58 Breckenridge Close – Property Summary
Key Characteristics & Buyer Profile
This 2,306 sqft home, built in 2004, stands out most for its living space. Citywide, it ranks in the top 5% for size, and even on its own street it's one of the larger homes (top 16%). The assessed value of $599,000 is strong for the area—top 10% within Whyte Ridge and top 8% across Winnipeg—suggesting the property holds its value well. The land area is smaller than average for the neighbourhood (4,985 sqft, ranking in the bottom quarter on the street), so the appeal is clearly indoors rather than outdoor footprint.
The year built is a notable strength: it's the newest home on Breckenridge Close and in the top 5% for the neighbourhood, where the average home was built in 1994. That means newer construction standards, likely fewer immediate renovation needs, and a more modern layout compared to many surrounding properties.
Who it suits: Buyers who prioritize interior space and a newer build over a large lot. It would work well for a family that wants generous living areas, or someone who values a move-in-ready home in an established neighbourhood without wanting to tackle major updates. It may appeal less to those hoping for a big yard or a more private, sprawling property.
Frequently Asked Questions
1. Why is the assessed value relatively high for the lot size?
The value is driven more by the large living area and newer construction than by land size. Many older homes in the area have bigger lots but smaller, dated interiors. The home's square footage and year built place it well above the citywide average, which supports the higher assessment.
2. Is a lot under 5,000 sqft unusual for Whyte Ridge?
Slightly. Most homes in the neighbourhood sit on larger parcels (average around 6,175 sqft). This home is in the smaller quarter for land in the area, which is typical of newer infill or higher-density pockets within the neighbourhood. It's not uncommon, but it's worth noting if you're used to a larger yard.
3. How does the home compare to others built around the same time?
Very favourably. It's one of the newest homes on its street and in the top 5% for the area. Most comparable homes nearby were built in the mid-1990s or earlier, so you're getting a decade or more of extra modern construction, which can mean better energy efficiency, layout, and materials.
4. Does the ranking system adjust for different home styles (e.g., bungalows vs. two-storeys)?
Not directly. The rankings compare this property against "comparable homes" in each scope, but that typically means similar property types (single-family detached). It doesn't fully account for style differences. So a large two-storey home may rank higher simply because it has more square footage than a ranch-style bungalow on the same street.
5. What's the trade-off with the smaller land area in practical terms?
Less yard maintenance, but also less space for gardens, play areas, or future additions like a garage extension or shed. If you value low upkeep and more time indoors, it's a benefit. If you were hoping to expand the house or need significant outdoor space, you'd want to look at properties with larger lots—likely older homes nearby.