34 Bessboro Street N – Property Summary

Key Characteristics & Buyer Profile

This home stands out most for its size and age. At 2,208 square feet of living space, it ranks in the top 6% citywide—significantly larger than the typical Winnipeg home (1,342 sqft). It was built in 2007, placing it among the newest homes on the street (top 6%) and in the top 1% of its neighbourhood. The assessed value of $574,000 is above the citywide average but only slightly above the street average, suggesting the property is priced more for its space and modernity than for lot size or location premiums.

Its appeal lies in the combination of a spacious, relatively new home on a modest lot. The land area of 4,821 sqft is smaller than most neighbours (bottom 18% on the street), so you’re getting a well-built, large house without paying for a sprawling yard. That trade-off suits buyers who prioritize interior square footage and a newer build over outdoor space or gardening potential.

The property would suit growing families or downsizers who want a turnkey home in a well-established suburban neighbourhood (Whyte Ridge). It’s also a strong candidate for anyone who values efficiency: a 2007 build typically means better insulation, windows, and mechanical systems than older Winnipeg homes. The land-to-house ratio may also appeal to those who prefer lower-maintenance landscaping.

FAQs

1. Is the smaller lot a concern for resale value?
Not necessarily. In Whyte Ridge, larger lots are common, but this home’s newer construction and generous living area offset the lot size. Many buyers in this price range prioritize square footage and condition over land. The property ranks well citywide for assessed value (top 10%), which suggests the market doesn’t penalize the smaller lot heavily.

2. How does the home compare to others on Bessboro Street?
It’s among the newest (ranked #3 out of 49) and largest (#6 out of 49) homes on the street. The assessed value is in the middle of the pack (#19), meaning you’re getting above-average house for near-average price within this specific street context.

3. Would this property be a good investment for rental or resale?
Generally, newer homes in the top 10% of citywide assessed value tend to hold value well, provided the neighbourhood remains stable. Whyte Ridge is an established area with above-average home ages (~1994), so this property’s 2007 build gives it an edge in condition and energy efficiency. The smaller lot may limit future appreciation compared to neighbours with larger yards, but that’s partly already reflected in the value.

4. How do utility costs typically compare for a home this size and age?
A 2007 build in Winnipeg usually has better insulation and more modern windows than the city’s older housing stock (average year built: 1966). While 2,208 sqft is a lot to heat, the newer construction should keep costs more manageable than a similarly sized older home. Actual costs depend on furnace type, attic insulation, and personal usage.

5. Is this home suitable for someone who wants a large garden or yard?
Not really. The 4,821 sqft lot is below average for the street, neighbourhood, and city. If outdoor space for gardening, play structures, or a dog run is a priority, you’d likely find more room higher on the street or in other parts of Whyte Ridge. This home is designed around living area and convenience, not land.