72 Hillberry Bay: Property Summary

Key Characteristics & Buyer Profile

This 1989-built single-family home on Hillberry Bay offers 1,902 sq ft of living space on a 6,324 sq ft lot, with an assessed value of $564,000. The property sits in a strong position across multiple comparisons. While it's essentially average for its own street in terms of size and lot (ranking 14th out of 30 homes), it performs notably better within the broader Whyte Ridge community and across Winnipeg as a whole. Living area places it in the top 24% of the neighbourhood and top 13% citywide. The assessed value follows a similar pattern—above average for the area and well above the city median. The build year (1989) is typical for the street but older than the surrounding neighbourhood average, which suggests this pocket of Whyte Ridge developed earlier than some adjacent sections.

The appeal here is practical rather than flashy. Buyers get a home that is solidly above average in size and value for Winnipeg, without paying a premium for a standout lot or a newer build. The property is well-positioned relative to the city's housing stock, which gives it a degree of market resilience. It would suit buyers who want more space than the typical Winnipeg home offers, who are comfortable with a late-80s build (likely meaning good bones but possible need for updates depending on the current owner's maintenance), and who prioritize square footage and assessed value over street-level prestige or a brand-new home. Families or professionals looking for a roomy home in an established, mid-tier neighbourhood would be the natural fit.

Frequently Asked Questions

1. How does the assessed value compare to the home's likely market price?
Assessed value is a municipal tax assessment, not a market appraisal. This property's assessment ($564,000) is above both the street and neighbourhood averages, and well above the city median. In a stable market, the sale price could fall near this figure or slightly above, depending on condition, upgrades, and current demand in Whyte Ridge. Assessments tend to lag behind market shifts, so it's worth checking recent sales on nearby comparable homes for a clearer picture.

2. Is a 1989 build considered old for this area?
It depends on the comparison point. On Hillberry Bay itself, 1989 is exactly average—so the street was likely developed around that time. Within Whyte Ridge as a whole, this home is older than the neighbourhood average (1994), meaning parts of the community were built more recently. Citywide, it's newer than the Winnipeg average (1966), so by local standards it's not an old home. Buyers should note that 1989-era homes may have original mechanical systems, windows, or roofing that could need attention.

3. How does the lot size compare to typical Winnipeg properties?
The lot is 6,324 sq ft. That's slightly below the Hillberry Bay average (6,530 sq ft) and slightly above the Whyte Ridge average (6,175 sq ft). Citywide, it's a bit below the Winnipeg average (6,570 sq ft). So it's a reasonably sized lot for the neighbourhood—not notably large or small, but in line with what most detached homes in this part of the city offer. It ranks in the top 25% citywide, which again highlights that Winnipeg lots overall are not uniform.

4. Why does the property rank better citywide than on its own street?
The street itself (Hillberry Bay) has homes that are fairly similar to each other in size and value, so being average there means being in the middle of a relatively uniform group. But that group is already above the city average. Once you zoom out to compare against all Winnipeg homes, the property's size and value stand out more because the citywide housing stock includes many smaller, older, or lower-value homes. The street-level ranking tells you about local competition; the citywide ranking tells you about overall desirability in the broader market.

5. What should I check before making an offer on a home from this era?
Beyond the usual inspection items, pay attention to the age of the roof, furnace, and windows—these are common replacement items in homes built around 1989. Also check for any updates to the electrical panel and plumbing, as these may still be original. The lot grading and drainage around the foundation are worth a close look, especially in an established neighbourhood like Whyte Ridge where mature landscaping can sometimes mask issues. Since the assessed value is above average, be sure the condition justifies the price relative to other homes in the same price band in Whyte Ridge.