68 Marygrove Crescent, Winnipeg
Key Characteristics & Buyer Profile
This 1992 home in Whyte Ridge offers 1,258 sqft of living space on a 4,827 sqft lot, with an assessed value of $485,000. Its comparative appeal is mixed but specific.
On its own street, the property ranks well—top 8% for year built, top 20% for land area, and top 29% for assessed value. That means it’s one of the newer and more substantial homes on Marygrove Crescent, with a yard that’s slightly larger than the street average. The assessed value is also above the street norm of $476k.
Zoom out to the Whyte Ridge neighborhood, and the picture flips. The home ranks in the bottom quarter for living area and land area, and below average in assessed value compared to the neighborhood median of $530k. So it’s a smaller, more modest property within a higher-value area.
Citywide, it sits comfortably in the top 22% for assessed value and top 21% for year built—well above Winnipeg’s much older average build year of 1966. The living area and lot size are close to city medians.
Where the appeal lies: This property offers entry into a desirable, established neighborhood at a lower price point than many nearby homes. The newer build (relative to Winnipeg's stock) and good street-level rankings make it a sound buy for someone who wants Whyte Ridge without paying for the largest lot or biggest house. It’s a sensible “starter” or “downsize” home in an area where most properties are larger and pricier.
Who it suits: First-time buyers looking to get into a strong neighborhood without overextending. Downsizers who want a manageable yard and single-family home in a mature area. Buyers who value newer construction and a good street position over maximum square footage. Less suited to families wanting a large yard or those seeking top-tier finishes relative to the neighborhood.
Frequently Asked Questions
1. How does the living area compare to other homes in Whyte Ridge?
At 1,258 sqft, the living area is about 400 sqft below the neighborhood average. It ranks in the bottom 83% locally, which reflects that many Whyte Ridge homes are larger. On its own street, however, it’s close to the average.
2. Is the assessed value of $485k accurate or likely to change?
Assessed values are set by the municipality and reflect the property’s estimated market value as of the last assessment date. This home is assessed above its street average but below the Whyte Ridge norm. Values can shift with market conditions, but the ranking against nearby homes gives a reasonable sense of its relative worth.
3. What does “Top 8% for year built on the street” actually mean?
Out of 104 comparable homes on Marygrove Crescent, only seven are newer than 1992. This house is among the newest on the street. Citywide, it’s newer than 79% of comparable homes, which is notable in a city where the median build year is 1966.
4. The lot is 4,827 sqft. Is that small for the area?
Yes, relative to Whyte Ridge, where the average lot is 6,175 sqft. However, on this street it’s above average—ranked top 20%. So the yard is typical for the immediate block but modest compared to other homes in the wider neighborhood.
5. How does this home compare to the cheapest and most expensive homes in Whyte Ridge?
This is in the lower range for the neighborhood. While it’s not a budget outlier, its assessed value sits well below the neighborhood average. Buyers choosing this home are effectively getting into Whyte Ridge at a more accessible price, trading some size and land for location.