81 Vineland Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 1998-built home in Whyte Ridge with 1,229 sq. ft. of living space on a 4,176 sq. ft. lot. Its assessed value is $490,000.

The property’s main appeal is its age and value relative to the city at large. It’s newer than most homes in Winnipeg (top 18% citywide), and its assessed value sits well above the citywide average (top 21%). This suggests a solidly built home that hasn’t depreciated the way older stock often does.

Where it falls short is size—both of the house and the lot. The living area is below average for the street and neighborhood. The lot is the smallest on Vineland Crescent (ranked last out of 111 homes). Buyers who prioritize square footage or a large yard will feel the pinch. Those who are happy with a more compact footprint—and who see the location and newer build as trade-offs worth making—will find this more appealing.

The home would suit:

• First-time buyers looking for a well-maintained starter home in a solid neighborhood without paying a premium for maximum space.
• Empty nesters or downsizers who want a newer, lower-maintenance property and don't need extra rooms or a big lot.
• Value-focused buyers who recognize that the assessed value is strong citywide but slightly under the street average—meaning they may not be paying top dollar for the street’s priciest homes.

Five Possible FAQs

1. Why is the assessed value below the street average but well above the city average?
The street (Vineland Crescent) has larger, likely pricier homes overall, so $490,000 sits below their median of $534,300. But citywide, most comparable homes in Winnipeg are older and assessed lower (city median $390,100), so this property still ranks in the top 21%—it’s a relatively valuable home for the city, just not the most expensive on its own block.

2. The lot is the smallest on the street. Is that a problem?
It depends on your priorities. At 4,176 sq. ft., the lot is roughly 25% smaller than the street average. That’s meaningful if you want a big backyard, room for a garden, or future expansion. But if you’re after less yard work, more privacy from neighbors, or a lower purchase price, a smaller lot can work in your favor. It’s worth checking whether the reduced land area affects things like fencing, setbacks, or future resale to buyers who do want more space.

3. The living area is below average for the neighborhood. Does that mean the home feels cramped?
Not necessarily. 1,229 sq. ft. is a comfortable size for many households, especially if the layout is efficient. The neighborhood average of 1,666 sq. ft. includes many larger single-family homes, so this property is on the smaller side—but not unusually so by city standards. You’ll want to look at room dimensions and flow to see if it suits your lifestyle.

4. Why does the property rank differently at the street, neighborhood, and city levels?
Each comparison uses a different peer group. On Vineland Crescent, it’s measured against 110 other homes on the same street—many of which are larger. In Whyte Ridge (2,382 homes), it still trails in size and lot area. But citywide, across nearly 200,000 homes, it outperforms in age and assessed value because the broader stock includes much older properties. The citywide ranking tells you it’s a relatively modern, valuable home in a regional context.

5. Is there a neighborhood map or analysis available for nearby properties?
Yes. The property detail page includes a link to a neighborhood analysis map that lets you compare this home to others nearby by year built, living area, assessed value, and lot size. That can be helpful for understanding how this specific property fits alongside its neighbors—especially given the smaller lot and below-average living area on the street.