258 Sheffield Road – Property Summary
Key Characteristics & Buyer Profile
This 1993-built home in Whyte Ridge offers 1,961 square feet of living space on a 5,240-square-foot lot, with an assessed value of $564,000. The property’s main draw is its size relative to other homes across Winnipeg. Citywide, the living area ranks in the top 12% and the assessed value in the top 11%, meaning you’re getting a noticeably larger and more valuable home than the typical city listing. Within the Whyte Ridge neighbourhood, it sits comfortably above average for both size and assessed value (top 20%).
The trade-off shows up in the lot and build year. The lot is smaller than many on Sheffield Road and within the neighbourhood—ranking near the bottom of the street. And while a 1993 build is newer than the citywide average (which skews much older), it is actually one of the older homes on this particular street, where most were built around 1995. The house itself is solidly middle-of-the-pack for the neighbourhood.
This property will likely appeal to buyers who prioritize interior space and a higher assessed value over a large yard or a very new build. It suits someone looking for a generously sized home in an established, above-average neighbourhood, who is comfortable with a more modest lot and a home that isn’t the newest on the block. The location within Whyte Ridge offers a quieter, suburban feel while still being close to amenities.
Frequently Asked Questions
1. The living area (1,961 sqft) ranks very high citywide (top 12%). How does that compare to other homes on the street?
Interestingly, on Sheffield Road itself, the living area is only around average. This means many homes on this street are also quite large. The citywide ranking is strong largely because Winnipeg’s overall average for comparable homes is much smaller (1,342 sqft). So while you’re getting a spacious home by city standards, it won’t stand out as unusually large among your immediate neighbours.
2. The assessed value is $564,000. Is that a reliable estimate of market price?
Assessed value is a useful benchmark, but it is not the same as market value. It reflects the city’s estimate for property tax purposes and tends to lag behind market conditions. In this case, the home ranks above average on the street (top 32%) and in the neighbourhood (top 20%) for assessed value, suggesting it is positioned on the higher end locally. However, final sale price will depend on condition, upgrades, and current buyer demand.
3. The lot size (5,240 sqft) ranks very low on the street (top 89%). Is this a problem?
It depends on your priorities. The lot is smaller than most on Sheffield Road, where the average is 6,179 sqft, but it is fairly typical for Whyte Ridge overall (ranked in the middle of the neighbourhood). If you want a large yard for gardening, play structures, or future expansion, this might feel tight. If you prefer lower-maintenance outdoor space and prioritize the larger house, it is likely a reasonable fit.
4. Why is the build year (1993) considered “below average” on this street but “above average” citywide?
Because the comparison groups are different. On Sheffield Road, most homes were built around 1995, making a 1993 home slightly older than its neighbours. Citywide, the average year built for comparable homes is 1966, so a 1993 home is significantly newer than the typical Winnipeg listing. The street-level ranking simply reflects that this street was developed in a narrow time window, with most homes clustered around the same era.
5. Does the property come with a neighbourhood analysis map and side-by-side comparisons?
Yes, the listing includes a link to an open neighbourhood map analysis page. That page allows you to see this property plotted on a map relative to nearby homes, and compare details like year built, living area, assessed value, and lot size side-by-side. This can be useful for getting a clearer sense of how this home fits into the immediate area.