35 Tolcross Gate

35 Tolcross Gate – Property Summary

Key Characteristics & Buyer Profile

This 1,719 sqft home, built in 1992, sits on a 4,841 sqft lot in Whyte Ridge, Winnipeg. Its standout feature is its size and value relative to the immediate street. On Tolcross Gate, it ranks #1 out of 41 homes for living area, assessed value, and year built—placing it in the top 2% on the street for all three metrics. The assessed value of $523k is notably above the street average of $464.7k.

However, context shifts at the neighbourhood level. Within Whyte Ridge, the home is essentially average—ranking around the 42nd percentile for both living area and value. Its land area is actually below the neighbourhood average (4,841 sqft vs. 6,175 sqft), though city-wide the lot is typical. The home itself is slightly older than the neighbourhood average (1992 vs. 1994), but still newer than most Winnipeg homes.

Where the appeal lies: This property offers a clear “best on the block” dynamic. A buyer gets the largest, newest, and most valuable home on a quiet street, without paying a premium over the broader neighbourhood. It’s a strong fit for someone who values relative status within a small radius—perhaps a family who wants a clear standout on a specific street, rather than a home that competes at the city or neighbourhood level. The shorter lot depth relative to neighbours may appeal to those wanting less yard maintenance, but could deter buyers seeking outdoor space.

Suitable for: Buyers who prioritize interior space and a strong street-level profile, and are comfortable with an average-sized lot. Less ideal for those wanting a large yard or a home that surpasses neighbourhood norms.

Five Possible FAQs

1. How does the property’s value compare to others on the same street?
It’s the most valuable home on Tolcross Gate, assessed at $523k—roughly $58k above the street average. That said, the neighbourhood average is $529.6k, so you’re slightly below that broader benchmark.

2. Is the lot size considered small?
It depends on the reference point. At 4,841 sqft, it’s above the street average (4,470 sqft) and ranks 5th out of 41 homes. But the Whyte Ridge neighbourhood average is 6,175 sqft, so the lot is noticeably smaller than many nearby properties.

3. How old is the home compared to others in the area?
Built in 1992, it’s slightly older than the Whyte Ridge average of 1994, but newer than the city-wide average of 1966. Most homes on Tolcross Gate were built around 1990, so it fits the street’s profile well.

4. Does the assessed value reflect recent market conditions?
Assessed value is a standardized estimate, not a current market price. The $523k figure is above the street average but below the neighbourhood average, which suggests it may be competitively priced for Whyte Ridge—but you’d want to compare recent sale data for a true market sense.

5. What does “Top 2% on the street” actually mean in practical terms?
It means this home outperforms 98% of the other 41 homes on Tolcross Gate in living area, assessed value, and year built. Practically, it’s the largest, newest, and most valuable property on that specific street. But since the street is relatively small (41 homes), that status doesn’t automatically translate to neighbourhood dominance.