This 1987-built home in Whyte Ridge offers 2,011 square feet of living space on a 6,990 sqft lot. Its strongest feature is size: the living area ranks in the top 17% on its street, top 18% in the neighborhood, and top 11% citywide. The lot is also notably generous—top 20% in Whyte Ridge and top 17% in Winnipeg—giving it more outdoor space than most comparable homes in the area.
The assessed value of $550,000 sits near the middle of Exbury Place (ranked 5th out of 12 homes) but well above the neighborhood and city averages. This suggests the home is priced competitively relative to its size and land—you’re getting more square footage for a moderate premium over the street median. The year built is average for the street but older than much of Whyte Ridge (ranked in the bottom 83%), meaning buyers should expect an established home that may need updates compared to newer builds nearby.
The property suits buyers who prioritize interior space and a sizable yard over a brand-new home or a street with uniformly high valuations. It’s a practical choice for a family or someone who values room to spread out and isn’t chasing the newest finishes. The trade-off is clear: you get above-average square footage and land at a reasonable assessed value, but the home’s age means it won’t have that “just built” feel of newer constructions in the neighborhood.
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How does the lot size compare to other homes in Whyte Ridge?
The 6,990 sqft lot is above average for the neighborhood, ranking in the top 20%. However, on Exbury Place specifically, it’s slightly below the street average of 8,849 sqft—so while the yard is generous by local standards, it’s not the largest on this block.
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Is the assessed value of $550,000 a fair price for this home?
The assessment aligns closely with the street average and sits above the Whyte Ridge average of $529,600. Given the larger-than-average living area and lot, the valuation appears reasonable—you’re paying a moderate premium for extra space, not an inflated price.
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What does the year built (1987) mean in terms of maintenance or renovations?
The home is older than most in Whyte Ridge, where the average construction year is 1994. Buyers should anticipate potential updates to systems like HVAC, roofing, or windows, depending on prior maintenance. It’s not a fixer-upper by default, but it’s not turnkey-new either.
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How does this property compare to others on Exbury Place?
It ranks near the middle for assessed value and lot size (5th and 7th out of 12, respectively). Its living area is the standout—2nd largest on the street. So if you want the most interior space per dollar on Exbury, this is a strong option; if you want the biggest yard or lowest price, you’d look elsewhere on the block.
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Who is this home not ideal for?
Buyers seeking a newer home with minimal upkeep—or those who prioritize street prestige over square footage—may find better options elsewhere in Whyte Ridge. The home’s age and mid-range street ranking mean it’s less suited to someone wanting a showpiece or a low-maintenance, recent build.