18 Phimister Close – Property Summary

Key Characteristics & Buyer Profile

This is a 2006-built home with a living area of 2,481 square feet on a 10,062-square-foot lot. The figures place it well above average across three levels: on its own street (Phimister Close), within the Whyte Ridge neighbourhood, and citywide in Winnipeg. It ranks in the top 2% for living area within Whyte Ridge, top 3% for assessed value citywide, and top 1% for newer construction within the neighbourhood. The assessed value is $707,000.

The appeal lies in the combination of generous interior space and a large lot, both of which are increasingly uncommon in newer developments. The home is also relatively young for the area, meaning systems and structure are likely modern. For buyers, this reduces the immediate maintenance burden often associated with older homes in established neighbourhoods. The property sits on a cul-de-sac (a close), which tends to offer quieter traffic patterns and a more private setting than a through street.

This property would suit buyers who want a newer, move-in-ready home without compromising on lot size. It also fits families or individuals who prioritize square footage and outdoor space over a central or trendy location, since Whyte Ridge is a suburban neighbourhood. Investors may find the value-add potential limited, given the home already ranks highly in its peer group.

Five Possible FAQs

1. How does the assessed value compare to what I might actually pay?
The city's assessed value of $707,000 is a benchmark for property tax calculation, not a market price. In a competitive market, homes with strong rankings like this one often sell above assessed value. Check recent sales on Phimister Close and nearby streets for a realistic range.

2. Is a 10,000-square-foot lot actually usable, or is it mostly odd-shaped?
The ranking data doesn't specify lot shape or usable area versus setbacks. A 10,062-square-foot lot in a close subdivision typically means decent backyard space, but you should verify whether it's rectangular, pie-shaped, or has easements. Site plans or a survey would clarify.

3. Why does the year built rank so much higher in the neighbourhood than citywide?
That's expected. Whyte Ridge has many older homes (average 1994), so a 2006 build stands out locally. Citywide, Winnipeg includes many newer subdivisions, so a 2006 home is good but not exceptional. This means the home feels modern in its immediate surroundings, but not uniquely so across the whole city.

4. Does the cul-de-sac location affect privacy or noise levels?
Cul-de-sacs generally reduce through traffic, which tends to lower noise and increase privacy. However, being at the end of a close can also mean more foot traffic from neighbours or children playing. The actual experience depends on how many houses share the close and how visible the property is from the street.

5. How do these rankings account for differences in home quality or upgrades?
They only compare size, age, and assessed value—not condition, renovations, or design. A home with a lower living area rank but premium finishes could be more desirable than this one. The data here is a useful filter, but an in-person inspection and a look at interior photos or recent sales are necessary to judge actual quality.