80 Vanderbilt Drive – Property Summary
Key Characteristics & Buyer Profile
This is a 1994-built home in Whyte Ridge with 1,716 sq ft of living space on a 9,740 sq ft lot. Its assessed value is $862,000.
The property’s standout feature is the land. The lot is nearly 10,000 sq ft, ranking in the top 7% citywide and top 17% on its own street. That’s unusual for a home built in the mid-90s in a suburban neighbourhood, where lots tend to be smaller and more uniform. The land-to-house ratio here gives rare flexibility—room for a shop, a larger addition, a pool, or just significant outdoor space without leaving the neighbourhood.
The assessed value tells a slightly different story than the living area. While the home is smaller than many others on Vanderbilt Drive (where the average is 2,055 sq ft), its value ranks in the top 2% citywide and top 2% in Whyte Ridge. That reflects both the land premium and likely finish quality or updates, though the data doesn't specify renovations. The home is roughly average in age for Whyte Ridge but newer than most homes citywide (the city average build year is 1966).
This property would suit a buyer who values outdoor space and privacy more than a large interior footprint. It’s a good fit for someone willing to trade square footage for a lot that can accommodate gardening, hobbies, or future expansion. It may also appeal to buyers who want an established, well-ranked neighbourhood without the cookie-cutter lot size. Less obviously, it could work for someone looking to add square footage later—the lot size suggests a renovation is feasible without rezoning or variance headaches, which is less common for lots in top-tier city rankings.
Frequently Asked Questions
1. Why is the assessed value so high relative to the living area?
The value is driven by the land and the home’s location within Whyte Ridge. The property’s lot ranks in the top 7% citywide, and its assessed value is in the top 2% both neighbourhood-wide and citywide. In mature suburbs, land often accounts for a larger share of total value than the house itself—especially when the lot size exceeds neighbourhood averages by a significant margin.
2. Is the 1,716 sq ft living area considered small for this street?
Yes, on Vanderbilt Drive the average living area is 2,055 sq ft. This home ranks 61st out of 77 homes on the street, putting it in the bottom 21%. However, the lot is larger than most homes on the street, so the total site area is comparable to or greater than many of the larger houses.
3. How does the 1994 build year compare to other homes in Winnipeg?
It is newer than the citywide average of 1966 and newer than roughly 80% of homes across Winnipeg. Within Whyte Ridge, the average build year is 1994, so this home sits right at the neighbourhood median in terms of age.
4. What kind of updates or renovations would you expect in a home of this age and value?
At 30+ years old, typical considerations include roofing, windows, HVAC systems, and major appliances. A home assessed at $862,000 in a top-ranked neighbourhood may have had updates, but the raw data doesn’t indicate specific improvements. Any buyer should order a detailed inspection and ask about major system replacements, especially mechanical and envelope components that typically need attention around the 25–35 year mark.
5. How does this property compare to other homes in Whyte Ridge overall?
It leans heavily on land. The lot is in the top 7% of the neighbourhood, and the assessed value is in the top 2%. The living area is actually slightly above the Whyte Ridge average of 1,666 sq ft, and the build year is exactly the neighbourhood average. So it’s not an oversized house, but it’s a premium lot with a solid, average-sized home on it—uncommon in a subdivision where most lots are similarly sized to each other.