Property Summary: 83 Monticello Road
Key Characteristics & Buyer Profile
This is a 1,601 sqft home built in 1991, sitting on a 5,283 sqft lot in Winnipeg’s Whyte Ridge neighbourhood. Its strongest feature is the living space: while the home is slightly smaller than the average Whyte Ridge property (1,666 sqft), it ranks in the top 25% city-wide for size and sits well above the Winnipeg average of 1,342 sqft. The assessed value of $538,000 places it among the top 7% on Monticello Road and top 14% across the city—meaning it carries both above-average space and above-average property tax assessment relative to most Winnipeg homes. The 1991 build year is newer than the city average (1966) but slightly older than the neighbourhood average (1994). The lot is fairly standard for the area and close to city averages, so outdoor space isn’t especially generous or restrictive.
The appeal lies in its balance: a solidly-sized home in a stable, mid-1990s subdivision, with a valuation that reflects both its condition and location. It’s not oversized or sprawling, but it offers more interior space than most homes city-wide. The street itself ranks well in terms of property values, suggesting a desirable pocket within Whyte Ridge. Buyers who prioritize a dependable floor plan and above-average square footage over a big yard or ultra-modern finishes would find this worth a look. It would suit families or professionals looking for a practical, well-positioned home in a mature suburban setting—not a fixer-upper, not a luxury statement, but something that holds its ground against both newer builds and older stock.
Frequently Asked Questions
1. How does the property tax compare to similar homes in Whyte Ridge?
The assessed value is $538,000, which is slightly above the Whyte Ridge average of $530,000. It ranks in the top 31% for the neighbourhood, so you can expect property taxes to be a bit higher than the community median, but still within a typical range for a home of this size.
2. Is the lot large enough for expansions or a garage addition?
At 5,283 sqft, the lot is close to the city average and slightly below the Whyte Ridge average. It’s not exceptionally spacious, so major additions would likely be limited. A standard two-car garage or modest landscaping changes are more realistic than a large extension.
3. What is the condition of a house built in 1991?
Homes from that era typically have good bones and have often seen updates by now, but specifics aren’t provided here. Buyers should check for common items like roofing, windows, and mechanical systems, which may be original or approaching replacement age depending on prior maintenance.
4. How does this home compare to others on Monticello Road specifically?
On its own street, it ranks 4th out of 56 in assessed value (top 7%) and 5th in build year (newer than the street average of 1990). Living area is 21st (top 38%), so it’s not the largest on the street, but it’s one of the more valuable ones—likely due to condition, finishes, or location within the block.
5. Why does the home rank better city-wide than in its own neighbourhood?
Whyte Ridge is a relatively consistent, above-average subdivision. Many homes there are newer and larger than the Winnipeg norm, so competing locally is tougher. City-wide, this home’s size and value stand out more because it exceeds the typical older, smaller Winnipeg home by a clear margin.