180 Marygrove Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1992-built home in Whyte Ridge with 1,268 square feet of living space on a 4,200-square-foot lot, currently assessed at $468,000. The property’s appeal is situational rather than flashy. On its own street, it ranks near the middle in size and value, but it stands out citywide: it falls in the top 25% of assessed value across Winnipeg, while the living area is only around average for the city. That suggests the value is tied to location or condition rather than square footage. The lot is smaller than typical for Whyte Ridge and for the city overall—this is a trade-off that may suit buyers who prioritize a manageable yard or lower maintenance over outdoor space. The home was built in 1992, which is older than the neighborhood average but newer than most homes citywide.
Best suited for buyers who want a solid, mid-range home in an established neighborhood without paying a premium for extra land or a larger floor plan. It could work well for someone who values being in a top-25% assessed-value bracket citywide but doesn’t need a big lot, or for a buyer who wants a home that is competitively priced relative to others on the same street.
Frequently Asked Questions
1. How does this home’s lot size compare to others in Whyte Ridge?
It’s on the smaller side. The lot is 4,200 sqft, while the neighborhood average is 6,175 sqft. It ranks in the bottom 7% locally for land area. If you’re used to typical Whyte Ridge lots, this one will feel compact.
2. Why is the assessed value higher than the city average but lower than the neighborhood average?
Because Whyte Ridge as a whole is a higher-value area. Citywide, this home is in the top 25% for assessed value, which is strong. But within Whyte Ridge, it’s in the bottom 14%—meaning it’s an entry point into a pricier neighborhood.
3. Is the living area below average for this street?
No, it’s around average. The street average is 1,312 sqft, and this home is 1,268 sqft, which puts it in the top 38% on the street. It’s not large, but it’s not cramped by local standards.
4. Is the home considered old compared to others nearby?
It’s older than most homes in Whyte Ridge (the neighborhood average year built is 1994), but it’s newer than most Winnipeg homes overall. It ranks in the top 8% for age on its street, meaning many neighbors are actually slightly newer.
5. What does the “top 25% citywide” assessed value actually mean for resale?
It indicates that the home is in a relatively strong value tier for Winnipeg. Keep in mind that assessed value isn’t market price, but it often correlates. If you’re buying, you’re getting a property that sits higher than three-quarters of Winnipeg homes in terms of tax-assessed worth, which may support stable resale value—especially when paired with the neighborhood’s overall price level.