About 19 Leander Crescent
Key Characteristics & Buyer Profile
This property stands out primarily for its generous living space. At 2,166 square feet, it ranks in the top 10% on its street, within its Whyte Ridge neighbourhood, and across all of Winnipeg. The assessed value of $624,000 also reflects its strong position—among the top 6% citywide. Built in 2002, it is newer than most homes in the area and significantly newer than the city average. The land size of 4,615 square feet is close to typical for the street but smaller than many properties in the wider neighbourhood and city.
The appeal here is the balance of size and modernity inside the home, rather than land. Buyers who prioritize interior square footage, an efficient layout, and a relatively recent build will find this property compelling. It also offers a clear value proposition: the living area ranks higher citywide than the assessed value does, suggesting you may pay less per square foot for a top-tier home than you would for something comparable in other parts of the city.
This property would suit families or professionals who need room to spread out, value newer construction over yard size, and want a home that sits well above average in its category without reaching into ultra-premium pricing. It is less suited to buyers seeking a large lot or a property in a historic or older-character neighbourhood.
Frequently Asked Questions
1. How does this home’s land size compare to typical homes in Whyte Ridge?
The lot is 4,615 square feet, which is smaller than the neighbourhood average of about 6,175 square feet. On its own street, the lot is close to average, but in the broader Whyte Ridge area, most homes sit on larger parcels of land.
2. Is the assessed value of $624,000 a reliable estimate of market price?
In Winnipeg, assessed values are a lagging indicator of market trends, but they provide a reasonable baseline. This home’s assessment ranks in the top 6% citywide, which aligns with its strong living space ranking. Still, market conditions and specific updates to the home can push actual sale prices above or below the assessment.
3. What does it mean that the home ranks in the top 7% for living area citywide but only top 6% for assessed value?
It suggests the home offers relatively high living space for its price point. Many homes with similar or lower square footage may carry higher assessments, possibly due to location, finishes, or lot size. This home may represent better value per square foot compared to those properties.
4. How does the 2002 build year compare to other homes in Winnipeg?
Most homes in the city were built in 1966 or earlier, so a 2002 construction is relatively modern by local standards. It also aligns well with the average build year on Leander Crescent itself. Buyers can expect newer mechanical systems, building code updates, and generally lower immediate maintenance needs than with older homes.
5. What are the key trade-offs between this home and others in Whyte Ridge?
The main trade-off is interior space versus lot size. This home offers generous living square footage that ranks very high across multiple levels of comparison, but the yard is smaller than typical for the neighbourhood. Buyers should also consider that the home’s strong rankings in size and assessment may mean it commands a price premium over the street average, though not necessarily over the citywide average for similar square footage.