52 Marygrove Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1,572 sqft home built in 1990, sitting on a 4,827 sqft lot in the Whyte Ridge neighbourhood of Winnipeg. Where it stands out most is on its own street: it ranks in the top 8% for living area and top 11% for assessed value among comparable homes on Marygrove Crescent. The assessed value of $497,000 is well above the citywide average for similar properties ($390,100), though it sits slightly below the Whyte Ridge neighbourhood average of $529,600.
The lot size tells a different story. It's above average for the street itself (top 20%), but below average for the broader neighbourhood and city, where lots tend to be larger. This means the property offers more indoor space than most homes nearby, on a relatively modest-sized lot—an interesting trade-off for buyers who prioritize square footage over yard size.
The home was built in 1990, which is newer than the typical Winnipeg home (average year built citywide is 1966), but slightly older than the neighbourhood average of 1994. It's not the newest house on the block, but it's from a solid era of construction common in this area.
This property would suit buyers who value interior living space and want good assessed value relative to the city as a whole, but don't need a large yard. It may appeal to families or professionals looking for a well-positioned home in a established neighbourhood, where street-level ranking suggests it's one of the more substantial houses on its block. Those who prefer larger lots or newer construction may want to compare with other listings in Whyte Ridge.
Frequently Asked Questions
1. How does this home's assessed value compare to others in Whyte Ridge?
It's assessed at $497,000, which is about 6% below the neighbourhood average of $529,600. However, it ranks in the top 11% on its own street and top 20% citywide, meaning it's priced competitively for its immediate area but sits below the higher end of Whyte Ridge overall.
2. Is the lot size considered small for this neighbourhood?
Yes, relative to Whyte Ridge. The average lot in the neighbourhood is 6,175 sqft, while this one is 4,827 sqft—roughly 22% smaller. On its street, however, it's above average (top 20%), so lot sizes vary significantly block by block.
3. How does the living area compare to similar homes citywide?
It's well above average. The citywide average for comparable homes is 1,342 sqft, so this property is about 17% larger. It also ranks in the top 27% across Winnipeg for living area.
4. What year was this home built, and is that considered old for the area?
Built in 1990. In Whyte Ridge, that's slightly older than the average (1994), but it's still much newer than the typical Winnipeg home (average 1966). Most homes in this neighbourhood were built between the late 1980s and early 2000s, so this fits comfortably in that range.
5. How does this property rank overall compared to others in its price range?
The assessment data suggests strong value: it's in the top 20% citywide for assessed value while also being in the top 27% for living area. That's a favourable combination, indicating you're getting above-average square footage at a price point that still ranks well among citywide comparables.