127 Marygrove Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 1992 home with 1,463 square feet of living space on a 4,209-square-foot lot in Whyte Ridge, Winnipeg. Its standout feature is its size relative to other homes: it’s among the largest on its street (top 18%) and sits comfortably above the citywide average for comparable homes. Inside space is a genuine strength here.

The property is typical of its street in assessed value—roughly $479,000—but that figure is below the Whyte Ridge neighborhood average, which leans toward larger lots and higher values. The lot itself is on the smaller side for the area (bottom 7% of the neighborhood), which is worth noting if outdoor space is a priority. The house was built in 1992, making it newer than the vast majority of Winnipeg homes (top 21% citywide), but squarely in the middle of the pack for Whyte Ridge.

This home would suit a buyer who values a well-proportioned interior over a big yard, and who wants a newer build without paying a premium for the neighborhood’s top-tier lot sizes. It’s a solid, unflashy option for someone looking to avoid both the constraints of a small city-centre house and the cost of a large modern suburban lot. It also works for buyers who want to be on a good street with strong comparables, but aren’t chasing the highest assessed values in the area.

Frequently Asked Questions

1. How does this home’s living space compare to similar houses in the neighborhood?
It’s slightly below the Whyte Ridge average of 1,666 square feet, but well ahead of the typical home on Marygrove Crescent (1,312 square feet) and the citywide average for comparable homes (1,342 square feet). You’re getting a house that’s large for its immediate street, but not oversized for the broader neighborhood.

2. Is the assessed value of $479,000 a fair price for Whyte Ridge?
It’s in line with other homes on the same street, but about $50,000 below the Whyte Ridge neighborhood average. That gap reflects the smaller lot size and the fact that many homes in the area have larger land parcels or recent renovations. It’s not overpriced for the street, but you’re paying for interior space, not land.

3. Why is the lot size (4,209 sqft) mentioned as a limitation?
Because lot sizes in Whyte Ridge average 6,175 square feet. This home’s land area is in the bottom 7% of the neighborhood. If you want a big backyard, room for a garden, or potential for future expansion, you may find this restrictive. If yard maintenance is a chore, it’s a plus.

4. How old is the house, and how does that impact upkeep?
Built in 1992, it’s one of the newer homes on Marygrove Crescent (top 8%) and significantly newer than the average Winnipeg home (1966). Major systems like the roof, furnace, and windows are likely original or nearing their replacement age depending on prior updates. A home inspection would clarify what’s been maintained.

5. Who would probably pass on this property?
Buyers who prioritize a large private lot, or who want a home that’s a top performer in assessed value for the neighborhood, might look elsewhere. It’s also less suited to someone who wants a blank canvas for major additions, since the land area limits that possibility.