78 Sandown Point — Property Summary
Key Characteristics & Buyer Profile
This is a 1,419 sqft home built in 1995 on a 5,107 sqft lot, located in the Whyte Ridge neighbourhood. Its assessed value sits at $493,000.
The property’s strongest comparative advantage is its age. At the city level, it ranks in the top 20% for newer construction—a meaningful edge in Winnipeg, where the citywide average year built is 1966. The assessed value also reads favourably citywide (top 21%), though it falls slightly below the street and neighbourhood averages. This suggests the home is priced competitively within its immediate context but represents solid value compared to the broader market.
Living area is on the smaller side for the street (bottom 15%) but remains roughly average for both the neighbourhood and city. The lot size is comparable to the neighbourhood and city medians but trails the street average—something potential buyers should note if they value outdoor space relative to immediate neighbours.
Who it suits: Buyers who prioritize a newer home over maximum square footage or a large yard. It would appeal to someone looking for a well-positioned property in a mature neighbourhood, without paying a premium for the largest lot or highest interior space on the block. It may also suit those who see the below-street-average assessment as an opportunity for relative value.
Five Possible FAQs
1. How does this home compare to others on Sandown Point?
It’s one of the smaller and lower-assessed homes on the street. Living area ranks 17th out of 20, and assessed value ranks 16th out of 20. Year built and lot size are both around the middle of the pack.
2. Is this considered a good deal citywide?
The assessed value is well above the city average ($390,100), but it ranks in the top 21%—meaning it’s valued higher than most comparable homes across Winnipeg. For a 1995 build, that’s reasonable performance, not a bargain.
3. How does the neighbourhood compare to the rest of Winnipeg?
Whyte Ridge homes tend to be newer (average 1994 build) and larger (average 1,666 sqft) than the city median. This property fits the neighbourhood profile well, with no major deviations in living area, lot size, or value.
4. Why is the assessed value lower than the street average but higher than the city average?
The street has several larger and more valuable homes pulling the average up (approx. $518,900). Citywide, older and smaller homes pull the average down (approx. $390,100). This home sits in a middle zone—lower than its immediate peers, but higher than most of the city.
5. What should I look into before viewing?
Given the lot is smaller than the street average, check how the yard compares in person—rankings don’t capture shape, orientation, or usability. Also confirm whether the lower street-level assessment reflects any deferred maintenance or simply a smaller home.