This two-storey home in Whyte Ridge, built in 1987, offers 1,647 square feet of living space on a notably large 6,572-square-foot lot. The land is its strongest asset: it ranks in the top 17% on the street and top 26% in the neighbourhood for size. The living area is around average for the area and slightly above average citywide, while the assessed value ($485,000) is below the street and neighbourhood averages but above the citywide median, reflecting a trade-off between a desirable lot and a home that hasn’t been fully updated to current local price levels.
The property’s appeal lies in its combination of generous outdoor space with a quieter, established street setting. The year built is older than most nearby homes, which may deter buyers seeking a newer or recently renovated interior but will appeal to those who value mature landscaping, larger lots, and the potential to add value through updates. This home would best suit buyers who prioritize lot size and location over turn-key condition—such as families wanting room for a garden, additions, or play space, or investors looking for a property with solid bones in a stable neighbourhood that allows for gradual improvement.
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How does the assessed value compare to similar homes nearby?
The home’s assessed value is below the Whyte Ridge average ($529,600) and significantly below the street average ($534,100), ranking in the bottom 10% on Scurfield Boulevard. Citywide, however, it sits above the average ($390,100) in the top 22%. This suggests the home is one of the more affordable options in its immediate area.
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Is the lot unusually large?
Yes. At 6,572 square feet, it’s above average on the street (where most lots are around 5,755 sqft) and in the neighbourhood (average 6,175 sqft). It’s almost exactly the citywide average for comparable homes, but in this built-up suburban context, that translates to more outdoor space than most of its immediate neighbors.
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How old is the home, and does that matter?
Built in 1987, it’s older than the typical home on Scurfield Boulevard (average 1996) and in Whyte Ridge (average 1994). Citywide, it’s newer than the median (1966). The age means original systems and finishes are likely, so a home inspection is advised—but the construction era is generally considered solid, and the lot makes major renovations or additions feasible.
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What’s the living space really like compared to similar houses?
At 1,647 square feet, it’s just under the street average (1,750 sqft) and neighbourhood average (1,666 sqft), but above the citywide average (1,342 sqft). Functionally, this is a mid-sized suburban home—not cramped, but not oversized. The layout will matter for how usable that square footage feels.
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Is the neighbourhood considered a good area for resale value?
Whyte Ridge is a well-established Winnipeg suburb with stable demand. The home’s low ranking for assessed value on the street suggests it might be an entry point into a neighbourhood where homes typically sell for more. That said, the older construction and below-average street valuation mean resale value will depend on how much updating is done and whether larger lots continue to hold premium in this market.