134 Georgetown Drive – Property Summary
Key Characteristics & Who It Suits
This 1,690 sqft home, built in 2003, sits on a 5,490 sqft lot in Whyte Ridge, Winnipeg. Its standout feature is the year built: it ranks #1 on its street (top 1%) and in the top 7% of the neighbourhood, meaning it’s one of the newest houses in the area. Assessed at $526,000, the value is above-average citywide (top 16%) but below the street average of $726,200, largely because the street includes several larger, older homes with higher valuations. The living area is slightly smaller than the street norm (ranked 60 out of 68) but aligns closely with the neighbourhood average and exceeds the citywide median. The lot is on the smaller side for the street (top 99%) but sits around the middle of the pack for the broader neighbourhood and city.
The appeal lies in getting a relatively newer, moderately sized home in an established neighbourhood, without paying a premium for a large lot or an oversized floor plan. Buyers looking for a more recent build, modern finishes, and a manageable yard in a family-oriented area will find this property practical. It may also suit someone who wants to avoid the maintenance costs tied to older homes or the higher price tag of the street’s largest properties. Less obviously, the house’s ranking suggests it could be a solid “value play” within the street: comparable newer homes nearby tend to carry higher assessments, so the price-to-condition ratio here may be favourable.
Frequently Asked Questions
1. How does the living area compare to typical homes in Whyte Ridge?
It’s around average for the neighbourhood (ranked 1,051 out of 2,382, top 44%). You’re not getting a cramped layout, but you’re also not getting an unusually spacious one. The 1,690 sqft is a functional middle ground for most families.
2. Why is the assessed value below the street average despite the house being newer?
The street includes several much larger homes (average living area 2,245 sqft) on bigger lots, which drives up the average assessed value. This house is newer but smaller, so its assessment naturally lands lower. Compared to the rest of Winnipeg, it’s still above average—meaning you get newer construction without the street’s top-tier price.
3. Is the yard large enough for kids or pets?
At 5,490 sqft, the lot is smaller than most others on Georgetown Drive but typical for the neighbourhood. It’s big enough for a modest garden, a playset, or a small dog, but you won’t have a sprawling backyard. If a large outdoor space is a priority, this may feel tight.
4. How does the year built affect insurance or maintenance expectations?
Homes built in 2003 are generally up to current building codes, so you’re unlikely to face major issues like knob-and-tube wiring or lead pipes. However, the house is now over 20 years old, so systems like the roof, HVAC, and windows may be approaching their replacement windows—worth checking during a walkthrough.
5. What’s the resale potential or neighbourhood trend like?
Whyte Ridge is a well-established area, and being in the top 7% for newer construction means the house competes well locally. Shrinking lot sizes across newer builds could make this property more appealing over time, as buyers prioritize efficient layouts over large yards. That said, its relatively small lot compared to immediate neighbours may limit upside unless the broader street develops higher-density housing.