15 Beacon Hill Place: Property Summary
Key Characteristics & Buyer Profile
This 1,962-square-foot home, built in 1996, sits on a 5,280-square-foot lot in Winnipeg’s Whyte Ridge neighbourhood. Its strongest asset is living space: the home ranks in the top 12% citywide for size, outpacing both the neighbourhood average (1,666 sqft) and the citywide average (1,342 sqft). The assessed value of $584,000 also reflects this—top 9% citywide and top 14% within Whyte Ridge—suggesting the property offers above-average square footage without a proportionate jump in assessment compared to much smaller homes nearby.
That said, the lot is the smallest on the street (last out of 17 homes) and below the neighbourhood average of 6,175 sqft. The home is also slightly older than others on Beacon Hill Place (1996 vs. a street average of 1997), though it’s newer than most Winnipeg homes citywide (top 19%).
Where the appeal lies: The value proposition is in the interior space. Buyers who prioritize large rooms, open layouts, or room for a growing family will find this hard to beat in this price range. The smaller lot is a trade-off, but it also means less yard maintenance—something that can be a genuine plus for busy households or those downsizing from acreages. The assessed value indicates strong relative affordability given the square footage, which could translate to stable resale potential.
Who it suits: Families or couples who want generous interior space in a well-established suburban neighbourhood, without paying a premium for a large yard. It may also appeal to buyers who see the smaller lot as a lower-maintenance asset rather than a drawback. Less suited to someone who wants a big garden, workshop space, or privacy buffers from neighbours.
Frequently Asked Questions
1. How does the smaller lot compare to other homes in Whyte Ridge?
The lot is 5,280 sqft, which is about 14% smaller than the neighbourhood average of 6,175 sqft. On Beacon Hill Place specifically, it’s the smallest lot of 17 homes. That said, the street itself has above-average lot sizes (7,036 sqft average), so the difference feels more pronounced locally than it would in many other Winnipeg subdivisions.
2. Why is the assessed value relatively high if the lot is small?
Assessed value in Winnipeg is driven more by living area, condition, and location than lot size alone. This home’s 1,962 sqft puts it well above the citywide median for comparable homes (1,342 sqft), and the Whyte Ridge neighbourhood carries higher baseline values than many older areas. The small lot drags the assessment down somewhat, but the interior space more than compensates.
3. Is a 1996 build considered old in this market?
On this street, yes—it’s one of the older homes, with most neighbours built in 1997 or later. But citywide, 1996 is newer than 81% of Winnipeg homes (median year built is 1966). So it’s a mixed picture: dated relative to its immediate street, but modern compared to the broader city stock. This can matter for things like insulation standards, wiring, and foundation type.
4. How do the rankings actually work—what does “top 12%” mean?
The property is compared against a pool of “comparable homes” (likely single-family detached houses within the same city, neighbourhood, or street segment). A top 12% ranking means it’s larger than 88% of those comparables. The bar chart fills proportionally, so a full bar indicates outperforming nearly all peers in that category. Different rankings use different peer groups—street, neighbourhood, or citywide—so a top 71% on street level isn’t necessarily bad; it just means the street has unusually large homes.
5. Could the small lot affect resale value down the road?
Possibly, but likely not dramatically. In Whyte Ridge, where lots average 6,175 sqft, a 5,280 sqft lot is still within a normal range. The bigger risk is if neighbouring homes have significantly larger lots and the street becomes known for spacious yards—then this property might sit longer or sell at a slight discount. On the flip side, shrinking household sizes and growing interest in low-maintenance living could make smaller lots more desirable over time. It’s a neutral factor, not a red flag.