2 Torrington Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1,261 sqft home built in 1987 on a 5,673 sqft lot in Whyte Ridge, with an assessed value of $482k. The property’s strongest feature is its age: it’s the oldest house on its street (ranked 1st out of 17) and significantly older than the neighborhood average of 1994, while still being newer than the citywide average of 1966. That makes it a solid choice if you want a more established build without going into truly vintage territory.
The living area is below average for both the street and neighborhood – most nearby homes are around 1,500–1,600 sqft – but right at the citywide norm. The assessed value sits near the street average of $488.6k, notably below the neighborhood average of $529.6k. This suggests the home is priced more in line with its physical size than its location’s typical value, which could appeal to buyers who want to live in Whyte Ridge but don’t need or want to pay for the largest floor plan on the block.
The lot size is average for the street, neighborhood, and city – nothing exceptional, but not cramped either. The home’s citywide rankings are strongest for assessed value (top 23%) and year built (top 25%), while living area and land area sit near the median.
This property would suit: Buyers who prioritize location and value per square foot over raw space. It’s a good fit for someone who wants an older, well-established home in a neighborhood with newer stock – meaning you get the character and mature landscaping of an older property without the extreme age of pre-1970s builds. It may also appeal to investors or first-time buyers looking for a below-neighborhood-average entry point into Whyte Ridge.
Frequently Asked Questions
1. How does the assessed value compare to similar homes in the area?
The home’s $482k assessed value is slightly below the street average ($488.6k), well below the Whyte Ridge average ($529.6k), and above the citywide average ($390.1k). Citywide, it ranks in the top 23% – meaning it’s considered a higher-value property than most in Winnipeg, but a relative bargain in its own neighborhood.
2. Is the living area unusually small for the street?
Yes, at 1,261 sqft it’s the third smallest among 17 homes on Torrington Road. The street average is 1,565 sqft. However, it’s right in line with the citywide average of 1,342 sqft, so it’s not small by Winnipeg standards – just compact relative to its immediate neighbours.
3. Why does the home rank so high for year built on the street but low in the neighborhood?
The home was built in 1987, making it the oldest on the street (top 6%). But the wider Whyte Ridge neighborhood has many homes built in the mid-1990s, with an average of 1994. So while this is an early build for the immediate block, it’s still newer than most homes citywide (average 1966).
4. How does the lot size compare – is it a small yard?
Not really. The lot is 5,673 sqft, which ranks in the top 47% on the street and in the neighborhood. It’s slightly below the city average of 6,570 sqft, but only by about 14%. It’s an average suburban lot – not oversized, but certainly not small.
5. What type of buyer would get the most value from this property?
Someone who wants to live in Whyte Ridge without paying the neighborhood’s typical premium. Because the living area is below the local average, the assessed value is lower than most nearby homes. If you’re okay with a floor plan around 1,260 sqft, you get into a higher-value neighborhood at a more accessible price point than larger homes on the same street.