110 Portwood Road – Property Summary
Key Characteristics & Buyer Appeal
This is a 1,954 sq ft home built in 1992 on a 6,032 sq ft lot in Whyte Ridge. What stands out is the living space: it's above average compared to other homes on the same street (top 26%), within the neighbourhood (top 21%), and even more so citywide (top 12% in Winnipeg). That means it offers noticeably more room than many comparable properties nearby.
The assessed value of $530,000 sits around the average for both the street and the neighbourhood, which suggests you're getting that extra square footage without paying a premium relative to what's typical in the area. The lot size and year built are also fairly typical for Whyte Ridge—nothing unusual there.
The appeal here is likely for someone who wants a bit more interior space than what's common in the neighbourhood, but without stretching beyond what the local market considers standard pricing. It's not a standout in terms of land or age, so the living area is the main differentiator. This could suit buyers who prioritize room to spread out—families, people working from home, or anyone who finds many homes in this price range feeling a bit tight. The home is also in a reasonably established area (Whyte Ridge has been built out for decades), so you're buying into a stable, mature neighbourhood rather than a new development.
Frequently Asked Questions
1. How does the living space compare to other homes on the street?
The 1,954 sq ft living area ranks 11th out of 43 comparable homes on Portwood Road, putting it in the top 26%. That means only about a quarter of homes on this street have more space.
2. Is the assessed value higher or lower than similar properties nearby?
It's essentially on par. The assessed value of $530,000 is around average for the street (median is $533,600) and the neighbourhood (median is $529,600). It's higher than the citywide median for comparable homes, but that's expected given Whyte Ridge's location.
3. How old is the home compared to others in Whyte Ridge?
Built in 1992, it's slightly older than the neighbourhood median of 1994, but that difference is minimal. Within the street itself, it ranks in the top 30% for newer construction, so it's not one of the oldest homes on Portwood Road.
4. What's the lot size like—is it bigger or smaller than average?
At 6,032 sq ft, it's a bit smaller than the street average of 6,401 sq ft and the neighbourhood average of 6,175 sq ft. It's also below the citywide median for comparable homes (6,570 sq ft). So the lot is on the smaller side, though not dramatically so.
5. How does this home compare to others citywide?
Citywide, the home ranks in the top 12% for living area and top 15% for assessed value among nearly 200,000 comparable properties. The lot size and year built are more in the middle range. So the living space is the strongest selling point when viewed across the entire city.