39 Moncrief Lane – Property Summary
Key Characteristics & Buyer Profile
This is a 2006-built home with 1,434 sq ft of living space on a 4,591 sq ft lot, located in the Whyte Ridge neighborhood. Its strongest feature is the construction year: it’s the newest house on its street and among the newest in the entire community, which is notable in an area where the median home was built in 1994. The assessed value of $508,000 sits below the street average but above the citywide average, suggesting the home is priced in line with its immediate surroundings while holding value well compared to the broader Winnipeg market.
The living area is slightly smaller than the average on the street, but the house is newer and more efficient in layout. The lot is smaller than typical for Whyte Ridge, which means less yard maintenance but also less outdoor space. That trade-off may appeal to buyers who prioritize a modern, lower-upkeep home over a large garden or expansion potential.
This property suits buyers who want a newer home in a mature, established neighborhood without paying for a full custom build. It’s a good fit for a small family, a couple downsizing from an older larger home, or someone who values energy efficiency and modern construction over sprawling square footage. It may be less ideal for buyers who need a large lot, want space for major renovations, or are looking for a “fixer-upper” opportunity.
Frequently Asked Questions
1. How does the property tax compare to other homes in Whyte Ridge?
The assessed value is $508,000, which is slightly below the community average of $530,000 and well above the citywide average of $390,000. Property taxes will be in line with similar-priced homes in the neighborhood.
2. Is the living space too small for the area?
It’s about 300 sq ft smaller than the average home on the street, but it’s above the citywide average of 1,342 sq ft. The home is newer, which often means more efficient use of space, so it may feel more functional than older, larger homes.
3. Why is the lot considered small?
At 4,591 sq ft, it’s smaller than most lots on Moncrief Lane and in Whyte Ridge. Many homes in the area sit on lots closer to 6,000 sq ft. This means less yard work and a more compact footprint, which could be a plus for low-maintenance living.
4. How does the home’s age affect its value?
Being built in 2006 makes it significantly newer than the local average. Newer homes generally have fewer major repair issues, better insulation, and more modern layouts. This can be a selling point for buyers who don’t want to deal with outdated systems or renovations.
5. What is the home’s ranking within Winnipeg?
It ranks in the top 14% citywide for construction year, top 34% for living area, and top 19% for assessed value. Land area ranks near the bottom citywide, which confirms the trade-off between a newer home and a smaller lot.