Here is a clean, standalone summary of the property at 127 Invermere Street.
Property Overview & Buyer Profile
This is a 1993-built, 1,675 sqft home on a 5,369 sqft lot in Whyte Ridge, Winnipeg. Its key characteristics balance solid practicality with above-average standing in several citywide metrics.
- Key Characteristics: The home’s living space is notably larger than the Winnipeg average (top 22% citywide), while the lot size sits near the city median. The assessed value (497k) is below the Whyte Ridge neighborhood average (529.6k) but well above the citywide average (390.1k). The home was built in 1993, making it newer than roughly 80% of homes in the city.
- Where the Appeal Lies: The appeal isn’t flashy. It lies in the combination of a relatively recent build year, a comfortable interior footprint, and a valuation that undercuts the local neighborhood’s average. This suggests a property that offers more house for the money relative to its immediate surroundings. The lot is above-average for its own street, though slightly smaller than the typical Whyte Ridge parcel.
- Ideal Buyer: This property would suit a buyer who values space and a newer build over a large yard. It is a strong fit for someone who wants a home that beats citywide averages on size and age, but who is also price-conscious relative to the Whyte Ridge market. It may appeal less to someone specifically seeking a large, deep lot.
Frequently Asked Questions (FAQs)
1. How does the assessed value compare to other homes in the neighborhood?
The assessed value of $497,000 is below the Whyte Ridge neighborhood average of $529,600. This means the home is valued roughly 6% less than the typical home in the area, which could represent a relative value for buyers looking to get into the neighborhood.
2. Is the lot considered small or large for this area?
On its own street, the lot is slightly above average (top 29%). However, within the broader Whyte Ridge neighborhood, it falls below average (top 60%). The neighborhood average lot size is 6,175 sqft, while this lot is 5,369 sqft. Buyers should expect less yard space than some nearby properties.
3. How old is this home compared to other homes in Winnipeg?
The home was built in 1993, ranking it in the top 21% of homes citywide for newness. The average age of a comparable home in Winnipeg is 1966. This means the home is significantly newer than the vast majority of the city’s housing stock.
4. Does the living area feel generous compared to similar properties?
Yes, particularly at the city level. At 1,675 sqft, the living area is in the top 22% of Winnipeg homes. It is also larger than the average on Invermere Street (1,521 sqft) and the Whyte Ridge neighborhood average (1,666 sqft).
5. Why is the citywide rank for living area much higher than the neighborhood rank?
Because the comparison groups differ. The home’s size stands out more when compared against all homes in Winnipeg, where the average living area is only 1,342 sqft. Within Whyte Ridge, homes are generally larger, so this home is closer to the median. This highlights that the house is a solid-size choice for the city, but not unusually large for its own neighborhood.