Property Overview
This 1990-built, one-storey home in Whyte Ridge offers a practical and comfortable living space on a generous lot. Its key appeal lies in a balance of established neighbourhood charm, recent updates, and a value-oriented position within the market. The home features 1,205 sqft of living space and a renovated basement, adding functional space. With an attached garage and a land area of 4,462 sqft, it ranks highly for lot size within its immediate street and the wider Whyte Ridge area.
The property suits first-time buyers or downsizers looking for a manageable single-level layout in a mature, sought-after neighbourhood. Its assessed value is notably competitive, placing in the top 20% for value in Winnipeg, which may appeal to cost-conscious buyers seeking entry into a premium area. The home’s appeal is less about sheer size and more about location stability, a renovated basement ready for use, and a lot that offers room for gardening or outdoor enjoyment compared to newer subdivisions.
Frequently Asked Questions
1. How does the living area compare to other homes nearby?
At 1,205 sqft, the living area is smaller than many contemporary builds but is quite typical for its era. It ranks in the top 6% for size within Whyte Ridge, indicating that many homes in this mature neighbourhood have similarly scaled original floor plans.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify with the seller or agent to understand the quality and scope of the renovation, and whether it includes a legal secondary suite or is simply a finished recreational space.
3. Why is the assessed value relatively low for the area?
The assessed value of $48,400 is competitive. This can be influenced by the home's age, original footprint, and the provincial assessment model, which doesn't always directly reflect current market prices. It often indicates a potentially lower property tax burden, which is a positive for monthly carrying costs.
4. Is the large lot a major advantage?
Yes. The lot size ranks in the top 14% for the neighbourhood, offering more outdoor space than many nearby properties. This is a valued feature in mature neighbourhoods where lots are often larger than in newer developments, providing privacy, room for additions, or landscaping.
5. Who would this home not suit?
It may not suit buyers looking for a modern, open-concept layout or multiple large bedrooms, as the main floor living area is modest. Those prioritizing brand-new systems or extensive square footage on one level might find newer builds in nearby areas more aligned with their needs, though often at a higher price point.