About This Property
152 Marygrove Crescent, Winnipeg — Whyte Ridge
Key Characteristics & Appeal
This is a 1992 home in Whyte Ridge with 1,270 sqft of living space on a 4,178 sqft lot. Its assessed value is $488,000.
The property stands out most for its strong value relative to the street and city. It ranks in the top 23% for assessed value on Marygrove Crescent and top 22% citywide—meaning it’s priced higher than many comparable homes, but not out of step with what its condition and location command. The year built (1992) also places it among the newer homes on the street (top 8%).
Where the trade-off shows is in land area. The lot is smaller than average for the neighborhood and city—bottom 92% on the street and 97% in Whyte Ridge. Buyers should expect a compact yard. The living area is roughly average for the street and city, but below the Whyte Ridge neighborhood average, which skews larger.
This home would suit buyers who prioritize a newer build and strong resale value over outdoor space. It’s a good fit for someone who wants a well-positioned house in a mature, established neighborhood, doesn’t need a large lot, and is willing to pay a slight premium for a home that ranks well for its age and condition. Less obvious: because the lot is small and the house is solid but not oversized, this could appeal to downsizers or empty nesters moving from a larger family home who still want a single-family house with a manageable yard, not a condo. It may also work for first-time buyers priced out of larger lots in the same area.
Frequently Asked Questions
1. How does this home compare to others on Marygrove Crescent?
It’s above average in assessed value and newer than most, but the lot is smaller than typical for the street. Living area is around average.
2. Is the small lot a dealbreaker?
That depends on your needs. The lot is small for Whyte Ridge, but it’s still a standard urban lot. If you don’t need a large garden, play space, or future expansion room, it’s not a problem. The trade-off is a higher value home in a better-ranked position for age and assessment.
3. Why is the assessed value higher than other homes nearby?
The home is newer than many on the street (top 8%), and its condition, finishes, or location within the street likely support the higher value. The data doesn’t specify renovations, but newer builds generally hold higher assessments.
4. How does this home compare citywide?
Citywide, it ranks in the top 22% for assessed value and top 21% for year built. Living area and land area are below the city median—but that’s partly because Winnipeg has many older, larger-lot homes. This is a compact, newer home in an established suburb.
5. What kind of buyer typically looks at this type of property?
People who want a solid, newer home in Whyte Ridge without paying for a big yard. Often downsizers, professionals, or small families who prefer a lower-maintenance lot and value a higher-ranked property over more square footage or outdoor space.