87 Tolcross Gate – Property Summary
Key Characteristics & Suitability
This 1991-built home offers 1,284 square feet of living space on a 4,200-square-foot lot. The numbers tell a story of compromise: it sits on a street where homes are slightly larger than average and newer than most, yet within the wider Whyte Ridge neighbourhood it’s smaller (ranked in the bottom quarter for living area) and on a lot that’s well below the neighbourhood average of 6,175 square feet. The assessed value of $460,000 is roughly in line with others on the same street but notably lower than the neighbourhood average, reflecting the home’s smaller footprint and land size.
Where this property stands out is citywide context. Compared to Winnipeg as a whole, the living area is about average, the lot is smaller than typical, but the year built (1991) places it in the top 22% of homes citywide—most Winnipeg homes are older. The assessed value is above the citywide average of $390,100, which suggests relative desirability or condition compared to the broader market.
The appeal lies in its balance. It’s a newer home on a street with slightly better-than-average specs, but not the largest or most expensive in the neighbourhood. This makes it a practical option for buyers who want a well-maintained 1990s home in a mature suburban area like Whyte Ridge, without paying a premium for a larger lot or square footage. It would particularly suit first-time buyers or downsizers who value a manageable yard and indoor space, and who prefer a newer build relative to Winnipeg’s older housing stock. It may be less ideal for families needing extra room or a large backyard, given the neighbourhood’s typical lot sizes.
Five Frequently Asked Questions
1. How does this home compare to others on Tolcross Gate?
On this street, the home ranks in the top 24% for living area and top 15% for year built, meaning it’s among the newer and slightly larger homes. Its lot size is above average for the street, and its assessed value falls in the middle range. So it holds its own well against immediate neighbours.
2. Why is the assessed value lower than the neighbourhood average?
Whyte Ridge’s average assessed value is $529,600, largely driven by homes with bigger living areas and larger lots. This property’s 4,200-square-foot lot and 1,284-square-foot footprint are below the neighbourhood norm, which pulls its value down. The gap isn’t a red flag—it simply reflects the home being smaller than many others in the area.
3. Is a 4,200-square-foot lot small for Winnipeg?
Yes, citywide the typical lot is around 6,570 square feet. This lot is about 36% smaller than average and ranks in the bottom 30% citywide. In Whyte Ridge, lots tend to be even larger (averaging 6,175 sqft), so this is a notably compact yard. It’s well-suited for low-maintenance living but not for extensive gardening or large outdoor structures.
4. What does the “Top 22%” for year built mean in practice?
It means this home is newer than 78% of comparable homes across Winnipeg. Most city homes were built before 1985, and many in the 1960s or earlier. A 1991 build typically means modern framing, wiring, and insulation standards, plus the original roof and mechanicals may still have useful life depending on maintenance. Buyers often find 1990s homes easier to insure and finance than older ones.
5. How does the living area rank against other homes nearby?
Within Whyte Ridge, this home is in the bottom 21% for living area—most neighbourhood homes are larger (averaging 1,666 sqft). But on its own street, it’s above average. So the home feels spacious within its immediate block, but is compact compared to the broader neighbourhood. This is common for homes on smaller infill lots or in older sections of a subdivision.