22 Harradence Close

22 Harradence Close – Property Summary

Key Characteristics & Buyer Fit

This is a 1991-built single-family home in Whyte Ridge, with a living area of 1,588 sqft on a 6,058 sqft lot. Its assessed value sits at $518,000. The home performs strongest relative to the rest of Winnipeg: it ranks in the top 26% citywide for living space, top 17% for assessed value, top 22% for newer construction, and top 29% for lot size. On its own street, it’s the newest home (ranked 1st out of 14) and has a lot that’s slightly above the street average. Within the broader Whyte Ridge neighbourhood, it falls close to the middle across all metrics—neither undersized nor oversized for the area.

The appeal here is balance. The home isn’t the biggest or most expensive on its street, but it’s newer than most nearby, with a solid lot and living space that tracks closely with the neighbourhood average. That makes it a practical option for buyers who want a well-positioned, reasonably current home in an established suburban community, without paying a premium for the largest or newest house in the area. It would suit families or couples looking for a stable, middle-of-the-road property in a neighbourhood with consistent resale dynamics—nothing flashy, but nothing risky either.

Frequently Asked Questions

1. How does this home compare to others in Whyte Ridge?
It’s very close to the neighbourhood average for both living area and assessed value, ranking in the 53rd and 46th percentiles respectively. The lot is slightly smaller than the community average (6,058 sqft vs. 6,175 sqft), but the home is a few years newer than the typical Whyte Ridge property (1991 vs. 1994 average).

2. Is the assessed value of $518,000 high for this street?
It’s above the street average of $495,000, ranking 4th out of 14 homes. That reflects the newer construction and slightly larger lot compared to other houses on Harradence Close, rather than an unusually high price per square foot.

3. What does “1991 build” mean in terms of maintenance or updates?
The home is roughly 33 years old. While it’s newer than the citywide average (1966), it’s older than the Whyte Ridge community average (1994). Buyers should expect typical mid-90s-era construction and plan for possible updates to systems like HVAC, roofing, or windows depending on when they were last replaced. The age is a relative strength for the street, but not unusually recent by broader suburban standards.

4. How does the lot size compare to other homes in Winnipeg?
The 6,058 sqft lot ranks in the top 29% citywide, which means it’s larger than average for the city. However, it’s slightly below the Whyte Ridge average (6,175 sqft), so it’s not oversized for the neighbourhood. The street itself has somewhat smaller lots on average (5,889 sqft), so this home’s lot is a bit more generous than its immediate neighbours.

5. Would this property be a good investment for resale?
That depends on how the neighbourhood trends. Whyte Ridge is an established area where most homes are close to the community averages in size, age, and value. This property fits that pattern well, which can be a double-edged sword: it’s unlikely to underperform the market, but it also may not see outsized appreciation unless the street or community sees a broader shift. Its strength is stability rather than speculation.