63 Caldwell Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1997-built home in Whyte Ridge offers 2,071 sq. ft. of living space on a 6,267 sq. ft. lot, with an assessed value of $542,000. The standout feature here is size: the living area ranks in the top 9% city-wide and top 15% within the neighbourhood, significantly outpacing local and city averages. The assessed value is likewise strong city-wide (top 14%) and above the neighbourhood average, though it sits slightly below the immediate street average—meaning comparable homes on Caldwell Crescent tend to be valued a bit higher, likely due to newer build years or upgrades. The land area is near-average both on the street and in the neighbourhood, so this isn't an oversized lot; the value is more in the house itself. The 1997 build year is newer than most homes city-wide but slightly older than the average on this street, which trends toward 1998. This property would suit buyers who prioritize interior square footage over lot size or a brand-new build—families needing room to spread out, or anyone looking for a solidly built late-90s home in a well-established neighbourhood without paying a premium for the newest construction on the block. It's not a fixer-upper or a showpiece; it's a practical, above-average home in a desirable area where you get more house than most for your money.
Five Frequently Asked Questions
1. How does this home compare to others on Caldwell Crescent specifically?
On its own street, this home has more living area than average (ranked 12 out of 27) but a slightly lower assessed value (ranked 21 out of 27) and a similarly slightly older build year. This suggests that while the house is spacious, other homes on the street may have had more updates or higher-end finishes that boost their assessed value. You're getting good square footage, but likely not the newest kitchen or bathrooms relative to immediate neighbours.
2. Is the assessed value of $542,000 reasonable for the area?
Yes. The neighbourhood average assessed value in Whyte Ridge is $529,600, so this home is above that. City-wide, it's well above the $390,100 average. The street average is $565,900, so you're paying below the top end of Caldwell Crescent. The value aligns with a home that is spacious but not the newest or most updated on the block—fair pricing for what you get.
3. How old is the home, and does that matter for maintenance?
Built in 1997, the home is 27 years old. That's newer than most homes in Winnipeg (median 1966) and newer than the Whyte Ridge average (1994), but slightly older than the Caldwell Crescent average (1998). For a late-90s build, major systems like the roof, furnace, and windows are likely approaching or at the end of their expected lifespans if original. A home inspection would clarify what has been replaced. The age is a plus compared to older city stock, but not a turnkey new build.
4. Is the lot size a limitation?
The land area is 6,267 sq. ft., which is almost exactly average for Caldwell Crescent and Whyte Ridge. It's not a large lot by city standards (the city-wide average is actually 6,570 sq. ft., slightly larger). If you want a big yard for gardening, a workshop, or future expansion, this isn't that property. But for a standard family home with a manageable outdoor space, it's typical and functional.
5. How does the ranking system work, and what do the colours mean?
The rankings compare this home to similar properties—same street, same neighbourhood, and city-wide—based on four metrics: living area, assessed value, year built, and land area. A higher rank means you outperform more peers. The fill colour (red, blue, amber, gray) reflects a performance tier: for example, blue typically indicates a strong rank, red a weaker one. The "Avg" shown is a rough median for comparable homes in that category. The bar length visually shows what share of peers you beat.