98 Portwood Road – Property Summary
Key Characteristics & Buyer Profile
This 1,958-square-foot home on Portwood Road sits on a 5,516-square-foot lot and was built in 1992. Its standout feature is interior space—it ranks in the top 12% citywide for living area, well above both the Winnipeg average of 1,342 sq ft and the Whyte Ridge neighbourhood average of 1,666 sq ft. The assessed value of $560,000 also falls in the top 12% citywide, reflecting the home’s size and location. The lot itself is close to average for the area—not oversized, but in line with what’s typical along this street and in the community.
Where the property really appeals is in offering above-average square footage without an unusually large yard. That makes it a practical choice for buyers who want generous interior living space—rooms that feel spacious, room for a home office or growing family—but don’t need the upkeep of a big lot. It’s also in Whyte Ridge, a well-established Winnipeg neighbourhood, and the 1992 build puts it newer than the city median of 1966 while fitting right in with the surrounding homes.
This home would suit buyers who are space-conscious rather than lot-conscious—families who prioritize interior room, or people who see a slightly smaller yard as less maintenance. It’s less ideal for someone wanting a large private lot or a brand-new build. The assessed value is high for the area, so budget-minded buyers should factor that in, but for someone seeking established neighbourhood character with a roomy floor plan, this ticks those boxes.
Frequently Asked Questions
1. How does this home’s lot size compare to others nearby?
The 5,516 sq ft lot is close to the average for both Portwood Road (6,401 sq ft) and Whyte Ridge (6,175 sq ft). It’s a typical size for the area—not especially large or small.
2. Is this property newer or older than most homes in the neighbourhood?
It was built in 1992, which is slightly newer than the street average of 1993 and just a year behind the community average of 1994. Against Winnipeg as a whole, it’s considerably newer—the city median build year is 1966.
3. What does the assessed value of $560,000 mean for property taxes?
Assessed value directly affects property taxes. This home’s assessment is higher than average for the street and neighbourhood, and in the top 12% citywide. Buyers should expect above-average annual taxes relative to other Whyte Ridge homes, though final amounts depend on current mill rates.
4. How does the ranking system work for living area and lot size?
The rankings compare this property against similar homes on the same street, in Whyte Ridge, and across Winnipeg. A higher rank (smaller number) means the home is larger (or newer, or higher-assessed) than more of its peers. For example, rank 23,174 out of 194,458 citywide means it’s bigger than about 88% of Winnipeg homes.
5. What kind of buyer would this home not suit well?
It wouldn’t be a strong fit for buyers wanting a large, private yard or those seeking a brand-new home with no updates. The lot is standard, not expansive, and a 1992 build may need some modernizing depending on what’s been done. Also, the higher assessed value means ongoing tax costs are above the neighbourhood norm.