120 Invermere Street
Key Characteristics & Buyer Profile
This is a 1993-built home in Whyte Ridge with 1,374 square feet of living space and a 4,842-square-foot lot. Its assessed value sits at $480,000.
What stands out most is how the property compares across different scales. On its own street and within the neighbourhood, the home is slightly below average in size and land area. But when you zoom out to the city of Winnipeg, it flips the other way: the living area is around the citywide average, and the assessed value ranks in the top 23 percent. The year built also looks strong citywide—far newer than Winnipeg’s median of 1966.
The appeal here is subtle. This isn’t a showpiece or the biggest house on the block. Instead, it offers relative value within a desirable neighbourhood. You get a home that holds its own against the city as a whole, in an area where newer construction and established surroundings are the norm. The land parcel is modest by Whyte Ridge standards, which may matter to buyers who prioritize yard space—but it also keeps the purchase price lower than many neighbours.
Who it suits: Buyers who want a solid, unremarkable home in a well-regarded mid-’90s suburb, without paying a premium for the largest lot or the most square footage. First-time buyers who plan to stay a while, downsizers tired of older city stock, or anyone who values neighbourhood stability over headline-grabbing features.
Frequently Asked Questions
1. How does this home’s value compare to others in Whyte Ridge?
It’s below the neighbourhood average of $529,600, ranking in the bottom quarter. But that doesn’t signal a problem—it reflects the smaller living area and lot. Citywide, it’s above average and in the top 23 percent, which suggests solid long-term value.
2. Is the living space too small for a family?
At 1,374 square feet, it’s typical for a Winnipeg home and slightly larger than the city median. It’s not sprawling, but it’s workable for a small family or couple. The layout will matter more than the number.
3. Why is the lot considered “below average” in Whyte Ridge but “around average” citywide?
Many homes in Whyte Ridge sit on larger lots—the neighbourhood average is 6,175 square feet. This lot of 4,842 is smaller by local standards, but still in line with what many Winnipeg homes offer. If you’re used to tight urban lots, this will feel spacious.
4. How does the 1993 build hold up compared to newer homes?
Structurally, 1993 is solid—beyond the era of problematic materials like aluminum wiring or lead paint, but old enough that any major systems (roof, furnace, windows) may be due for replacement. It’s recent enough to feel modern, but not so new that you’re paying for brand-new finishes.
5. What should I look for beyond the numbers?
The rankings tell you the home is a middle-of-the-road option in a above-average-price neighbourhood. That can be a sweet spot for resale. But because the lot is smaller and the home isn’t the largest, you’ll want to check the actual floor plan, natural light, and how the yard functions. On paper it’s modest—in person it may feel perfectly comfortable.