94 Saxon Bay – Property Summary
Key Characteristics & Buyer Profile
This 1,347 sqft home built in 1987 sits on a 6,451 sqft lot in Whyte Ridge, Winnipeg. Its assessed value is $482,000.
What stands out here is a clear split between the property itself and the neighbourhood it's in. The house is slightly smaller and older than the typical Whyte Ridge home (where averages are 1,666 sqft and 1994 builds), and its assessed value sits below the neighbourhood median of $529,600. But when compared city-wide, the picture flips: the living area is right around the Winnipeg average, the lot is larger than most, and the assessed value lands in the top quarter of the city. The home is also newer than the typical Winnipeg house (median build year 1966).
The appeal is for a buyer who wants a solid, reasonably sized home on a good lot in a well-established neighbourhood, without paying a premium for the newest or largest house on the block. It's not a showpiece by Whyte Ridge standards, but it offers better value relative to the broader market. This would suit someone who prioritises yard space and a reasonable commute over having the most updated interior or a house that matches the top end of the local market. It may also appeal to buyers who see the assessed value gap between this property and the neighbourhood average as an entry point into an area they otherwise couldn't afford.
Frequently Asked Questions
1. How does this home's value compare to others nearby?
On Saxon Bay, the assessed value of $482,000 is slightly below the street average of $485,400. In the broader Whyte Ridge neighbourhood, it's notably lower than the $529,600 average, ranking in the bottom quarter of homes. City-wide, however, it ranks in the top 23% of properties—meaning it's well above the typical Winnipeg home value of $390,100.
2. Is the living space small for this area?
It's close to the street average (1,443 sqft) but below the Whyte Ridge neighbourhood average of 1,666 sqft. City-wide, it's essentially average (1,342 sqft). So it's not a small house by Winnipeg standards, but it is on the smaller side for Whyte Ridge specifically.
3. How old is the property, and is that considered old for the neighbourhood?
Built in 1987, it's slightly older than the average house on Saxon Bay (1988) and noticeably older than the Whyte Ridge average (1994). But compared to the city-wide median (1966), it's relatively modern. The home is roughly mid-range for its street, but older than most of its immediate neighbours.
4. What's the lot like?
The land area is 6,451 sqft. That's slightly smaller than the Saxon Bay average (6,611 sqft) and the city-wide average (6,570 sqft), but larger than the Whyte Ridge neighbourhood average (6,175 sqft). It ranks in the top 27% of lots in the area and the top 23% city-wide, so you're getting above-average yard space for the neighbourhood.
5. Who typically buys a home like this?
Buyers who want to live in Whyte Ridge but don't need the largest or newest house there. It also works well for someone coming from an older or smaller Winnipeg home who finds this property a step up in lot size or build year, without the jump in price that comes with the top-tier houses in the neighbourhood. It's a practical buy, not a status-driven one.