167 Marygrove Crescent

167 Marygrove Crescent, Winnipeg

Key Characteristics & Ideal Buyer Profile

This property in Whyte Ridge stands out most for its assessed value and living area relative to both its street and the city at large. The home is 1,482 square feet, which places it in the top 13% of homes on Marygrove Crescent—a street where the average home is notably smaller at 1,312 square feet. City-wide, the home’s living area is also above average, ranking in the top 32% of comparable homes. The assessed value of $493,000 tells a similar story: strong on the street (top 13%) and very strong across Winnipeg (top 21%), suggesting the property holds its value well compared to the citywide average of $390,100.

Where the property is less exceptional is lot size. The 4,200-square-foot lot is slightly below the street average and significantly below the Whyte Ridge neighborhood average of 6,175 square feet. This trade-off—a larger-than-average house on a smaller-than-average lot—is the defining feature of the home. Built in 1990, the home is around the median age for the street and neighborhood, but relatively newer than most homes city-wide.

The appeal here is for buyers who prioritize indoor space and value retention over a sprawling yard. It would suit families or couples looking for a well-sized home in an established neighborhood without paying a premium for a large lot they don't need. It's also a solid fit for someone who wants a home that ranks well against the broader Winnipeg market rather than just the immediate area.

Five Frequently Asked Questions

1. How does the assessed value compare to recent sale prices in Whyte Ridge?
   The assessed value is a market-value estimate, not a sale price. In this case, the home’s value is above the street average ($476,300) and well above the citywide average ($390,100), but slightly below the Whyte Ridge neighborhood average ($529,600). This suggests the home might be priced more competitively than some of its immediate neighbors, though sale prices will ultimately depend on condition and demand at the time of listing.

2. Is a smaller lot in Whyte Ridge common for homes of this size?
   Less common than you might think. This home ranks in the bottom 7% of the neighborhood for lot size, meaning most homes in Whyte Ridge sit on more land. The combination of a larger house and a smaller lot is more typical of infill developments or newer pockets within older areas. Buyers who value a low-maintenance yard or want to avoid weekend lawn work may find this a practical advantage.

3. What does the “Top 13%” ranking on the street actually mean for resale?
   It means this home is among the larger and more valuable properties on Marygrove Crescent. That can be a double-edged sword: it may attract buyers looking for a premium home on a quiet street, but it could also limit the pool of buyers who can afford the price relative to the street’s average. The strong city-wide ranking (top 21%) helps balance this by showing value beyond just the immediate block.

4. How does the 1990 build year affect maintenance expectations?
   A home built in 1990 is now over 30 years old, meaning major systems (roof, furnace, windows, foundation) may be due for replacement or have already been updated. The city-wide data shows this home is newer than 78% of comparable Winnipeg homes (built on average in 1966), so it has a head start. Still, buyers should budget for updates typical of a home from that era—especially in Whyte Ridge, where the neighborhood average build year is 1994, suggesting some homes are slightly newer.

5. Should I be concerned that the lot is below average in the neighborhood?
   Only if a large yard is a priority. The home’s living area is above average city-wide, and the lot size is still 4,200 square feet—enough for a modest backyard, garden, or patio. The trade-off is a home that feels spacious inside while being more affordable than larger-lot properties in the same area. If you value indoor square footage and a manageable outdoor space, this may be a strong fit.