32 Portwood Road, Whyte Ridge, Winnipeg
Property Overview
This home offers 1,586 square feet of living space on a 5,545 square foot lot, built in 1991. Its assessed value is $527,000.
Key Characteristics & Appeal
The property’s main strength is its strong citywide positioning. It ranks in the top 26% of Winnipeg homes for living area, and in the top 16% for assessed value, meaning you get above-average space and equity relative to the broader market. Locally, it sits right around the neighborhood average in size, value, and lot dimensions, making it a consistent, middle-of-the-pack choice within Whyte Ridge.
The lot is slightly smaller than the street average (5,545 sqft vs. 6,401 sqft), which is worth noting for buyers wanting a large yard. The build year (1991) is a bit older than the neighborhood average (1994), but newer than much of the city’s housing stock. This suggests a home that’s well-established but may lack some modern finishing touches that newer builds offer, unless updated.
The appeal lies in its balance: it’s not the biggest or most valuable home on its street, but it’s solidly above average citywide. This makes it a good fit for buyers who want dependable, middle-market value in a stable neighborhood without competing at the premium end of the market. It suits families or professionals who prioritize a consistent, well-ranked property over a standout feature like an oversized lot or brand-new construction.
Frequently Asked Questions
1. How does the lot size compare to similar homes?
The lot is slightly below the street average (5,545 sqft vs. 6,401 sqft) and roughly in line with the neighborhood median. Citywide, it’s about average. If a large outdoor space is a priority, this may not be the strongest option on the block, but it’s not unusually small for the area.
2. Is the assessed value considered high for this street?
The assessed value ($527,000) is just below the street average of $533,600, ranking in the top 44% on Portwood Road. So it’s not the highest-valued home on the street, but it’s above the midpoint for comparable properties citywide.
3. How old is the home, and is that a concern?
Built in 1991, it’s older than the Whyte Ridge average (1994) but newer than most Winnipeg homes (city average is 1966). The home is over 30 years old, so typical age-related items like roofing, windows, or HVAC may need attention if not already replaced. Buyers should factor in potential updates, but the construction era is common and well-understood in the area.
4. How does the living space rank within the neighborhood?
The home’s 1,586 sqft is close to the Whyte Ridge average of 1,666 sqft, ranking in the top 53% in the neighborhood. It’s not unusually large or small for the area, but it outperforms most homes citywide, where the average is 1,342 sqft.
5. What type of buyer would this property best suit?
It’s a strong fit for someone looking for a solid, middle-market home in a well-established Winnipeg neighborhood. Buyers who want above-average space and value at a city level, without paying a premium for a top-ranked street or lot, will find it reasonable. It may be less ideal for buyers seeking a newer home or a notably larger yard.