81 Apple Hill Road – Property Summary
Key Characteristics & Buyer Profile
This home stands out most for its size. At 2,347 square feet of living space, it ranks first on its street and in the top 4% citywide in Winnipeg. The lot is also generous at 7,545 square feet, well above the neighborhood and street averages. The assessed value of $606,000 reflects that premium – top of the street and in the top 8% citywide.
The trade-off is age. Built in 1987, this is older than most homes in Whyte Ridge, where the average build year is 1994. So while the space and land are exceptional for the area, the house is not a newer construction.
The appeal here is for buyers who prioritize square footage and lot size over a modern build year. It would suit a family or someone who wants room to spread out – both inside and outside – without moving to a pricier tier of newer development. It may also appeal to buyers who see potential in updating or customizing an older home in a strong location. The neighborhood ranking (top 4% for living area, top 9% for value) suggests solid long-term value, but the property’s age relative to its peers means it won’t suit someone looking for move-in-ready, turnkey newness.
Five Possible FAQs
1. How does this home compare to others in Whyte Ridge?
In terms of living area, it's in the top 4% of the neighborhood. Land area is also above average. The assessed value is above average but not as dominant – top 9%. The main difference is age: most Whyte Ridge homes are newer (average 1994), while this one is 1987.
2. Is a 1987 home likely to need major updates?
It depends on the current owner's maintenance, but homes from that era often need roof, furnace, window, or kitchen/bathroom updates if not already done. It's worth checking those systems specifically, as the age puts it in a below-average tier for the neighborhood.
3. Why is the assessed value high for an older home?
The value is driven by the large living area and lot size, which are both well above the city and neighborhood medians. Assessed value weighs square footage heavily, so a larger, older home can still command a higher value than smaller newer ones.
4. Does a top street ranking mean higher resale potential?
It can help, but resale depends on more than square footage. The home's age and condition are factors. Being #1 on Apple Hill Road for size and value gives it a strong position, but buyers should consider whether the neighborhood's newer average build year could affect future demand.
5. How does the lot size compare to a typical Winnipeg home?
This lot is 7,545 square feet, roughly 15% larger than the citywide average for comparable homes (6,570 sqft). In Whyte Ridge, it's also above the neighborhood average of 6,175 sqft. So the yard is genuinely spacious by local standards.