The property’s strongest feature is its age. It ranks in the top 11% on its street for newer construction, and top 21% citywide—a meaningful advantage in a city where the average home was built in 1966. This suggests fewer major system replacements (roof, furnace, windows) may be needed in the near term compared to older stock.
However, the home is noticeably smaller than its immediate neighbours. On Wittenberg Road, it ranks last out of 44 homes for living area (1,381 sqft vs. the street average of 1,843 sqft). The lot is also slightly undersized relative to the street average (5,493 sqft vs. 5,968 sqft). While the home’s assessed value is around average for the street and neighbourhood, it sits well above the citywide median, indicating the location and newer construction are driving value more than square footage or land.
This property would best suit: A buyer who prioritizes a well-maintained, newer-build home in an established neighbourhood over having the largest house or lot on the block. It may appeal to downsizers, first-time buyers who want a move-in-ready home without premium space they don't need, or anyone who values the lower maintenance and efficiency that comes with a 1990s build. A buyer expecting typical Whyte Ridge lot sizes or interior space may find it tight.
Frequently Asked Questions
1. How does this home’s value compare to others in Whyte Ridge?
It’s around average for the neighbourhood—ranked in the top 54% (1,292 out of 2,382 homes). Citywide, it ranks in the top 19%, reflecting Whyte Ridge’s higher property values overall. The $507,000 assessment is close to the neighbourhood average of $529,600.
2. Is the living area a dealbreaker for resale?
It could be, depending on the buyer pool. On its own street, it’s the smallest home, which may limit future appreciation relative to larger neighbours. However, its newer construction and good condition can offset that for buyers who don’t need maximum square footage. The home’s assessed value has held around the street average, suggesting the market currently prices it fairly.
3. What’s the lot like compared to others in the area?
The 5,493 sqft lot is slightly smaller than the street average (5,968 sqft) and neighbourhood average (6,175 sqft). It’s still within a typical range for Winnipeg citywide (top 44%), so it’s not unusually small—just a bit tighter than what’s common on Wittenberg Road specifically.
4. How old are the major systems likely to be?
The home was built in 1992, so original systems (furnace, hot water tank, roof, windows, electrical panel) would be over 30 years old. A buyer should verify what has been updated. Many homes from this era in Whyte Ridge have had some replacements by now, but given the property’s top-tier age ranking on the street, it’s possible fewer updates have been done than on older homes.
5. Is this a good value for first-time buyers?
It depends on budget and expectations. The assessed value is above the citywide average, so it’s not an entry-level price point. But for a buyer who can afford it, the newer construction means less immediate maintenance risk, and the smaller size keeps utility costs and upkeep lower than larger Whyte Ridge homes. It’s a practical choice, not a flashy one.