55 Eglinton Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1,600 sqft home, built in 1987, sits on a 5,872 sqft lot in the Whyte Ridge neighbourhood of Winnipeg. Its assessed value is $524,000.
The property’s strongest points are its age and living space relative to the city. It places among the newest 5% of homes on Eglinton Crescent, and its living area ranks in the top 25% citywide. The assessed value also sits well above the Winnipeg average (top 16%). Within the immediate street, the home is an above-average performer on value and age, with living space and lot size landing roughly in the middle of the pack. The trade-off is that the neighbourhood around Whyte Ridge tends to have newer homes on average (1994), so this property is older compared to its immediate neighbours.
The appeal here is for a buyer who wants a solid, well-sized home that offers strong value relative to the city as a whole, without paying a premium for the newest builds in the area. It would suit someone who prioritises interior space and a reasonable lot in an established neighbourhood over having the most recent construction. The home’s age (1987) is also worth noting for buyers interested in construction quality from that era.
Ideal for: Buyers looking for a balanced, above-average property in Winnipeg—particularly those who value citywide ranking on size and value more than being in a pocket of brand-new homes. It also suits someone who wants a home that has held its value well on the street.
Frequently Asked Questions
1. How does this property's size compare to others nearby?
The living area is very close to the average for Eglinton Crescent (1,569 sqft vs. 1,600 sqft), ranking it right in the middle. The lot size is also around average for the street (5,872 sqft vs. 5,905 sqft). So you’re not getting a oversized or undersized home for the immediate block, but the living area is well above the citywide average.
2. Is the assessed value high for the area?
On the street, yes—it ranks in the top 24% of homes. That said, the neighbourhood average for Whyte Ridge is actually slightly higher ($529,600 vs. $524,000), so the home is around the middle for the broader area. It’s citywide that the value stands out most clearly.
3. Why is the home’s year built considered “Elite” on the street but “Below Average” in the neighbourhood?
Eglinton Crescent has many older homes, so a 1987 build places it among the newest there (top 5%). But Whyte Ridge as a whole has a higher proportion of homes from the 1990s, so 1987 is older relative to the neighbourhood average of 1994. This is a classic case of street-level vs. area-level context.
4. What does the “Top 25%” ranking for living area citywide actually mean in practical terms?
It means this home is larger than roughly three-quarters of comparable homes across Winnipeg. For a buyer who wants room to spread out without moving to a newer, more expensive suburban development, this offers a solid amount of interior space in an established area.
5. How does the lot size compare to newer homes in the area?
Newer homes in Whyte Ridge tend to sit on slightly larger lots (the neighbourhood average is 6,175 sqft, compared to 5,872 sqft here). So the land is a bit smaller than many nearby newer builds, but it’s still above the citywide average and typical for the immediate street.