Key Characteristics & Buyer Profile
This 1994 home in Whyte Ridge offers 1,046 square feet of living space on a 4,397-square-foot lot, with an assessed value of $435,000. Its strongest selling point is the price: it sits in the top third city-wide for tax value but remains below average for its own street and neighbourhood. In other words, it’s priced to move relative to its direct competition. The home itself is typical of its era, with a build year close to the neighbourhood average and a living area that’s modest by both street and community standards. The lot is slightly smaller than what’s typical in Whyte Ridge.
The appeal here is less about standout dimensions and more about entry-point value. Buyers get into a solid, mid-’90s suburban neighbourhood at a price that undercuts most nearby homes. The city-wide ranking on assessed value (top 31%) suggests the market already recognizes this as a fair deal relative to the wider city, even if it doesn’t measure up to the higher-end homes on Cedar Glen Road specifically. This property would suit first-time buyers or downsizers looking for a manageable footprint and a more affordable entry into a well-established southwest Winnipeg community. It’s also a strong candidate for someone who values location over square footage and is willing to trade interior space for a lower price tag.
Five Possible FAQs
1. How does this home’s size compare to others in Whyte Ridge?
At 1,046 square feet, it’s significantly smaller than the neighbourhood average of 1,666 square feet. It ranks in the bottom 1% of homes in Whyte Ridge by living area. If you’re used to the typical home in this area, this one will feel compact.
2. Is the assessed value of $435,000 a good deal?
Relative to its own street, no—most homes on Cedar Glen Road are assessed higher, averaging $465,000. But compared to the city as a whole, it’s above average (top 31%), meaning you’re getting a home that’s valued higher than most in Winnipeg, but at a discount within its immediate surroundings.
3. How old is the home, and how does that compare?
Built in 1994, it’s right in line with the neighbourhood average. City-wide, it’s newer than about 80% of homes, so it’s not old by Winnipeg standards, but it’s not one of the newer infill builds either.
4. What’s the lot like?
The lot is 4,397 square feet—smaller than the Whyte Ridge average of 6,175 square feet. It’s fairly typical for the street, though, and close to the city average. Expect a modest yard, not a sprawling one.
5. Who would this home not suit?
It probably won’t work for buyers who want a large, open family home or a big lot for kids and dogs. It also may not appeal to those specifically looking for the most updated or spacious home in Whyte Ridge, since it ranks low in living area and lot size within the neighbourhood.