104 Cedar Glen Road – Property Summary
Key Characteristics & Profile
This 1996-built home in Whyte Ridge offers 1,205 square feet of living space on a 4,816-square-foot lot. Its assessed value of $476,000 sits notably above the citywide median for comparable homes, yet below the Whyte Ridge neighbourhood average. That tension is the property’s main story: you’re getting a home that ranks well within Winnipeg as a whole (top 24% by assessed value) but at a relative discount within its own neighbourhood, where the average assessment is $529,600.
The lot is generous by street standards (top 25% on Cedar Glen Road) but below average for Whyte Ridge, which tends to have larger parcels. The living area is compact compared to both street and neighbourhood norms, so the appeal rests less on square footage and more on value positioning. For a buyer who wants a newer, well-valued home in an established area without paying a premium for extra space or a oversized yard, this property makes sense. It would particularly suit someone prioritizing location and price efficiency over raw size—perhaps a downsizer, a first-time buyer, or an investor looking for relative affordability in a pricier pocket of the city.
Five Possible FAQs
1. How does the assessed value compare to what I might actually pay?
Assessed value is a market-based estimate, not an asking price. This home’s citywide rank (top 24%) suggests strong demand for properties in this range, but the neighbourhood is above-average in value overall. You might pay at or slightly above assessment depending on condition, competition, and recent sales on the street.
2. Is a smaller living area a concern in this neighbourhood?
It depends on your expectations. Whyte Ridge homes average 1,666 square feet, so this one is about 28% smaller. That could be a plus if you want less upkeep or a lower entry price, but if you’re used to newer suburban layouts with more open space, you may find the floor plan tighter than typical for the area.
3. Why is the lot size above average on the street but below average in the neighbourhood?
Cedar Glen Road has smaller lots overall (average 4,907 sq ft), so this lot beats many on the block. But Whyte Ridge as a whole includes sections with larger, deeper lots (average 6,175 sq ft), so the property lands below the broader neighbourhood median. You get a decent yard for the street, but not the premium lot that some nearby homes have.
4. Is a 1996 build considered “newer” in Winnipeg?
Yes, especially citywide, where the average comparable home was built in 1966. This property ranks in the top 19% for year built across Winnipeg. Even within Whyte Ridge, it’s slightly newer than the neighbourhood average of 1994. You avoid major vintage issues like knob-and-tube wiring or lead pipes, but you may still face typical 1990s considerations (e.g., original windows or HVAC systems depending on updates).
5. What does the “ranking” data actually tell me?
The rankings compare this home to similar properties within the same street, neighbourhood, and city. A higher rank (lower number) means the home outperforms more of its peers in that category. For example, being ranked #17 out of 61 on the street for assessed value means it’s in the top 28% on Cedar Glen Road alone. Think of it as a relative scorecard: it shows where the property stands out and where it fits in.