55 Langdale Way – Property Summary
Overview & Suitability
This is a 1,284 sqft home built in 2002, sitting on a 4,596 sqft lot in Whyte Ridge. The assessed value is $489,000.
Key Characteristics & Appeal
The property's strongest point is its age. Built in 2002, it ranks in the top 10% of homes in the Whyte Ridge neighbourhood and top 17% citywide, meaning it’s noticeably newer than most nearby homes. The assessed value sits slightly above the city average ($489k vs $390k citywide), but is actually below the Whyte Ridge neighbourhood average of $529,600. This suggests the house offers a more recent build without carrying the top-tier price premium of the area.
Where it's less competitive is land and living space. The lot (4,596 sqft) is smaller than the Whyte Ridge average of 6,175 sqft, and the living area is also below the neighbourhood norm of 1,666 sqft. So you're trading yard size and square footage for a newer construction date.
Who It Suits
This home would likely work well for buyers who prioritize a modern, well-maintained structure and are less focused on having a large yard or generous interior square footage. It could also appeal to someone who wants to be in Whyte Ridge but finds much of the existing housing stock older or priced higher. The combination of a relatively new build and an assessed value below the neighbourhood median is unusual and may signal an opportunity for a value-conscious buyer.
Frequently Asked Questions
1. How does the property’s size compare to others in Whyte Ridge?
Both the living area (1,284 sqft) and land area (4,596 sqft) are below the neighbourhood averages of 1,666 sqft and 6,175 sqft, respectively. On the street itself, the house is about average in size for its immediate neighbours.
2. Is the assessed value high for what you get?
Compared to Whyte Ridge overall, the $489k assessment is actually below the area average of $529,600. Citywide, it ranks in the top 22% of values, meaning it’s above the typical Winnipeg home. The assessment appears balanced relative to the home’s age and location.
3. Why is the year built a notable feature?
The house was built in 2002, which places it among the newest 10% of homes in Whyte Ridge and the newest 17% in Winnipeg. In a neighbourhood where the average home dates to 1994, this means fewer deferred maintenance issues common with older properties and more modern construction standards.
4. How does this property compare to others on Langdale Way?
On its street, the home is in the middle of the pack for assessed value, living area, and lot size. The standout factor on the street is its year built: it ranks #4 out of 20 homes, meaning it’s one of the newest houses on the block.
5. Would this be a good fit for someone wanting a large yard?
Probably not. The lot is smaller than both the neighbourhood and city averages. If outdoor space and a big garden are priorities, many other properties in Whyte Ridge offer significantly more land. This home is better suited to someone who values a newer interior over a large lot.