Key Characteristics & Buyer Profile
At 1,259 square feet of living space, this 2002-built home on Cloverwood Road sits near the middle of its street for size but is noticeably smaller than the Whyte Ridge community average of 1,666 square feet. Its 4,175 sqft lot follows a similar pattern — average for the street, but well below the wider neighbourhood norm. Where the property stands out is its construction year: built in 2002, it’s the newest home on its block (ranking 1st out of 52) and significantly newer than most of Whyte Ridge (where the average build year is 1994) and the city overall (1966).
The assessed tax value is $447,000 — lower than both the street and neighbourhood averages, but higher than Winnipeg’s citywide average of $390,000. This suggests the home offers a relatively new build in a desirable southwest Winnipeg neighbourhood without the premium price tag attached to larger or more recently renovated properties nearby.
The appeal lies in the balance of age and affordability. Buyers get a home that’s barely over twenty years old — avoiding many of the maintenance surprises common to Winnipeg’s older housing stock — at a price point that undercuts most other homes in Whyte Ridge. It would suit buyers who prioritize a newer structure and lower tax burden over square footage or a large yard, particularly first-time homeowners or those downsizing from an older, larger property who want a more manageable footprint in a well-established community.
Frequently Asked Questions
1. How does the living space compare to other homes in the area?
The home is smaller than the typical Whyte Ridge property — it ranks in the bottom 18% of the neighbourhood for living area. On its own street, it’s much closer to the median, falling just slightly below the average of 1,381 sqft. So it’s not unusually small for the immediate block, but it is compact relative to the broader community.
2. Is the low assessed value a red flag?
Not necessarily. The lower assessment reflects the smaller size of both the house and lot compared to neighbours. It doesn’t indicate poor condition — the home is newer than most in the area, which generally works in its favour. For a buyer, the lower tax bill is a practical advantage, but expect resale value to track with size more than age.
3. Why is the lot so much smaller than the neighbourhood average?
Cloverwood Road and parts of Whyte Ridge were developed with a mix of lot sizes. Many homes in the wider community sit on plots around 6,000 sqft or larger, while this property’s 4,175 sqft lot is more in line with newer, lower-maintenance subdivisions. If you want a large yard for gardening or expansion, this isn’t it — but for someone who prefers less upkeep, it’s a feature, not a drawback.
4. How does the 2002 build year hold up compared to older homes nearby?
Exceptionally well. It’s the newest home on the street and newer than 90% of the neighbourhood. In a city where the median home was built in the 1960s, a 2002 construction means modern insulation, wiring, and likely fewer major replacements (roof, furnace, windows) in the near term. It’s a meaningful advantage for both comfort and budgeting.
5. Who is this home really for, and who should probably pass?
It’s a strong fit for someone who values a newer, lower-maintenance home in a family-oriented southwest neighbourhood, without wanting to pay for extra square footage they won’t use. Think young professionals, couples, or empty-nesters. Buyers looking for a large lot, a big basement, or a property that stands out in size among neighbours should look elsewhere — this home is about practicality, not prominence.