4 Wittenberg Road – Property Summary
Overview & Appeal
This is a 1,569 sqft home built in 1992, sitting on a 5,958 sqft lot in the Whyte Ridge area of Winnipeg. Its assessed value is $571,000.
The property’s strongest feature is its assessed value, which ranks in the top 11% on its street, top 17% in the neighbourhood, and top 10% citywide. This suggests the home has held or gained value well relative to peers, likely due to its age (newer than 79% of comparable homes citywide) and good condition. The living area is slightly below the street average but well above the citywide average—meaning it’s not the biggest house on the block, but it’s still larger than most comparable homes across Winnipeg. The land area is close to the street and neighbourhood averages, so the lot is typical for the area, not oversized or cramped.
This home would suit a buyer who wants a solid, well-maintained property in an established neighbourhood without paying a premium for maximum square footage. It may also appeal to someone who values long-term resale potential—the combination of above-average assessed value, newer construction, and a typical lot in a good street rank suggests this is a stable asset, not a fixer-upper or a standout in a way that could be overpriced.
Frequently Asked Questions
1. How does this home compare to others on Wittenberg Road specifically?
It ranks 5th out of 44 homes for both assessed value and year built, putting it in the top 11% on the street. However, its living area is below the street average (1,569 sqft vs. 1,843 sqft), so it’s one of the smaller homes on the block. The lot size is close to the street average.
2. Is the assessed value realistic, or could it be inflated?
The assessed value is $571,000, which is well above the citywide average of $390,100 for comparable homes. But because it also ranks high on its own street and in the neighbourhood (top 17%), the value appears consistent with local conditions rather than an anomaly. You’d want to check recent sales on Wittenberg Road to see if assessments are keeping pace with market prices.
3. Why is the living area below average on the street but above average citywide?
On Wittenberg Road, the average living area for comparable homes is 1,843 sqft—this home is 274 sqft smaller. But citywide, the average is only 1,342 sqft, so 4 Wittenberg Road is 227 sqft larger than most comparable Winnipeg homes. This means you’re getting a home that’s modest by immediate neighbourhood standards but generous relative to the broader city.
4. What does “around average” for land area and neighbourhood ranking actually mean?
At the neighbourhood level (Whyte Ridge), the home ranks 896th out of 2,382 properties, landing in the top 38%. That’s slightly above the middle, but not noticeably big or small. Citywide, it’s top 34%—again, solidly average. If you need a large yard for gardening or play space, this lot probably won’t stand out, but it’s also unlikely to feel cramped.
5. How does the 1992 build year affect things?
Built in 1992, this home is newer than 79% of comparable homes citywide (where the average build year is 1966). It’s also newer than 89% of homes on its street. That generally means fewer major updates needed for things like wiring or foundation, but you’d still want to check the roof, windows, and HVAC—these systems are roughly 30+ years old now, depending on when they were last replaced.