Here is a clean, standalone summary of the property at 63 Invermere Street.
Property Summary: 63 Invermere Street
Key Characteristics & Buyer Profile
This is a 1994-built home with 1,471 sq. ft. of living space on a 4,175 sq. ft. lot in Whyte Ridge. The numbers tell a story of a solid interior in a compact package. The house itself is slightly newer than the neighborhood average and sits right in the middle of the pack for square footage—meaning the layout is likely efficient and functional rather than sprawling.
The main appeal is a strong value proposition. While the home’s assessed value ($461,000) is below average for both its street and the Whyte Ridge community, it is above the city-wide average. This suggests you’re paying less for the local premium of the neighborhood than many of your neighbours did, while still getting a home that’s newer than the typical Winnipeg house. The trade-off is the lot: it’s significantly smaller than the norm for Invermere Street and Whyte Ridge. This is not a property for someone wanting a large yard or garden space.
This home would suit a buyer who prioritizes indoor living space and a well-maintained, relatively modern home over outdoor space. It is a good fit for downsizers, busy professionals, or small families who want to be in a desirable, established community (Whyte Ridge) without paying the premium for a large property. It is less suited for buyers looking for a large lot or a “starter home” with room for future additions.
Frequently Asked Questions
1. How does the living space compare to other homes in the area?
It is very close to the average. On Invermere Street, it ranks 37th out of 62 homes (top 60%). In Whyte Ridge, it is 1,573rd out of 2,382 (top 66%). It is a standard-sized home for the neighborhood, offering 1,471 sq. ft. of functional space.
2. Why is the assessed value lower than the street and community averages?
The most likely reason is the smaller lot size. The home’s structure and interior condition may be comparable to its neighbours, but the land it sits on is valued significantly less. The assessment places it in the bottom 5% of the street and bottom 3% of the community for land area. This depresses the total assessed value relative to nearby houses.
3. How old is the house, and is that a positive?
Built in 1994, it is newer than the average Winnipeg home (1966). It is slightly newer than the average house on Invermere Street (1993) and right at the average for Whyte Ridge (1994). It is a solidly middle-aged home, likely well-built but old enough that a buyer should budget for major systems (roof, furnace, windows) if they haven't been updated recently.
4. What type of buyer is this property not for?
It is not for buyers who want a large, private yard, plan to build a major addition, or want a home that stands out from others on the street in terms of size. The lot is a clear compromise.
5. How does this property compare to the city as a whole?
It is significantly newer (1994 vs. 1966 city average), has a larger living area (1,471 vs. 1,342 sq. ft.), and a higher assessed value ($461k vs. $390k city average). It is a well-above-average home for Winnipeg overall, but it is an average-to-slightly-below-average home within its own desirable neighborhood.