72 Marygrove Crescent

72 Marygrove Crescent – Property Summary

Key Characteristics & Appeal

This is a 1,154 sqft, three-bedroom home built in 1992 on a 4,827 sqft lot in Whyte Ridge. Its standout feature is the year built: it ranks among the newest homes on its street (top 8%) and well above the citywide average, meaning most of its major systems—roof, mechanicals, foundation—are likely younger than those in many comparably priced Winnipeg homes. The assessed value ($437k) is notably lower than the Whyte Ridge neighborhood average ($529.6k), which suggests it may offer a more attainable entry point into an otherwise pricier area.

The trade-off is space. The 1,154 sqft living area ranks near the bottom of the street and neighborhood, and the 4,827 sqft lot is smaller than typical for Whyte Ridge. Buyers aren’t getting a large footprint or a big yard, but they are getting a newer home in a solid family neighbourhood at a below-average price point relative to the immediate area.

Who it suits: First-time buyers looking for a move-in-ready home in a desirable suburb without paying top dollar; downsizers who want a newer house with less upkeep than an older, larger property; or anyone prioritizing a recent build year and lower assessed value over square footage and lot size. It would be a less obvious fit for families needing room to grow or buyers who place a premium on a large private yard.

Frequently Asked Questions

1. Why is the assessed value lower than the neighborhood average?
The home’s living area and lot size are both below the Whyte Ridge average, which typically pulls assessed value down. The neighborhood has many larger, newer homes on bigger lots, so this property sits in a lower value tier despite its own recent build year.

2. How does the 1,154 sqft living area compare to similar homes on the street?
It’s below the street average of 1,312 sqft and ranks near the bottom. That said, the street itself has a mix of sizes—so while you’re getting one of the smaller units, you’re also avoiding the higher cost that comes with the larger homes nearby.

3. Is the lot size enough for a typical Winnipeg yard?
At 4,827 sqft, it’s slightly above the street average but well below the neighborhood average of 6,175 sqft. You’ll have a manageable yard for gardening, a small playset, or a patio, but not the deep, expansive lot common in newer Whyte Ridge developments.

4. What does the “top 8%” ranking for year built actually mean?
Only seven other homes on Marygrove Crescent were built more recently than 1992. This places the home in the newest 8% of the street, which is a genuine advantage: you’re less likely to face major replacements (roof, furnace, windows) in the near term compared to older homes in the same price range.

5. How does this property compare citywide?
Citywide, the assessed value ($437k) ranks in the top 31% of homes, meaning it’s above average for Winnipeg. But the living area ranks near the middle (top 55%), and the lot size sits closer to the bottom (top 60%). It’s essentially a smaller, newer home in a pricier suburb—offering good value for the neighbourhood but not an oversized bargain by city standards.