47 Moncrief Lane – Property Summary
Key Characteristics & Buyer Profile
This 2006-built home in Whyte Ridge offers 1,590 sq ft of living space on a 4,820 sq ft lot. Its standout feature is the construction year—it ties for the newest build on its street (top 5%), and lands in the top 1% of the broader community, where the average home was built in 1994. That gives it a noticeably newer feel in a well-established neighbourhood.
The assessed value sits at $563,000, which is above both the street and community averages, and in the top 11% citywide. Living space is modest for the area—slightly below the street average and right around the community average—but still above the citywide norm (top 26%). The lot is on the smaller side compared to typical Whyte Ridge properties, which tend to have more generous yards.
Where this property appeals most is to buyers who prioritize a newer, low-maintenance home in a mature, family-oriented suburb. It suits someone who wants a house that feels up-to-date without the premium of a brand-new build, and who values community rankings over raw square footage. It may be less ideal for those seeking a large lot or maximum living space for the price.
Frequently Asked Questions
1. How does the lot size compare to other homes in Whyte Ridge?
The lot is 4,820 sq ft, which is below the community average of 6,175 sq ft (bottom 23%). Within the immediate street, it’s close to the median. If a large yard is a priority, this property may feel tighter than other options in the area.
2. Is the assessed value a reliable indicator of market price?
Assessed value is used for property tax purposes and doesn’t always match market value. That said, the home sits in the top 11% citywide by assessment, which suggests it's above the typical price range for Winnipeg. Current market conditions and specific updates would need to be factored in.
3. How does the living space compare to newer homes in the city?
At 1,590 sq ft, it’s above the citywide average of 1,342 sq ft (top 26%), but it's not unusually large for a home built after 2000. Buyers coming from newer subdivisions may find it slightly smaller than typical floor plans from that era.
4. What makes the build year particularly notable?
Most homes in Whyte Ridge date from the mid-1990s. This property is among the newest in the neighbourhood (top 1%), which can mean fewer age-related updates needed. On the street itself, it ties for the newest, so there’s a consistent, newer look along Moncrief Lane.
5. Why is the property ranked differently across street, community, and city levels?
Each comparison uses a different baseline. On the street, differences are narrow—just 21 homes. At the community level, Whyte Ridge has nearly 2,400 homes, so rankings shift more. The citywide comparison uses a huge pool of nearly 195,000 properties, where even average features can rank well. This layered view helps show how the property stacks up at different scales.