11 Virginia Place – Property Summary
Key Characteristics & Buyer Profile
This is a 1996-built home in Whyte Ridge, Winnipeg, with 1,751 sqft of living space and a 4,001 sqft lot. Its assessed value is $528,000.
The property stands out most for its living area and overall value relative to the city. The house is larger than 81% of comparable homes citywide, and its assessed value is in the top 16% across Winnipeg. That gap is notable: while the home is priced well above the $390,000 city average for similar properties, it offers living space that also exceeds typical city homes. Within its own street and neighborhood, however, it sits squarely in the middle—neither the largest nor the most valuable on Virginia Place or in Whyte Ridge.
The lot is the clear trade-off. At 4,001 sqft, it's smaller than 91% of lots on the same street and 99% in the neighborhood. This is a home where the interior space does the heavy lifting; yard space is modest by local standards. The year built (1996) is about average for the street and slightly newer than the neighborhood average, but significantly newer than the city average (1966), meaning construction and systems are likely more modern than many Winnipeg homes.
This property would suit a buyer who prioritizes interior square footage and a solid assessed value over outdoor space. It's a good fit for someone who wants a newer, move-in-ready home in a well-established southwest Winnipeg neighborhood, without needing a large yard for gardening or recreation. It may be less ideal for buyers seeking a private, spacious lot or a fixer-upper with yard potential.
Frequently Asked Questions
1. How does this home's size compare to others in Whyte Ridge?
It's around average for the neighborhood. The 1,751 sqft living area ranks in the top 39% of Whyte Ridge homes, meaning it's slightly larger than most but not exceptionally so. The lot, however, is well below average—among the smallest in the area.
2. Is the assessed value a good indicator of market price?
Assessed value is a useful benchmark, not a guarantee. At $528,000, this home is above the Whyte Ridge average of $529,600, but well above the citywide average for comparable homes ($390,100). The higher citywide ranking (top 16%) reflects that this is a relatively valuable property in the broader Winnipeg market. Market conditions and specific updates will ultimately determine sale price.
3. What does the "ranking" data actually mean?
The rankings compare this property to other "comparable homes"—typically single-family houses of similar type and age in the same street, neighborhood, or city. A top 36% street ranking for living area means it's larger than about 64% of comparable homes on Virginia Place. The tier colors (red, blue, amber, gray) indicate how strongly it outperforms peers in each category. "Avg" is a rough median, not a mean.
4. Why is the lot so much smaller than the neighborhood average?
This is a characteristic of the specific location on Virginia Place. The street average lot size is 5,730 sqft, and the neighborhood average is 6,175 sqft. At 4,001 sqft, this property is an outlier for the area. This often happens in established subdivisions where some lots were originally smaller or have since been subdivided. It's not a flaw, but a practical trade-off for a larger house on a compact site.
5. How does the age of the home affect its appeal?
Built in 1996, this home is 28 years old as of 2024. That puts it in a sweet spot: newer than the vast majority of Winnipeg homes (average 1966), but not so new that it carries a premium for being "brand new." Buyers can expect typical late-90s construction quality, with likely original mechanicals and finishes unless updated. It avoids the lead, knob-and-tube, or aluminum wiring issues common in older homes, but may need updates to kitchens, bathrooms, or roofing before long.