19 Battleford Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1,682 sqft home built in 1988 on a 5,400 sqft lot in Whyte Ridge, Winnipeg. Its assessed value is $488,000.
Here is where the property stands relative to others:
- Living area ranks in the top 22% citywide, but sits roughly average on its street and in the neighbourhood. You get more interior space than most homes in Winnipeg, though you are not getting the largest house on the block.
- Assessed value is below the street average ($505,400) and neighbourhood average ($529,600), but well above the citywide average ($390,100). This suggests the home is priced more modestly than its immediate neighbours, while still representing above-average value across the city.
- Year built (1988) is older than most homes on the street and in Whyte Ridge, where averages are 1989 and 1994 respectively. However, it is newer than the citywide average of 1966. The home is not the newest in the area, but it is not old by Winnipeg standards.
- Land area (5,400 sqft) is below the street and neighbourhood averages, and roughly in line with the city median. The lot is modest compared to nearby properties.
The appeal: This property offers a solid-size home on a manageable lot in a well-established neighbourhood. The assessed value sits below the local average, which may indicate better value for the square footage relative to what similar homes nearby are worth. It is not the flashiest or newest house on the street, but it is a practical, above-average home in a desirable area.
Who it suits: Buyers who want more interior space than the typical Winnipeg home offers, but do not need a large yard or the newest construction. It would also appeal to someone looking for a property that may be slightly undervalued relative to its neighbours, potentially offering room for appreciation or a more accessible entry point into Whyte Ridge.
Frequently Asked Questions
1. How does this home compare to others on Battleford Bay?
It is around average for living area, but below average for assessed value, year built, and lot size. It ranks near the bottom of the street in age and land area, but is close to the middle in size. The value is lower than most neighbours, which could be due to the older construction or smaller lot.
2. Why is the assessed value lower than the street and neighbourhood averages?
The main factors are likely the smaller lot (5,400 sqft vs. over 6,000 sqft average) and the older construction (1988 vs. 1989 on the street, 1994 in Whyte Ridge). Assessed value reflects a combination of size, age, condition, and location. In this case, the home’s modest lot and age likely pull its value down relative to newer or larger properties nearby.
3. Is the lot size a concern?
It depends on your needs. At 5,400 sqft, the lot is smaller than most on the street (average 6,056 sqft) and in the neighbourhood. If you want a large yard for gardens, a workshop, or space for kids to run, this may feel tight. For lower maintenance and less yard work, it is a plus.
4. How old is the home, and what should I look out for?
Built in 1988, the home is now over 35 years old. Typical considerations for this era include the condition of the roof, windows, furnace, and hot water tank. It is worth checking if major systems have been updated. The home is newer than most in Winnipeg but older than much of Whyte Ridge, so it may not have the same modern finishes as newer builds.
5. Is this a good investment?
The property is assessed below the street and neighbourhood averages, but above the citywide average. This could mean it offers better value for the square footage compared to other homes in Whyte Ridge. If you are willing to accept an older home and a smaller lot, you may be paying less than you would for a newer or larger-lot property nearby. However, the lower assessed value also reflects its relative position on the street, so future appreciation may be tied to how the neighbourhood overall performs.