Property Overview: 54 Caldwell Crescent, Whyte Ridge
Key Characteristics & Appeal
This 1998-built home in Whyte Ridge offers a balanced and above-average package for its location. With 2,036 sqft of living space, it sits comfortably above the city-wide average, providing ample room for a family. Its 6,318 sqft lot is notably larger than most in both the immediate area and the Whyte Ridge neighbourhood, offering valuable outdoor space. The home’s assessed value of $548,000 positions it as a premium property city-wide (top 13%), yet it is competitively priced within its own desirable crescent and community.
The appeal lies in its strong positional value. It’s a home that outperforms broader market averages in size, lot, and modern build year, while being a typical offering on its own street—suggesting a well-established, consistent neighbourhood character. It suits buyers looking for a move-in-ready family home in a mature, sought-after suburb who value space and a stable community environment over a brand-new build. A thoughtful perspective is that its "average" standing on its own street could be seen as a positive, indicating a lack of outliers and a stable, predictable streetscape, which is often a hallmark of a settled, desirable area.
Frequently Asked Questions
1. How does this home truly compare to others in Whyte Ridge?
The data shows it ranks in the top 17% for living area and top 30% for lot size within Whyte Ridge, meaning it offers more space than most homes in this popular neighbourhood. Its assessed value is in the top 26%, aligning with these above-average features.
2. What does the sold price history indicate?
The home sold in April 2020 for between $450,000 and $500,000. City-wide, that past sale price was in the top 19% for its time, reflecting the property's long-standing premium positioning.
3. Is the 1998 build year a concern?
At 28 years old, the home is newer than most in Winnipeg (top 18% city-wide). On its street, it's one of the newer homes (top 11%). This suggests major components may be more recent than in many older homes, but a standard inspection for a house of this age is still advised.
4. How stable is the property value on this street?
The assessed values on Caldwell Crescent are tightly grouped, with this home's assessment very close to the street average. This consistency can indicate a stable market with less value volatility compared to areas with more varied properties.
5. Where can I see more detailed comparisons with nearby homes?
You can use the provided neighbourhood analysis page link to view this property on a map alongside immediate neighbours, comparing year built, living area, assessed value, and lot size in detail for a direct visual context.