73 Bessboro Street N – Property Summary
Key Characteristics & Buyer Profile
This home stands out most for its land and value position. The lot measures 11,140 square feet, ranking in the top 3% within the Whyte Ridge neighbourhood and top 4% citywide. For context, the average lot on the same street is roughly 6,740 square feet—so this property offers nearly 65% more land than its immediate neighbours. That kind of space is increasingly rare in established Winnipeg neighbourhoods, and it opens up possibilities for expansion, gardens, or simply more outdoor privacy.
The home itself was built in 2007, making it one of the newer homes on Bessboro Street (top 6%) and among the newest in the entire neighbourhood (top 1%). With 1,974 square feet of living area, it sits slightly above the street average but well above the citywide average for comparable homes. The assessed value of $693,000 ranks first on the street and in the top 4% both neighbourhood-wide and citywide. This suggests the property carries a premium not just for its size, but for its combination of newer construction and oversized lot.
Where the appeal lies: The real strength here is the land-to-home ratio. Most homes in this price and age range sit on standard 5,000–7,000 sqft lots. This one doesn't. That extra space could appeal to families wanting room for a future addition, a workshop, or a yard that isn't squeezed against the neighbour's fence. The assessed value ranking also signals that this home has held its value exceptionally well relative to others in the area—not necessarily a flip opportunity, but a stable, long-term asset.
Who it would suit: Buyers who want a newer home without compromising on lot size. That group might include families with children who need a large yard, someone looking to build a garage or laneway suite later, or buyers who simply don't want to feel like they're living on top of their neighbours. It's less suited for someone who wants a move-in-ready property with no outdoor maintenance, or a buyer focused purely on square footage inside rather than outdoor space.
Frequently Asked Questions
1. How does this home compare to others nearby in terms of value for money?
It's the most highly assessed home on Bessboro Street, and one of the top 4% in Whyte Ridge. That doesn't necessarily mean it's overpriced—it reflects the combination of a newer build, a large lot, and a location that supports that value. The land alone is worth significantly more than the street average, which is a key driver.
2. Is the lot size really that unusual for this area?
Yes. The average lot in Whyte Ridge is about 6,175 sqft. At 11,140 sqft, this lot is roughly 80% larger than the neighbourhood norm. On this specific street, it's the third largest lot—so you're not getting a standard subdivision plot.
3. What's the neighbourhood like in terms of age and character?
Whyte Ridge is a well-established suburban area, but this home (built in 2007) is noticeably newer than the neighbourhood average of 1994. You'll likely find a mix of older homes from the 80s and 90s alongside more recent infill builds. The street itself skews newer, with an average build year of 2001.
4. Could the assessed value change significantly in the near future?
Assessed values in Winnipeg are updated periodically by the city. This property is already near the top of its peer group, so large jumps are less likely unless the land market in the area shifts dramatically. It's more realistic to expect steady, moderate appreciation tied to the desirability of the lot size.
5. What are the practical implications of owning such a large lot?
More land means more maintenance—lawn care, snow clearing, and upkeep of any trees or gardens. But it also means more privacy, room for kids or pets, and potential for future development like a garage, shed, or deck expansion. If you're not interested in outdoor space, the extra land could feel like a burden rather than a benefit.