Property Summary: 10 Sandown Point
Key Characteristics & Appeal
This home offers 1,737 square feet of living space, placing it in the top 20% city-wide and above average on its street. Built in 1995, it is newer than most homes in Winnipeg (top 20% city-wide) and comparable in age to others in Whyte Ridge. The assessed value sits at $515,000, which is close to the neighbourhood average but well above the city average of $390,000—reflecting the area's stronger market. The trade-off is a smaller lot: 4,433 square feet, which ranks near the bottom on its street and falls below typical lot sizes in the community.
The appeal lies in the house itself—more interior space than many nearby homes, a relatively modern build, and a value that aligns with the neighbourhood without being overpriced. Buyers get a solid, well-sized home without paying a premium for a large yard. This property suits someone who prioritizes indoor living space and a recent build over outdoor land, or who wants to enter Whyte Ridge—a stable, established Winnipeg suburb—without taking on the highest-priced or largest-lot property on the street.
Frequently Asked Questions
1. How does this home’s lot size affect its value?
The lot is smaller than most on the street and in the neighbourhood. For some buyers, this means less yard maintenance and a lower purchase price relative to homes on larger lots. For others, it might feel tight. It shifts more of the home’s value into the house itself rather than the land.
2. Is the assessed value of $515,000 realistic for the area?
Yes. It falls near the middle of Whyte Ridge valuations and is slightly below the neighbourhood average of $530,000. Given the home’s above-average living space and modern build, the assessment appears balanced—neither a bargain nor an outlier.
3. What does the “top 20% city-wide” ranking for living area actually mean?
Compared to every other home in Winnipeg, this one has more square footage than about 80% of them. That’s a strong statistic, especially given the city’s average is 1,342 sq ft. It’s a genuinely spacious home by local standards.
4. How does a 1995 build hold up today?
Homes from the mid-1990s in Winnipeg are typically well-constructed and have had time for major systems (roof, furnace, windows) to be updated or assessed. They lack modern open-concept layouts and high-efficiency standards but are generally solid, with fewer headaches than older stock. Buyers should still budget for renovations over time.
5. Who is this property not a good fit for?
Anyone needing a large yard—for gardening, kids’ play equipment, or privacy—will likely find the lot too small. Also, buyers seeking a turnkey property with no updating needed should verify the condition of mechanicals and finishes, as a 1995 home may not feel current in every room.