130 Vineland Crescent – Property Summary
Overview & Appeal
This 1,770 sqft home, built in 1999, sits on a 6,761 sqft lot in Whyte Ridge, Winnipeg. Its key strength is a rare combination of newer construction and generous land: the house was built more recently than 82% of citywide homes, while the lot is larger than average on its own street and in the neighborhood. The living area is above average citywide (top 18%), and the assessed value of $521,000 reflects a price point that’s moderate relative to the space and land—ranking only around average on the street and in Whyte Ridge, but well above average citywide. This suggests a property that delivers more house and yard than typical for its price tier, without being the most expensive home on the block.
The appeal is strongest for buyers who prioritize yard space and a newer build over a turn-key interior or a low price. It suits families who need room for kids or hobbies, want a home that’s already solid and not a fixer-upper, and are comfortable paying a bit more than the neighborhood median for that extra land and age. It may also work for someone looking for long-term value in a stable area, where the lot size and newer construction tend to hold value better than older, smaller homes.
Five Possible FAQs
1. How does this property compare to other homes on Vineland Crescent?
On its street, it has a larger-than-average lot (top 18%) and a newer build year (top 13%). However, its living area and assessed value are roughly average, meaning you get extra yard and a newer house without paying a premium over neighboring homes.
2. Is the land size unusual for Whyte Ridge?
Yes. The lot is 6,761 sqft, which is larger than the neighborhood average of 6,175 sqft and ranks in the top 23% locally. Citywide, it’s still above average (top 19%), so it’s genuinely spacious for the area.
3. Why is the assessed value only average on the street but high citywide?
Homes on Vineland Crescent tend to have higher values than typical Winnipeg properties. Being average on that street means the price aligns with the local market, but citywide it ranks in the top 17%, reflecting that this is a more expensive pocket of the city.
4. What does the year built tell me about the home’s condition?
1999 is relatively recent—citywide, the average home was built in 1966. It’s newer than most homes in Whyte Ridge too (average 1994). That typically means fewer major systems like roof, furnace, or plumbing are near the end of their lifespan, but a specific inspection is still needed.
5. How does this home stack up for resale value?
The combination of a large lot and a newer build in a neighborhood where those are both above-average tends to support steady resale value. It’s not a distressed property or a high-risk flip, but rather a solid, middle-of-the-market home in a desirable area. The key risk is local market fluctuations, not the property itself being an outlier.