Property Summary: 118 Portwood Road, Whyte Ridge, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 118 Portwood Road is a well-situated property in the established Whyte Ridge neighborhood, built in 1993. Its key appeal lies in its balance of space and value within a broader city context. While the 1,565 sqft living area is slightly below the local street average, it remains competitive for the neighborhood and is notably above the Winnipeg average, offering solid space for a growing family or downsizers seeking room to breathe. The property stands out with a generously sized lot of nearly 7,900 sqft, which is well above average for both the street and the area, providing excellent outdoor potential.
The assessed value of $521k aligns closely with the immediate area, suggesting it is priced in line with its local market position. However, when viewed city-wide, this value is significantly above average, highlighting the premium associated with the Whyte Ridge location. This home would suit buyers who prioritize a larger yard in a mature, sought-after suburb over maximizing interior square footage. It’s a practical choice for those seeking established community amenities and good schools, with the understanding that the home itself is a standard offering for the area rather than a standout in its immediate vicinity.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area is slightly smaller than the average home on Portwood Road itself, but it is very typical for the wider Whyte Ridge neighborhood and is larger than the average Winnipeg home.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value is a municipal figure for tax purposes and often differs from market value. Here, it is average for the street and neighborhood, providing a benchmark, but a current market appraisal is essential for an accurate price.
3. What is the significance of the large lot size?
At nearly 7,900 sqft, the lot is a key feature, offering more private outdoor space than most comparable properties in the area. This allows for greater potential for gardening, play areas, or future additions like a deck or shed.
4. Are sold prices for this property available?
Publicly available sold price history is not displayed. Exact transaction figures require a manual lookup, which can be requested via email from the site provider to get the most accurate historical data.
5. The home was built in 1993. What should I consider?
A home from this era is likely to have undergone several updates. Key considerations would be the age and condition of major systems (roof, windows, HVAC) and interior finishes (kitchen, bathrooms), which may be due for renovation or replacement.