103 St Albans Road – Property Summary
This property offers a well-sized home in the Whyte Ridge area, with above-average living space for both the neighbourhood and the city. It was built in 2003, making it significantly newer than many homes in the wider community and across Winnipeg. That said, the land is smaller—on the smaller side for its street and neighbourhood—and the assessed value is below the street average, even though it sits slightly above the community norm.
What makes it appealing?
You get nearly 1,860 square feet of living area in a relatively recent build, which is a practical combination for buyers who want modern construction without the premium of a brand-new house. The smaller lot keeps outdoor maintenance manageable, and the assessed value suggests potential value relative to other homes on the same street. This property would suit buyers who prioritize interior space and a newer build over a large yard, and who are comfortable with a lot size that’s modest for the area.
Who it’s for:
It works well for families or professionals who want a move-in-ready home in a established suburb, with good citywide rankings for living space and build year. Investors or first-time buyers might also appreciate the lower land component, which can keep the entry price more grounded compared to neighbours with larger lots.
Frequently Asked Questions
1. How does the living space compare to similar homes nearby?
Living area is 1,857 sqft. That’s slightly below the street average (1,889 sqft) but above the community average (1,666 sqft) and well above the city average (1,342 sqft). So it’s a solid-sized home for Whyte Ridge and a notably large space relative to most Winnipeg houses.
2. Why is the assessed value lower than the street average?
At $522,000, the assessed value is below the street average of $562,000. This likely reflects the smaller land size (4,397 sqft vs. the street’s 5,516 sqft average), even though the house itself is newer. It’s close to the community average of $530,000, suggesting the lot difference is the main factor.
3. Is the land size a drawback?
It depends on priorities. The land is smaller than most on the street (ranking 36 out of 39) and in the neighbourhood (2,099 out of 2,382). That means less yard space for gardening or large gatherings, but also less upkeep. For buyers who value indoor space and a newer home, it’s a fair trade-off.
4. How does the build year compare to other homes in Whyte Ridge?
Built in 2003, it’s newer than the community average (1994) and ranks in the top 7% for age within Whyte Ridge. This means fewer immediate concerns about older systems or structural updates, which can be appealing for buyers looking for a more modern foundation.
5. Would this property be a good investment?
It’s a newer, spacious home in an above-average community—both factors tend to hold value well. The assessed value is slightly below the street average, which might indicate room for appreciation if the neighbourhood continues to develop. However, the lot size could limit extreme upside compared to larger-land properties. It’s a solid, low-risk choice for long-term ownership rather than a quick flip.