77 Setterington Bay – Property Summary
Key Characteristics & Buyer Profile
This 2004-built home offers 1,496 sq ft of living space on a 4,609 sq ft lot. What stands out most is its age relative to the neighbourhood. Built in 2004, it’s one of the newer homes on Setterington Bay (ranked 3rd out of 36) and sits in Whyte Ridge, a community where the average home was built in 1994. That matters if you want a newer structure in an established area, without moving to a brand-new subdivision.
The assessed value is $573,000—higher than the Whyte Ridge average ($530,000) and well above the Winnipeg average ($390,000). This suggests the home has held its value well, but it’s worth noting the living area is slightly below the street average and roughly in line with the wider city. The lot is smaller than typical for the area, which might appeal to buyers who want less yard maintenance.
Where the appeal lies: Buyers who want a newer build in a mature neighbourhood, and who are willing to trade lot size for a more efficient indoor layout. The property is positioned as a mid-to-upper-tier home within Whyte Ridge, but not the largest on the street.
Who it suits: Families or couples looking for a home built this century, in a community with established schools and amenities, who don’t need a large yard and prefer something move-in ready over a fixer-upper.
Five Possible FAQs
1. How does the living space compare to other homes nearby?
It’s about 20% smaller than the average home on Setterington Bay (1,874 sq ft) but matches up well against the citywide average (1,342 sq ft). In Whyte Ridge, it’s within the typical range.
2. Why is the assessed value above average if the house is smaller?
The higher value likely reflects the newer construction, modern finishes, and possibly an efficient layout. Assessed value isn’t just about square footage—it factors in condition, age, and market demand in the area.
3. Is the smaller lot a disadvantage?
Only if you want a large garden or plans for an extension. For many buyers, a smaller lot means less upkeep and more time indoors. Given the home is on a bay, it may also offer more privacy than a busier through street.
4. How does this home compare to newer subdivisions?
It’s older than a brand-new build, but newer than most homes in Whyte Ridge. You get the benefits of an established neighbourhood (mature trees, nearby parks, schools) without the premium prices or uncertain timelines of a new development.
5. What does the ranking “16th percentile” or “top 8%” actually mean in everyday terms?
These rankings show where this property stands relative to others. For example, being 3rd out of 36 homes on the street for build year means only two homes are newer. So if you value a recent build, this is a strong pick—but it’s also priced accordingly.