Here is a clean, standalone summary of the property at 44 Marygrove Crescent.
Key Characteristics & Ideal Buyer Profile
This 1,274 sqft home, built in 1991, sits on a 4,827 sqft lot in Whyte Ridge. Its standout trait is value relative to the broader city. While the assessed value ($486k) is below the Whyte Ridge neighborhood average of $529.6k, it ranks in the top 22% citywide and is above average for its own street. This suggests you get the benefit of a desirable area without paying the premium some neighbors command.
The house itself is moderately sized—close to the street and city averages, though smaller than the typical Whyte Ridge home. The lot is notably generous for the street (top 20%) and slightly outsizes many city plots, but it is smaller than the neighborhood standard. The appeal lies in the balance: a well-maintained 1990s build (newer than the citywide average of 1966) on a good-sized lot, in a solid neighborhood, at a price point that undercuts many immediate neighbors.
This property would suit a buyer who wants to be in Whyte Ridge but is looking for a more attainable entry point. It works well for someone who prioritizes location and lot size over having the largest home on the block, or for a buyer who sees room to add value over time in a stable area.
Five Frequently Asked Questions
1. How does the assessed value compare to what I might actually pay?
The city’s assessed value is a market-based estimate, not the sale price. Here, the $486k assessment is below the neighborhood average of $529.6k but above the citywide average of $390.1k. In a competitive market, final sale prices can land above assessment, especially given the desirable street and area rankings. Consider it a strong baseline, not a cap.
2. The lot is above average for the street but below average for the neighborhood. What does that mean practically?
Homes on Marygrove Crescent have slightly smaller lots on average (4,732 sqft). This property’s 4,827 sqft lot is one of the larger ones on the street. But across all of Whyte Ridge, lots average 6,175 sqft. So, while you have a good slice of land for the immediate block, it won’t feel oversized compared to many homes just a street or two over.
3. The home is near the median age for Whyte Ridge. Are there maintenance concerns?
Being built in 1991 makes this a mid-1990s home, roughly 34 years old. This is typical for the area (average is 1994). Citywide, most homes are much older (average 1966). While it’s newer than many Winnipeg homes, you should still expect routine major systems maintenance—roof, furnace, windows—depending on whether updates have been made. It is not an old house, but it is past its third decade.
4. Why is the property’s neighborhood ranking low for living area but high for value?
This is the key to the property’s value proposition. The home’s living area ranks in the bottom quarter of Whyte Ridge (Top 79% means it is smaller than most). Yet its assessed value ranks in the top 29% for the neighborhood. This mismatch means you are paying less for a smaller home in a neighborhood where larger homes typically command higher prices. It’s a location and lot play, not a square footage play.
5. How does “rank by year” factor into the overall value?
Newer construction generally fetches a premium. Citywide, this home is newer than 78% of its peers (Top 22%), which supports its above-average assessed value. On its own street and in Whyte Ridge, the age is ordinary. The age helps bolster the citywide value rank, making the home a solid asset in the broader Winnipeg market, even if it doesn’t stand out locally for being fresh.