139 Georgetown Drive – Property Summary
Key Characteristics & Buyer Profile
This 1,943 sqft home, built in 1999, sits on a 6,491 sqft lot in Whyte Ridge. The standout feature is its size and land: within the neighbourhood, the living area ranks in the top 22%, and citywide it's in the top 12%. The lot is also above average for both the area and the city. The assessed value of $512k is right at the neighbourhood average, though below the street average—this suggests the home offers more space for the price compared to the immediate neighbours.
Where it appeals is in the balance between space and cost. A buyer looking within Whyte Ridge will find this home offers more square footage than most nearby properties, without a premium assessed value. The 1999 build is newer than the citywide median (1966) and slightly newer than the neighbourhood median (1994), which may appeal to someone who wants a home that’s not dated but also not brand-new. It’s a practical fit for a family who wants room to spread out, a decent yard, and a location in a well-established Winnipeg suburb—without overpaying for the street’s pricier homes.
Five Possible FAQs
1. How does the assessed value compare to similar homes on the street?
The assessed value of $512k is below the street average of $726k. That gap is notable: while the home's living area is roughly average for Georgetown Drive, its value is significantly lower, suggesting either a different finish level, a smaller lot relative to the street, or a slower price adjustment.
2. Is this lot considered large for Whyte Ridge?
Yes. The land area of 6,491 sqft ranks in the top 27% for the neighbourhood, above the area average of 6,175 sqft. It's also in the top 23% citywide, so it offers more outdoor space than most Winnipeg properties.
3. Why is the street-level ranking for living area only top 63%, but neighbourhood and city rankings are much better?
Georgetown Drive itself has larger-than-average homes. At 1,943 sqft, this property is close to the street's average of 2,245 sqft, so it’s not standout within that specific street. But compared to the broader Whyte Ridge neighbourhood or Winnipeg as a whole, it's well above typical sizes.
4. How new is this home relative to other properties in the city?
Built in 1999, it's among the newer 18% of homes citywide (ranked #35,081 out of 194,458). It’s newer than the city average of 1966 and slightly newer than the Whyte Ridge average of 1994, though on the street itself it's around the middle.
5. What's the neighbourhood like, and how does the property rank within it?
Whyte Ridge is a mid-range Winnipeg suburb. This property sits in the top half of the neighbourhood for assessed value (top 50%), but well above average for living area (top 22%) and land size (top 27%). It’s a home that offers more physical space than most of its neighbours for a roughly median price.