39 Tolcross Gate – Property Summary
Key Characteristics & Buyer Profile
This is a 1990-built home with 895 square feet of living space on a 4,016-square-foot lot, located in Winnipeg's Whyte Ridge neighbourhood. Its assessed value is $402,000.
The property's main appeal is its relative affordability within a desirable neighbourhood. While the living area and land size are below average for both the street and the wider neighbourhood, the assessed value sits around the citywide average—meaning you're paying roughly what you would for a typical Winnipeg home, but in a higher-cost area. The year built (1990) is also above average for the city, so the structure is newer than many Winnipeg properties.
This home would suit buyers who prioritize location over square footage: first-time homeowners looking to get into Whyte Ridge without stretching their budget, downsizers who want a manageable footprint in a well-established area, or investors targeting entry-level properties in a neighbourhood with solid long-term value.
Five Possible FAQs
1. How does the living space compare to other homes on this street?
It's below average. The street's average living area is 1,251 sqft, and this home is ranked 40th out of 41 comparable properties on Tolcross Gate. Buyers should be comfortable with a compact floor plan.
2. Is the assessed value fair for what you're getting?
Compared to the city as a whole, yes—the $402,000 assessment is close to the citywide average of $390,100. But it's well below both the street average ($464,700) and the Whyte Ridge neighbourhood average ($529,600), which reflects the smaller size and lot.
3. How old is the property, and does that matter in Winnipeg?
Built in 1990, which is newer than most homes across Winnipeg (citywide average is 1966). That means the mechanical systems, roof, and structure are likely in better shape than many older houses in the city, though updates may still be needed depending on maintenance history.
4. Why is the lot size ranked last on the street?
At 4,016 sqft, this is the smallest lot on Tolcross Gate. The street average is 4,470 sqft, and the neighbourhood average is 6,175 sqft. Buyers looking for yard space or potential for additions should factor this in. The lot suits those who prefer low-maintenance outdoor space.
5. How does the neighbourhood compare to the rest of Winnipeg?
Whyte Ridge ranks very high for assessed values citywide (top 38%), meaning homes in this area tend to hold value well. But this particular property sits near the bottom of the neighbourhood in terms of size and land, so it's more of an entry point into the area rather than a typical Whyte Ridge home.