135 Monticello Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1,710 sqft home built in 1990 on a 5,490 sqft lot in the Whyte Ridge neighbourhood of Winnipeg. Its strongest feature is living space: the home is larger than 79% of comparable properties citywide, and sits above the city average by nearly 400 sqft. The assessed value of $489,000, however, is slightly below the street and neighbourhood averages, suggesting the property may offer more square footage per dollar than nearby listings.
The land area is on the smaller side for the neighbourhood—ranking near the middle on its street and slightly below the Whyte Ridge norm—so buyers looking for a large yard may want to compare. But the home’s age is a relative strength: built in 1990, it's newer than 78% of comparable homes across Winnipeg, which skew much older (average 1966). This means modern construction standards, but not so new that it carries a premium for recency.
Appeal lies in value-for-space. A buyer who prioritizes interior room over lot size, and wants a home that’s newer than much of the city’s housing stock without paying top dollar for the street, would find this property compelling. It suits families or downsizers who need above-average living area in a stable, mid-range neighbourhood, and who are comfortable with a lot that’s functional rather than expansive. It may also appeal to investors or buyers who see upside in the assessed value relative to the street median.
Five Frequently Asked Questions
1. How does this home’s size compare to others in Whyte Ridge?
The living area (1,710 sqft) ranks in the top 43% of the neighbourhood—slightly above the area average of 1,666 sqft. It’s not the largest on the street, but it’s comfortably above typical for Winnipeg overall.
2. Why is the assessed value below the street average despite being larger?
The street average includes homes with a range of finishes, lot sizes, and ages. Even though this home has more living space than some neighbours, assessed values also reflect condition, renovations, and land value. A lower assessment can sometimes mean less recent updating or a smaller lot.
3. Is a 1990-built home considered old or new for this area?
In Whyte Ridge, 1990 is close to the neighbourhood average of 1994, so it’s typical. Citywide, it’s newer than three-quarters of comparable homes, many of which date from the 1960s and ‘70s. That’s a meaningful advantage for building systems and energy efficiency.
4. How big is the lot, and is it usable?
The lot is 5,490 sqft, which is slightly smaller than the street average (5,643 sqft) and the neighbourhood average (6,175 sqft). It’s not undersized by city standards, but it ranks in the middle of the street. Expect a manageable yard rather than a sprawling one.
5. What type of buyer would benefit most from this property?
Someone who values interior space over outdoor area, wants a home newer than much of Winnipeg’s stock, and is open to a property that may need cosmetic updates or lacks premium finishes—since the assessed value suggests room for equity growth if improvements are made.