16 Moncrief Lane – Property Summary
Key Characteristics & Buyer Profile
This 2006-built home in Whyte Ridge offers 1,574 square feet of living space on a 5,052-square-foot lot. Its assessed value is $568,000.
The property stands out most for its age. Built in 2006, it is the newest home on its street and among the newest in the entire Whyte Ridge neighbourhood—where the average home was built in 1994. City-wide, it ranks in the top 14% for newer construction. The assessed value is also strong: top 11% city-wide, and well above both street and neighbourhood averages. The living area is slightly below the street and neighbourhood averages, but above the city-wide average for comparable homes.
The lot is larger than most others on Moncrief Lane but smaller than the Whyte Ridge average. This means the property offers a newer home on a good-sized lot for the street, but buyers should note that neighbouring properties in the broader area may have more yard space.
This property suits buyers who prioritize a newer, move-in-ready home over maximum lot size. It would appeal to those who want a well-built house in an established neighbourhood without the maintenance concerns or layout quirks of older properties. It may less suit someone looking for a large yard or a fixer-upper with potential for major renovations.
Frequently Asked Questions
1. How does the living space compare to other homes in Whyte Ridge?
It's around average for the neighbourhood (top 54%). The home is slightly smaller than the typical Whyte Ridge home (1,666 sqft average) but larger than the city-wide average for comparable homes.
2. Why is the lot considered smaller than the neighbourhood average but large for the street?
Moncrief Lane has generally smaller lots than the rest of Whyte Ridge—the street average is 4,847 sqft. This property's 5,052 sqft lot is larger than most on this street (top 14%) but smaller than the neighbourhood average of 6,175 sqft. It's a good street-level lot in a neighbourhood where generous lots are common.
3. Is this a good investment based on the assessed value?
The assessment suggests strong relative value. The home is assessed $23,700 above the street average and $38,400 above the neighbourhood average. City-wide, it ranks in the top 11%, indicating it holds value well compared to the broader market. Assessments aren't market prices, but they reflect how the city views the property relative to its peers.
4. What does "ranked #1 out of 21 on the street for year built" mean in practical terms?
It means no home on Moncrief Lane was built more recently than 2006. You're getting one of the newest builds on the block, which typically means fewer major updates needed (roof, windows, mechanicals) than older neighbours. It also means the floor plan and finishes are from the mid-2000s, not the 1980s or 1990s common in the area.
5. How does this home compare to a typical Winnipeg home built around 2006?
This home is above average for its era. City-wide, the average comparable home was built in 1966, so a 2006 build is already newer than most. On top of that, this property's assessed value ranks in the top 11% city-wide, suggesting it's in a desirable pocket of the city with stronger value retention than many newer subdivisions further from the core.