40 Shillingstone Road — Property Summary

Key Characteristics & Buyer Profile

This 1,957 sqft home built in 1988 sits on an 8,164 sqft lot in the Whyte Ridge neighbourhood of Winnipeg. The property ranks exceptionally well by living area — top 5% on its street and top 12% citywide — meaning it offers noticeably more interior space than most comparable homes in the area. Its assessed value of $565,000 also sits in the top 8% on Shillingstone Road and top 11% citywide, reflecting both size and desirability.

Where the property stands out less is in its age relative to the immediate neighbourhood. While the 1988 build is actually newer than the citywide median of 1966, it falls below the Whyte Ridge neighbourhood average of 1994, ranking in the bottom quarter locally. This matters because buyers in this area tend to skew toward newer construction, so the home's appeal will depend more on its living space and lot size than its vintage.

The land itself is a strong asset — 8,164 sqft ranks top 12% within Whyte Ridge and top 11% citywide. That's a generous lot for an established Winnipeg suburb, giving room for expansion, landscaping, or outdoor living.

Best suited for: Buyers who prioritize interior square footage and outdoor space over a brand-new build. Families who need room to spread out, or anyone looking for a well-sized home on a larger lot in a mature suburban setting, will find this property compelling. It may also appeal to value-conscious buyers who recognize that the slightly older construction (relative to the immediate area) could offer a better price-per-square-foot than newer nearby homes.

Five Possible FAQs

1. How does this home compare to others currently for sale in Whyte Ridge?
It's larger than average for the neighbourhood in both living area and lot size. The assessed value is above the local median, but the year built is older than most recent listings. If newer finishes are a priority, you may need to budget for updates; if square footage matters more, this stands out.

2. Is the assessed value a reliable indicator of market price?
Assessed value is a lagging indicator based on municipal evaluations, not current market conditions. In a competitive market, sale prices can exceed assessed values. That said, the ranking data shows this property is consistently valued above comparable homes across all three geographic scopes, which suggests a strong baseline.

3. Why is the year built ranked lower within the neighbourhood than citywide?
Whyte Ridge has a higher concentration of homes built in the mid-1990s, so a 1988 build is older than many nearby properties. Citywide, however, the median build year is 1966, so this home is still newer than most homes across Winnipeg. The disconnect simply reflects that the neighbourhood skews newer than the city as a whole.

4. What practical advantages does the larger lot offer?
An 8,164 sqft lot provides more flexibility for additions, a detached garage or workshop, extensive gardens, or a larger deck and play area. It also means more distance between neighbours compared to newer infill developments with smaller lots. Zoning and setback rules would need to be checked before planning any major additions.

5. How reliable are the ranking data used here?
The rankings are drawn from a dataset that includes over 194,000 citywide comparables. They're useful for understanding where this property falls relative to similar homes, but the methodology uses a rough median benchmark and broad tiers. For precise comparisons, the neighbourhood analysis map (linked below) allows side-by-side property comparisons for year built, living area, assessed value, and lot size.