136 Marygrove Crescent – Property Overview
Key Characteristics & Buyer Fit
This is a 1996-built home in Whyte Ridge with 1,207 square feet of living space on a 5,203-square-foot lot. Its standout feature is the construction year: it’s the newest house on Marygrove Crescent (top 1% on the street), and newer than most in the neighbourhood and city. The lot is also larger than average for the street (top 17%), giving it more outdoor space than immediate neighbours.
The appeal here is a combination of relative newness and a good-size lot in an established area, without paying a premium for extra square footage inside. The house itself is smaller than typical for Whyte Ridge (bottom 10% in the community), which keeps the assessed value – and likely the asking price – below many nearby homes. Yet citywide, the assessed value lands in the top 27%, reflecting solid overall worth.
This property would suit buyers who prioritize a newer build and a decent yard over maximum interior space. It’s a good fit for someone who wants a move-in-ready home in a mature neighbourhood without stretching for the largest floor plan. It may appeal less to those needing room to grow or expecting open-concept, oversized rooms.
Five Possible FAQs
1. How does the property’s size compare to others in Whyte Ridge?
The living area is 1,207 sqft, which is below the neighbourhood average of 1,666 sqft. It ranks in the bottom 10% for the community. On its own street, it’s also slightly smaller than average (1,312 sqft). The land, however, is above the street average (5,203 vs. 4,732 sqft).
2. Is this home considered good value for its tax assessment?
The assessed value is $458,000 – lower than the Whyte Ridge average ($530,000) but above the citywide average ($390,000). This suggests it’s priced below many comparable homes in the area while holding above-average value across Winnipeg. For a buyer, it may offer a more accessible entry point into the neighbourhood.
3. Why is the construction year such a strong point?
Built in 1996, it’s the newest home on Marygrove Crescent and newer than 81% of homes citywide. That means newer roofing, mechanicals, and building code standards. It’s also close to the community average year (1994), so it fits right in with the neighbourhood’s general age profile.
4. What does “top 27% citywide for assessed value” mean in practical terms?
It means the property’s tax assessment falls in the upper quarter of all Winnipeg homes, even though the living area and lot size are closer to average. This likely reflects the newer construction, good condition, and the fact that it’s in a well-regarded community. It may also indicate a strong resale value relative to its size.
5. Who might be less interested in this property?
Buyers looking for a large, open interior – or those needing over 1,400 sqft of living space – would likely find this home too small for the area. Also, someone wanting a low-maintenance yard might see the 5,203-sqft lot as more upkeep than desired. It’s not a starter home for a minimalist, but rather a solid mid-sized option in a desirable setting.