Property Overview: 90 Sheffield Road, Winnipeg
Key Characteristics & Suitability
This is a large, well-valued home in the Whyte Ridge neighborhood, built in 1995. The standout feature is its lot: at 10,602 square feet, it ranks in the top 4% on the street, in the neighborhood, and within the top 5% citywide. The living area of 2,358 square feet is also notably generous—top 10% on the street and top 4% in both the neighborhood and across Winnipeg. Its assessed value of $668,000 places it in the top 2% on the street and top 5% citywide, reflecting both the home’s size and the desirability of the area.
The appeal lies in the combination of a spacious interior and an exceptionally large yard, which is uncommon in a mature, established neighborhood like Whyte Ridge. Most comparable homes in the area sit on lots roughly 40% smaller. Buyers are essentially getting a newer, well-built home (1995 is above the citywide average) with room to spread out both indoors and outdoors, without sacrificing a convenient suburban location. The property is best suited for families who prioritize outdoor space and square footage, or for buyers who see potential in a large lot that may offer more privacy or future landscaping opportunities than typical infill properties. It’s less ideal for those seeking a fixer-upper or a super-compact, low-maintenance property.
Frequently Asked Questions
1. Is the assessed value of $668,000 in line with recent sale prices in the area?
The assessed value is a strong indicator of market value in Whyte Ridge, but it’s not a guaranteed sale price. Homes in this price range and lot size don't sell often, so comparing it to sold data for similar properties (2,300+ sqft, large lots) on nearby streets will give the most accurate picture. The “top 2%” street ranking shows it’s one of the highest-valued homes on Sheffield Road specifically.
2. Why is the house listed as “Elite” in neighborhood rankings?
The ranking system compares this property to similar homes in Whyte Ridge. “Elite” means it falls in the top 4% for living area and lot size, and top 4% for assessed value. It’s not a subjective term—it simply reflects that, statistically, very few homes in the area match its combination of size and value.
3. How does the 1995 build year affect maintenance or upgrades?
A 1995 home is not old by Winnipeg standards (citywide average is 1966), but it’s not new either. Major systems like the roof, furnace, and windows may be nearing or at the end of their expected lifespan depending on original installation and maintenance. Buyers should budget for potential updates, but the home is not likely to require immediate, costly structural work.
4. What does a 10,602 sqft lot mean practically for outdoor use?
It’s roughly a quarter-acre, which is significantly larger than the typical 6,000 sqft lot in Whyte Ridge. This leaves room for a large garden, play structures, a workshop, or even a future addition (subject to zoning). The extra space also means less noise from neighbors and more privacy, but it will require more upkeep in terms of lawn care and snow removal.
5. Is this property a good investment for resale value?
Large lots in desirable neighborhoods tend to hold value well, especially when they are rarer than the homes on them. The combination of a 10,000+ sqft lot and a 2,300+ sqft living area in a top-10% street is a solid long-term asset. That said, property taxes will be higher than average due to the assessed value, and the resale market will depend on finding buyers who value the space premium—this is not a typical starter home.