67 Vanderbilt Drive – Property Summary
Key Characteristics & Buyer Fit
This 1996 home offers 2,394 sq. ft. of living space on a 6,342 sq. ft. lot, with an assessed value of $580,000. Its strongest feature is living space: it's in the top 3% for the Whyte Ridge neighbourhood and top 4% citywide, meaning it's substantially larger than most comparable homes in Winnipeg. The lot size is above average for the area but slightly undersized compared to others on the same street. The year built is unremarkable for the street and neighbourhood—most homes are from the mid-1990s—but the home is newer than roughly 80% of properties citywide.
The appeal lies in getting a large floor plan without paying a premium for the street. While Vanderbilt Drive has a higher average assessed value, this home sits below that average ($580k vs. $723k), suggesting the interior space may be undervalued relative to the immediate neighbours. For buyers who want square footage and don't need the most updated finishes or a top-of-the-line lot, this could represent good value.
Who it suits: Families who need generous indoor space and want to be in a well-established, mid-1990s neighbourhood like Whyte Ridge. Also suits buyers who prioritize living area over land size or street prestige, and who are comfortable with a home that's functional rather than showy.
Five Possible FAQs
1. Why is the assessed value lower than the street average if the house is so large?
Street averages can be skewed by a few high-value homes with premium finishes, larger lots, or recent renovations. This home's value is above average for the neighbourhood and city, so the gap likely reflects the specific mix of homes on Vanderbilt Drive rather than any issue with the property.
2. How does the land size compare to what's typical in Whyte Ridge?
The lot is about average for the neighbourhood (6,342 sq. ft. vs. the area average of 6,175 sq. ft.), but smaller than the Vanderbilt Drive average of 7,833 sq. ft. That means you get a little less yard than immediate neighbours, but still a normal-sized lot for the area.
3. Could the home be a good investment?
It's already in the top 10% for assessed value citywide, so major appreciation might be limited. However, the combination of a large interior and a below-street price tag could offer better value retention than a pricier home on the same street that's already valued closer to its ceiling.
4. What does the 1996 build year mean practically?
The home is roughly 30 years old. You can expect some original systems (furnace, roof, windows) may need attention if they haven't been updated. That said, construction from the mid-90s is generally solid, and the home is newer than most of Winnipeg's older housing stock, which averages around 1966.
5. Is this a quiet street or a busy one?
The data doesn't speak to traffic or noise, but Vanderbilt Drive is a residential street in a mature suburban area. Like most streets in Whyte Ridge, it's likely a mix of families and long-term residents. Check a map to see how close it is to main routes like McGillivray Boulevard or Pembina Highway if commute access matters to you.