22 Breckenridge Close – Property Summary
Key Characteristics & Buyer Profile
This is a 2003-built home with 2,116 square feet of living space, placing it well above average for its street, neighbourhood (Whyte Ridge), and the wider Winnipeg area. At the city level, it ranks in the top 8% for size. The assessed value is $549,000, which is slightly below the street average but above the neighbourhood and city averages—reflecting strong value relative to local and citywide benchmarks. The land area is 5,109 square feet, which is on the smaller side for the street and slightly below the neighbourhood norm.
The home’s appeal lies in its generous interior space for a relatively compact lot. This suggests a well-designed floor plan that maximizes living area without requiring a large yard. It suits buyers who prioritize square footage and a newer build (top 7% in Whyte Ridge for year built) over outdoor space—such as families who want room to spread out inside, or downsizers moving from a larger lot who still need substantial living area. The property also offers a strong value proposition: it’s priced below the street average despite being newer than many neighbouring homes, so it may appeal to buyers looking for a modern home in a stable, established neighbourhood without paying a premium for a corner lot or oversized yard.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The assessed value of $549,000 is about $29,000 below the street average of $578,200, but $19,400 above the Whyte Ridge neighbourhood average of $529,600. Citywide, it’s well above the typical comparable home ($390,100). This means you’re getting a home that’s newer and larger than many in the neighbourhood, at a price that’s competitive for the street.
2. Is the lot size a concern for resale?
The lot is smaller than average for Breckenridge Close (5,109 sqft vs. 7,199 sqft street average). However, lot size tends to matter less to buyers when the interior is spacious and the yard is well-designed for low maintenance. In a neighbourhood like Whyte Ridge, where many lots are generous, a smaller lot can be a selling point for buyers who don’t want the upkeep of a large lawn or garden.
3. Why is the home newer than many others in the area?
Built in 2003, this home is one of the newer properties on Breckenridge Close (ranked 4th out of 19) and in Whyte Ridge (top 7%). The neighbourhood includes a mix of homes from the 1970s through early 2000s, so this property offers more modern construction, likely with better insulation, updated mechanicals, and contemporary floor plans compared to older stock.
4. What does “ranked #8 out of 19 on the street” for living area mean?
It means that of the 19 comparable homes on Breckenridge Close, this one has the 8th largest living area—so it’s about average for the street but still larger than about 58% of the homes. The bigger picture is that the street as a whole has larger-than-average homes, so “average on the street” still means well above city norms.
5. Is the property suitable for a family with kids?
Yes, likely. The living area (2,116 sqft) provides room for multiple bedrooms and common spaces. The somewhat smaller lot might mean a more compact backyard, but it’s still over 5,000 sqft—enough for a playset, patio, or garden. The 2003 build also means the home likely meets modern building codes and energy standards, which is a practical advantage for growing families.