328 Columbia Drive – Property Summary
Key Characteristics & Buyer Profile
This 1,639 sqft home in Whyte Ridge, built in 1988, sits on a 5,532 sqft lot with an assessed value of $526,000. What stands out immediately is the living space: it's above average citywide (top 23%), but roughly average for its own street and neighbourhood. The assessed value, however, tells a different story—it ranks 5th out of 37 homes on Columbia Drive (top 14%), punching well above the street average of $503k. That suggests the home carries value beyond just square footage, likely due to location, condition, or upgrades not captured in the raw data.
The land is where this property diverges from expectations. At 5,532 sqft, it's on the smaller side for the street (ranked 33 out of 37) and sits right at the neighbourhood median. Buyers who prioritize a large yard over interior space may find this limiting. Conversely, those who want more finished living area without the maintenance of a sprawling lot will appreciate the efficient use of land.
The year built (1988) is also worth noting: it's newer than the citywide average but older than most homes in Whyte Ridge, where the neighbourhood average is 1994. That means this property may lack some of the modern open-concept layouts common in newer builds, but it also avoids the premium pricing attached to brand-new construction.
Who this suits: Buyers looking for a solid, well-valued home in an established neighbourhood—particularly those who prioritize interior square footage and assessed value over lot size. It's a good fit for someone who wants a home that's neither the newest nor the largest on the block, but offers strong relative value. Not ideal for buyers seeking a premium lot or a recently built home.
Frequently Asked Questions
1. How does this home's value compare to others on the same street?
It ranks 5th out of 37 homes on Columbia Drive for assessed value, placing it in the top 14%. The street average is $503k, so this property is priced noticeably higher—likely reflecting a combination of its larger-than-average living area and desirable position within the street.
2. Is the lot size considered small for the area?
Yes, relative to the street. It's ranked 33 out of 37, meaning most neighbours have larger lots. But at the neighbourhood level, it's exactly average (ranked 1,197 out of 2,382). So it's not unusually small for Whyte Ridge overall—just smaller than what's typical on Columbia Drive specifically.
3. How does the living space compare to similar homes citywide?
Above average. Citywide, this home ranks in the top 23% for living area among comparable properties. The city average is 1,342 sqft, so this home offers about 300 extra square feet—a meaningful difference in a market where interior space is a strong value driver.
4. Is this an older home compared to others in Whyte Ridge?
Yes. The neighbourhood average year built is 1994, so this home is about six years older than the typical Whyte Ridge property. That said, it's still newer than the citywide average (1966) and ranks 11th out of 37 on its street, suggesting it's not among the oldest on Columbia Drive either.
5. What's the main trade-off a buyer should consider?
The biggest trade-off is between interior space and outdoor space. You get a larger-than-average home (by city standards) on a smaller-than-average lot (by street standards). That can be a smart trade if you spend most of your time indoors and don't want to maintain a big yard—but it's a genuine limitation if you value outdoor entertaining, gardening, or room for children to play.