This is a 1995-built home with 1,200 sq ft of living space on a 4,396 sq ft lot. Relative to its own street and the Whyte Ridge neighbourhood, the home is smaller than average in both living area and lot size. It ranks in the bottom quartile for living space on the street and in the neighbourhood, and near the bottom for land size within Whyte Ridge. However, compared to Winnipeg as a whole, it sits right at the median for living area and slightly above average for lot size. The assessed value—$453,000—is low for Whyte Ridge but well above the citywide average, placing it in the top 28% of Winnipeg properties.
The appeal here is less about standout size or a premium lot and more about relative affordability within a desirable, established neighbourhood. Buyers who want to be in Whyte Ridge but aren't looking for a large home or yard will find this property offers a more accessible price point than many of its neighbours. It would particularly suit first-time buyers, those downsizing within the area, or anyone who values a newer build (1995 puts it in the top 20% citywide for age) over maximum square footage.
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How does this home’s size compare to others in Whyte Ridge?
It's smaller than most. The average living area in the neighbourhood is 1,666 sq ft, and the average lot is 6,175 sq ft. This property is below both those figures, which is the main reason its assessed value sits below the neighbourhood average of $530,000.
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Is the assessed value of $453,000 a fair reflection of the market?
It’s a strong indicator for property tax purposes, but it’s worth noting that the value is high relative to the city at large (top 28%). The home is likely priced to reflect its smaller size within a more expensive area—so the assessment suggests a solid floor, not necessarily a ceiling.
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What makes the 1995 build year significant?
It means the home is newer than about 80% of properties in Winnipeg, where the median build year is 1966. It’s also slightly newer than the average home on Invermere Street. This can mean fewer immediate concerns with older systems or foundations, though it's still worth a standard inspection.
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Why is the land size smaller than average for the area?
The lot is typical for the street itself—close to the average there—but lots in Whyte Ridge tend to be generous overall (averaging 6,175 sq ft). So while the yard won’t be oversized by local standards, it's not an outlier for this specific block.
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Who would this home be a good fit for?
Buyers who want to live in Whyte Ridge without paying for a large lot or extra square footage they don’t need. It’s also worth a look for anyone coming from a smaller city or older home who wants a relatively recent build in a well-regarded neighbourhood without stretching their budget to the neighbourhood median.