28 Vanderbilt Drive – Property Summary
Key Characteristics & Buyer Profile
This 1993 home in Whyte Ridge offers 1,779 square feet of living space on a 9,380-square-foot lot, with an assessed value of $876,000. The property's standout feature is its value position relative to its surroundings. On its own street, the assessed value ranks in the top 19%, while within Whyte Ridge and citywide, it sits in the top 2%—meaning this is one of the higher-valued properties in the neighbourhood and across Winnipeg.
The living area is below average for Vanderbilt Drive (where homes tend to be larger), but slightly above average for Whyte Ridge and well above the citywide median. The lot size is generous: larger than most homes on the street and in the top 8% citywide. The year built is close to the neighbourhood average but newer than most homes across Winnipeg.
Where the property is less strong: the living area is on the smaller side for the street, and the home is from 1993, which is a bit older than the street average (1996). Buyers looking for the largest home on the block may feel the square footage is modest for the price point.
This property would suit a buyer who values land and location over interior square footage. It appeals to someone who wants a large lot in an established, well-regarded neighbourhood, and who sees the assessed value as a signal of stable demand. It may also attract buyers who plan to renovate or expand, given the lot size and the fact the home is not the newest or largest on the street. It is less suited to someone seeking a turn-key, maximally updated home with premium square footage relative to neighbours.
Five Frequently Asked Questions
1. How does this home's size compare to others in Whyte Ridge?
It’s slightly above average for the neighbourhood. Whyte Ridge homes average 1,666 square feet, so 1,779 sqft puts it in the top 37%. But on Vanderbilt Drive itself, homes tend to be larger—around 2,055 sqft on average—so this property is below the street norm.
2. Why is the assessed value so much higher than the neighbourhood average?
The assessed value of $876,000 is well above Whyte Ridge’s average of $529,600. That likely reflects a combination of the large lot size, the home’s condition or upgrades, and its position in a pocket of the neighbourhood where values are higher. It’s not typical for the area—it ranks in the top 2% locally.
3. Is the lot size unusually large?
Yes. At 9,380 square feet, it’s larger than most homes on the street (where the average is 7,833 sqft) and well above the neighbourhood average of 6,175 sqft. Citywide, it’s in the top 8% for lot size.
4. How old is the house compared to others in Winnipeg?
Built in 1993, it’s newer than the citywide average (1966), but slightly older than the average on Vanderbilt Drive (1996). Within Whyte Ridge, it’s right around the neighbourhood average.
5. What does the ranking data actually mean for a buyer?
The rankings compare this property to other similar homes in each boundary. A top 2% citywide assessed value means this home is valued higher than 98% of comparable properties in Winnipeg. The street-level rankings are more specific: on Vanderbilt Drive, this home is smaller and slightly older, but has a larger lot and higher assessed value than most. The key takeaway is that you’re buying one of the pricier homes in the area, but not necessarily the biggest—which can be an advantage if you want more land or value stability, but a drawback if you want maximum interior space for the money.