22 Cedar Glen Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1993-built home with 1,118 square feet of living space on a 4,397-square-foot lot. Its assessed value sits at $441,000.
The property’s standout feature is its assessed value relative to the rest of Winnipeg. Citywide, it ranks in the top 30%, with a value well above the $390,100 average for comparable homes. This suggests the home holds its value better than most across the city, even though it sits below the averages for both its immediate street and the Whyte Ridge neighbourhood.
The trade-off is in size. The living area is smaller than most homes on Cedar Glen Road (top 95%) and in Whyte Ridge (top 98%), where the neighbourhood average is 1,666 square feet. The lot is also on the smaller side for the area. Year built is among the oldest on the street—ranking dead last—but citywide, a 1993 build is still newer than 79% of homes in Winnipeg.
This property would suit a buyer who prioritizes value retention and a manageable footprint over maximum square footage. It’s a good fit for someone who wants a home in an established neighbourhood without paying a premium for a larger lot or a newer build. The smaller living area and lot may also appeal to downsizers, first-time buyers, or those looking for less maintenance.
Five Frequently Asked Questions
1. Why is the assessed value above average citywide but below average on this street and in Whyte Ridge?
This is a common pattern in neighbourhoods where homes are generally larger and newer than the city average. Your home’s assessed value of $441,000 is higher than the typical Winnipeg home ($390,100), but it’s lower than the Whyte Ridge neighbourhood average of $529,600, which includes many larger, newer properties. The home does well citywide but is a modest entry point for the area.
2. How does the living area compare to typical homes in Whyte Ridge?
At 1,118 square feet, this home is significantly smaller than the neighbourhood average of 1,666 square feet. It ranks in the bottom 2% of homes in Whyte Ridge by living area, so buyers should expect a more compact layout than most of what’s available nearby.
3. Is being the oldest house on the street a concern?
Not necessarily. The home was built in 1993—that’s 31 years old, but still newer than 79% of homes citywide. It’s the oldest on Cedar Glen Road because most homes there were built in 1996 or later, but aging isn’t the same as being outdated. A well-maintained 1993 home can be more solid than a hastily built newer one. The key is to inspect the mechanicals and roof rather than focus on the year alone.
4. What kind of maintenance should I expect with a smaller lot?
A 4,397-square-foot lot is below average for Whyte Ridge (6,175 sqft average), which means less lawn mowing, snow clearing, and garden work. That’s a practical advantage for anyone wanting to minimize outdoor chores. The trade-off is less space for expansions, sheds, or a large yard.
5. How does this property rank for resale potential?
It depends on what a future buyer values. The strong citywide assessed value ranking suggests the home has held its value well, which is a positive sign. However, the smaller living area and lot could limit the pool of buyers compared to larger homes in Whyte Ridge. It may appeal most to buyers who prioritize affordability and location over square footage—a steady but narrower market.