47 Cedar Glen Road: Property Summary
Section 1: Key Characteristics & Buyer Profile
This 1,295 sqft home built in 1994 sits on a notably large lot—6,310 sqft—which is its standout feature. At the street level, it ranks in the top 8% for land area, offering more outdoor space than most neighbours. The living area is also above average for Cedar Glen Road (top 10%), though it falls below the broader Whyte Ridge neighbourhood average, where homes tend to be larger. Assessed value is around average for the street but noticeably lower than the neighbourhood median, which may point to an opportunity for buyers who see value in a less expensive home in a pricier area. Citywide, the property is newer than most (top 20%) and valued above the city average.
Where this property appeals is in the balance it strikes: you get a newer build with a generous lot in a stable, established neighbourhood, without paying a premium for extra square footage you might not need. It would suit buyers who prioritize outdoor space—gardening, expansion potential, or simply room for kids and pets—over interior size. It’s also a strong fit for someone looking for a well-maintained 1990s home in Whyte Ridge who wants to avoid the higher price point of the area’s larger homes. The land and location are the real draws here; the house itself is solid but not oversized.
Section 2: Five Possible FAQs
1. How does the lot size compare to other homes in Whyte Ridge?
The land area of 6,310 sqft is above the neighbourhood average of 6,175 sqft, ranking in the top 30%. On its own street, it’s one of the largest lots—ranked #5 out of 61 homes (top 8%). So you’re getting more yard space than most nearby homes.
2. The living area is below the neighbourhood average. Is the house small?
It’s 1,295 sqft, which is slightly less than the Whyte Ridge average of 1,666 sqft, but above the citywide average for comparable homes (1,342 sqft). It’s not a small house by city standards—just smaller than some of its neighbours in this particular area. That said, the lot size gives you room if you ever considered an addition.
3. Why is the assessed value lower than the neighbourhood average?
The assessed value of $462,000 is below the Whyte Ridge average of $529,600 (bottom 89%). This likely reflects the smaller living area compared to other homes in the neighbourhood, as well as possibly age or finish level. It’s not a negative—it means the property is more affordable than many in the area, while still being on a desirable street.
4. How old is the house, and is that a concern?
Built in 1994, it’s newer than most homes citywide (top 20%). In Whyte Ridge, the average year built is also 1994, so it’s perfectly in line with the neighbourhood. A 1990s build typically means modern wiring, plumbing, and insulation compared to older Winnipeg homes, though you’d still want to check the roof, furnace, and windows for age.
5. What does “ranking” mean in the data provided?
Rankings compare this property to similar homes in the same scope (street, neighbourhood, or city). A lower rank number means a better position—for example, #5 out of 61 on the street for land area means only 4 homes have a bigger lot. The bar fill shows what percentage of peers you outperform, and the “avg” is a rough median benchmark for that group.