248 Vineland Crescent – Property Summary
Key Characteristics & Ideal Buyer
This 1997-built home in Whyte Ridge offers 1,535 square feet of living space on a 4,398-square-foot lot. Its standout feature is assessed value: at $521,000, it ranks in the top 17% citywide, suggesting strong value relative to the Winnipeg average of $390,100. The living area is also above average citywide (top 29%), though it sits slightly below the street and neighborhood averages. The land area is on the smaller side—ranking in the bottom third locally—which keeps maintenance manageable but limits outdoor space. The home’s appeal lies in its balance: it’s newer than most Winnipeg homes (top 19% citywide for year built), with an assessed value that outperforms both the street and area averages. It would suit buyers who prioritize a well-valued, modern suburban home over a large yard—particularly first-time buyers or those downsizing who want a turnkey property in an established neighborhood without paying a premium for extra land.
Five Frequently Asked Questions
1. How does this property’s assessed value compare to others on the same street?
It’s slightly below the street average of $534,300 (ranked 73rd out of 111), but the gap is modest and the home still lands in the top 17% citywide, indicating strong comparative value.
2. Why is the land area ranked low even though it seems adequate?
On Vineland Crescent and in Whyte Ridge, lots tend to be larger—5,605 and 6,175 square feet on average, respectively. At 4,398 square feet, this lot is below those benchmarks, but it aligns closely with the typical Winnipeg lot size (average 6,570). So the low ranking reflects local expectations more than a genuine space issue.
3. Is the living area too small for a family?
At 1,535 square feet, it’s slightly under the street average (1,669) but above the citywide average (1,342). It’s comparable to many three-bedroom suburban homes of this era. For a small to medium family, it’s likely functional; for buyers expecting larger modern open-plan layouts, it may feel compact.
4. What does the year built tell me about the home’s condition?
Built in 1997, it’s newer than the Winnipeg average (1966) and newer than or equal to most homes in Whyte Ridge and on Vineland Crescent. While not a new build, it predates the major material and code changes of the 2000s. Expect typical late-90s construction standards—solid, but not updated for current energy or design trends unless renovations were done.
5. How does this property rank compared to others in Whyte Ridge overall?
It’s middle-of-the-pack: around average for living area (top 59%) and assessed value (top 44%), but below average for lot size (top 88%). Year built is a slight advantage (top 30%). Essentially, it’s a typical, well-priced home in the neighborhood rather than an outlier in any direction.