Property Overview: 27 Cedar Glen Road, Winnipeg
Key Characteristics & Buyer Profile
This 1,556 sqft home (built 1995) sits on a 4,397 sqft lot in the Whyte Ridge neighbourhood. Its standout feature is living space: it ranks #2 out of 61 homes on Cedar Glen Road (top 3%), well above the street average of 1,249 sqft. Citywide, it’s in the top 28% for living area and top 22% for assessed value ($488,000), suggesting strong relative value. The land is on the smaller side—below average for the neighbourhood, where typical lots run around 6,175 sqft—and the home’s assessment sits slightly below the Whyte Ridge average ($529,600), meaning you’re not paying a premium for the location.
The appeal is pragmatic: you get a notably roomy interior on a quiet street without the high lot-maintenance demands of larger properties in the area. The 1995 build places it newer than roughly 80% of homes citywide, so major systems are likely mid-life rather than near replacement. What’s less obvious is that this property bucks the neighbourhood trend—Whyte Ridge skews toward larger lots and pricier homes, so this house offers a more compact footprint with generous indoor square footage, which could appeal to buyers who prioritise living space over yard space. It suits families or professionals who want room to spread out inside but prefer lower outdoor upkeep than the typical suburban lot requires.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
At $488,000, it’s above the street average ($465,300) and well above the citywide average for comparable homes ($390,100), but still below the Whyte Ridge neighbourhood average of $529,600. So you’re paying a premium for the street, but getting a relative discount versus the broader area.
2. Is the lot size unusually small for Whyte Ridge?
Yes. The lot is 4,397 sqft, which ranks in the bottom 12% of the neighbourhood. Most homes in Whyte Ridge sit on lots closer to 6,000 sqft or more. If a large yard is important, this property may feel tight; if you prefer less mowing and more interior space, it’s a deliberate trade-off.
3. How old are the major components likely to be?
Built in 1995, the home is about 30 years old. Roofs, furnaces, and water heaters in similar-era homes often get replaced around the 25–30 year mark. Buyers should confirm whether these have been updated—this isn’t an old house by city standards, but it’s at an age where some systems may need attention.
4. What does “top 3% on the street” for living area actually mean?
It means only two other homes on Cedar Glen Road have more square footage than this one. The street average is 1,249 sqft, so this house is about 300 sqft larger than most neighbours—a noticeable difference that could matter for resale or daily use.
5. Would this be a good investment property?
Possibly, but not for land appreciation. The lot size limits upside from subdivision or redevelopment. The strength lies in the interior size and below-neighbourhood purchase price relative to assessed value—if the area continues to see demand for well-maintained, moderately sized homes, it could hold value steadily. It’s less suited for someone betting on land value growth.