195 Vineland Crescent – Property Summary
Key Characteristics & Ideal Buyer Profile
This 2001-built home in Whyte Ridge offers 1,490 square feet of living space on a 4,708-square-foot lot. Its assessed value sits at $534,000.
What stands out most is the property's age. It’s the newest home on its street — ranked #1 out of 111 — and significantly newer than the citywide average year built of 1966. For buyers who prioritize a modern build, that’s a strong selling point. The assessed value is also notably strong citywide, ranking in the top 15% across Winnipeg, which signals above-average perceived worth relative to the broader market.
That said, the property’s land area is below average both on the street and in the neighbourhood. At 4,708 square feet, the lot is smaller than many surrounding homes. This isn't necessarily a drawback, but it means less outdoor space and a tighter footprint compared to typical Whyte Ridge properties. The living area itself is around average for the street and neighbourhood, falling slightly short of the local median of about 1,669 square feet.
The appeal here is for buyers who want a newer, well-valued home in a solid area but don’t need a large yard or maximum square footage. It would suit a small family, a couple, or someone downsizing from a larger older home who still wants a relatively modern layout without paying a premium for extra land. It’s less ideal for buyers who prioritize outdoor space or extensive square footage.
Frequently Asked Questions
1. How does this property’s value compare to others in Whyte Ridge?
The assessed value of $534,000 is slightly above the neighborhood average of $529,600, ranking in the top 34%. Citywide, it’s significantly stronger, landing in the top 15%. This suggests the home holds its value well relative to the broader market.
2. Is the smaller lot size a major downside?
It depends on your needs. The lot is below average for both the street and the neighbourhood, meaning you’ll have less yard to maintain. For buyers who prefer low-maintenance outdoor space or don’t garden, this could actually be a benefit. It’s worth checking the exact lot layout to see how usable the space is.
3. How does the living space feel compared to other homes in the area?
At 1,490 square feet, it’s about 10% smaller than the street average of 1,669 square feet. The home won’t feel cramped, but you’ll notice the difference in rooms like a basement or bedrooms compared to larger neighbours. If efficient use of space matters more than raw square footage, this shouldn’t be a problem.
4. Why is the year built such a strong point here?
Most homes on Vineland Crescent were built in the late 1990s, and the citywide average is mid-1960s. A 2001 build means newer construction standards, updated electrical and plumbing, and likely better insulation and windows. It also means less immediate need for major renovations compared to older homes.
5. Is this home a good investment for resale?
The strong citywide assessed value ranking (top 15%) suggests solid market positioning. However, the smaller lot and average living area could make it less competitive against similar-priced homes with more land or space. Its biggest resale advantage is likely its newer age, which appeals to buyers who want modern without paying new-construction prices.