37 Portwood Road – Property Summary

Key Characteristics & Buyer Profile

This is a 1992-built home in Whyte Ridge with 2,147 sq ft of living space, set on a 5,130 sq ft lot. Its assessed value is $607,000.

What stands out is the living space. It ranks in the top 8% citywide for square footage, well above Winnipeg’s average of 1,342 sq ft. On its own street (Portwood Road), it’s the 6th largest out of 43 homes, and in the broader Whyte Ridge area, it’s in the top 11% by size. The assessed value follows a similar pattern: top 7% citywide, and 4th highest on the street. So the home represents a larger-than-average floor plan at a proportionally higher valuation.

The lot is where the trade-off sits. At 5,130 sq ft, it’s smaller than average for the street (6,401 sq ft) and slightly below the community and city averages. That isn’t unusual for homes of this size in established subdivisions, but it means less yard space than some neighbours.

The build year (1992) is close to the street and community averages, but newer than the citywide median of 1966. For Winnipeg, that puts it in a solid middle-aged bracket—old enough to have mature landscaping and established neighbourhood character, but not so old that major systems are likely due for replacement unless deferred.

Who it suits: Buyers who prioritize interior square footage over outdoor space. It works well for families who need room inside—multiple bedrooms, a main-floor layout with separation, or space for a home office—but don’t require a large backyard. It also suits those who want a home that’s above average in size and value within its immediate area, without being at the top of the market. The combination of strong living area ranking and modest lot size suggests this property may appeal to someone looking for a “big house, manageable yard” arrangement.

Frequently Asked Questions

1. How does the living space compare to similar homes on the market?

At 2,147 sq ft, this home is roughly 20% larger than the average for its street (1,794 sq ft) and 60% larger than the Winnipeg average (1,342 sq ft). In Whyte Ridge specifically, it’s about 29% above the community average. That puts it in a bracket where buyers typically find three or four bedrooms, a separate family room, and more generous room dimensions—not just a larger overall footprint.

2. Why is the lot smaller than average if the house is bigger?

This is common in subdivisions built in the early 1990s. Builders often maximized floor area on standard-sized lots rather than spreading homes out. The trade-off is less yard maintenance and a closer neighbour feel, but the interior space is more generous than what you’d get on a larger lot in the same price range. If you’re comparing with newer infill homes, the lot here is actually similar or slightly larger.

3. What does the assessed value of $607,000 actually mean for taxes and resale?

The assessed value is used to calculate property taxes, so you can expect tax levels consistent with homes in that price range in Whyte Ridge. It also means the home sits in the top 7% citywide by assessed value, which reflects both its size and its position in a well-established area. Resale-wise, that ranking suggests good demand, but it also means the home is priced above most of its immediate street neighbours—so marketing and presentation matter more than they would for a mid-range property.

4. Is a 1992 build considered old or new in Winnipeg?

It’s younger than about 79% of homes citywide, where the median build year is 1966. So in a Winnipeg context, this is a fairly modern home. Within Whyte Ridge, it’s right around the community average (1994), so it fits the profile of the area. You’re unlikely to face knob-and-tube wiring, lead pipes, or asbestos insulation, but some original finishes (cabinets, flooring, windows) may be from the early 1990s depending on updates.

5. How does this property rank compared to others I might be considering in Whyte Ridge?

If you’re looking at similar-priced homes in the area, this one ranks in the top 11% for living area and top 9% for assessed value. That means it’s likely one of the bigger and more valuable homes in the neighbourhood, but not the most expensive or largest on every metric. On the street itself, it’s the 4th highest value and 6th largest—so it competes well among its immediate peers. The lot size is the main differentiator: most comparable homes in this price range will have more land, though often less interior space.