87 St Albans Road — Property Summary
Key Characteristics & Buyer Profile
This is a 2004-built home in Winnipeg’s Whyte Ridge neighbourhood with 1,509 square feet of living space on a 4,620-square-foot lot. Its standout feature is the age: it’s the newest house on its street (top 3%) and ranks among the newest 5% in the entire neighbourhood, where the average home was built in 1994. City-wide, it falls in the top 15% for newer construction.
The living area is below average for the street but above average for the city as a whole—meaning it’s not oversized, but it’s not cramped either. The assessed value ($536,000) tracks closely: below the street average of $562,300, but above the citywide average of $390,100 and sitting comfortably in the top 14% city-wide. The lot is on the smaller side compared to neighbours, ranking in the bottom third of the neighbourhood.
Where the appeal lies: The home offers relative newness in an established area, which matters in Winnipeg’s housing stock. Buyers get modern construction standards without the premium of a brand-new subdivision. The assessed value suggests the property isn’t overpriced relative to its immediate street, but it’s a higher-value home when measured against the broader market. The modest lot and living area may appeal to those who want less exterior maintenance and a more efficient floor plan.
Who it suits: Ideal for buyers who prioritize a newer home in a mature neighbourhood—perhaps a family looking to avoid major renovations, or someone relocating who wants a move-in-ready property without paying top dollar for the newest build in a new development. Less suited for buyers who want a large yard, a sprawling layout, or the absolute lowest price point in Whyte Ridge.
Frequently Asked Questions
1. How does this home compare to others on St Albans Road?
It ranks near the bottom for living area (32 out of 39), assessed value (31 out of 39), and lot size (27 out of 39). The one area where it leads is age: it’s the newest house on the street. So you’re trading a bit of space and land for a younger building.
2. Why is the assessed value below the street average if the home is newer?
Newer doesn’t always mean more expensive per square foot. On St Albans Road, several older homes may have larger living areas, bigger lots, or renovations that push their assessed values higher. The home’s assessed value is still well above average city-wide, but on this specific street, it’s not the top performer.
3. Is the lot size a disadvantage?
It depends on your needs. The lot is smaller than most in Whyte Ridge (bottom 19% in the neighbourhood). If you want a large garden, room for a shed, or privacy between houses, you may find it tight. But a smaller lot usually means less yard work, lower maintenance costs, and potentially a lower purchase price per square foot of land.
4. What does “Top 30% city-wide for living area” actually mean in practice?
It means this home has more square footage than 70% of comparable homes across Winnipeg. The citywide average living area is 1,342 sqft, so at 1,509 sqft, it’s about 12% larger than typical. It’s not a huge home, but it’s comfortably above the median.
5. How reliable are these rankings and comparisons?
The data compares this property to a pool of “comparable homes” within each scope (street, neighbourhood, city). The methodology is useful for ballpark positioning, but it doesn’t account for specific features like basement finish, garage size, or recent upgrades. Use the rankings as a starting point—a neighbourhood map analysis or in-person visit will reveal more nuance.