116 Shillingstone Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1,328 sqft home built in 1988, sitting on a 6,890 sqft lot in the Whyte Ridge neighbourhood of Winnipeg. Its assessed value is $470,000.
The property’s main strengths are its land size and relatively early construction date within the neighbourhood. The lot is above average both for Whyte Ridge (top 21%) and city-wide (top 18%), which gives it more outdoor space than many nearby homes. The year built is among the oldest on the street (top 11%), which may appeal to buyers who prefer established construction over newer builds—though it is actually newer than the citywide average by about 22 years.
The living area is slightly below the neighbourhood average, and the assessed value reflects that: it ranks lower on the street and in the area, but still lands in the top 25% city-wide. This suggests the home is priced competitively relative to its immediate neighbours, while offering better value compared to the broader Winnipeg market.
Who it suits: Buyers who want a good-sized lot in a mature neighbourhood without paying a premium for the largest house on the block. It’s a practical fit for someone who values outdoor space and a solid, older-construction home over the newest finishes or maximum square footage. Could also work for those looking to renovate or expand, given the land.
Frequently Asked Questions
1. How does the living area compare to other homes in Whyte Ridge?
It’s below average. The neighbourhood average is roughly 1,666 sqft, and this home is about 340 sqft smaller. On its own street, it’s close to the middle.
2. Is the assessed value a good deal relative to the market?
Depends on perspective. On Shillingstone Road, the average assessed value is around $511,000, so this home is about $41,000 below that. City-wide, the average for comparable homes is $390,000, so it’s above that. It sits in a middle ground—priced lower than immediate neighbours but higher than the city norm.
3. Why is the year built considered a positive here?
The home was built in 1988, which is older than most in Whyte Ridge (where the average is 1994). But city-wide, the average year built is 1966. So it’s older than the neighbourhood but newer than the city average. On its street, it ranks among the oldest homes, which can be an advantage if you prefer character or lack of modern building shortcuts.
4. How big is the lot, and how does it compare?
The land area is 6,890 sqft. That’s above average for the neighbourhood (top 21%) and the city (top 18%). It’s slightly below the average for homes on the same street (about 7,434 sqft), but still a generous lot by most standards.
5. What are the ranking tiers and colour codes about?
The rankings compare this property to similar homes within three scopes: the street, the neighbourhood, and the city. A higher rank (e.g., top 11%) means it outperforms that percentage of peers. The fill bars show how much of the peer group it beats, and the colour (red, blue, amber, gray) indicates performance tier. “Avg” refers to a rough median benchmark for that scope.