73.7
Good
Property score
73.7
Good
Overall 73.7
Smaller than most nearby homes
1,271 sqft (bottom 20%)
Built in 1992 (2 yrs older than avg)
Located in a high-income area
with median household income of ~122k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 14 dining spots, 4 healthcare facilitys, 2 shops, and 2 bank/ATMs nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 57%Chinese · 10%
Past 10 years Whyte Ridge sales snapshot (~80% of all data)
752
536.3k
$352/sqft
1994
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73.7 is composed by the two sections below.
Property Score
Community Score
Whyte Ridge
How to read: Share of sales in each ~$50k price band for “whyte ridge” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111055
$122K
Median household income
$124K
Average household income
9%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.7
P90 / P10 ratio
7%
Single-person households
46%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
172 Marygrove Crescent — 28 amenities found within 500 m, across 6 categories, including 14 dining (nearest 274 m), 4 healthcare (nearest 144 m), 2 shopping (nearest 340 m).
Whyte Ridge · WPS public data · 2026
Annual incidents
4
2026
vs. city avg
-86%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Violent
75%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 10% | Top 36% | Top 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 1992-built home sits on a 4,200 sqft lot in Whyte Ridge, Winnipeg. With 1,271 sqft of living space and an assessed value of $481,000, the property offers a compact footprint that aligns closely with street-level and citywide averages. Its strongest comparative advantage is its age: it ranks in the top 8% for newer construction on Marygrove Crescent, and top 21% citywide—meaning most Winnipeg homes are significantly older.
Where the property falls short is land area. The lot is well below the Whyte Ridge average (4,200 vs. 6,175 sqft), ranking in the bottom 7% of the neighbourhood. The assessed value is also below the neighbourhood median, though above the citywide median. This suggests a home that is relatively modest for its area in terms of yard space and price, but newer than many nearby alternatives.
The appeal lies in a lower entry point into a desirable, established neighbourhood. Buyers get a newer home without paying a premium for a large lot they may not want to maintain. This property would suit owners who prioritize interior quality, low outdoor upkeep, and a central location over sprawling yard space. It may also appeal to those looking for a home that is already priced below neighbourhood averages, potentially leaving room for gradual value growth as surrounding properties appreciate.
1. How does the property’s assessed value compare to similar homes nearby?
The assessed value of $481,000 is slightly above the street average of $476,300, but below the Whyte Ridge neighbourhood average of $529,600. Citywide, it ranks in the top 23%, meaning it is valued higher than most Winnipeg homes.
2. Is the lot size unusually small for the area?
Yes. At 4,200 sqft, it is about 30% smaller than the Whyte Ridge average of 6,175 sqft. It ranks in the bottom 7% of the neighbourhood for land area. However, it is closer to the street average on Marygrove Crescent (4,732 sqft), so smaller lots are not unheard of on this particular street.
3. When was the home built, and how does that compare to other homes?
The home was built in 1992. This places it in the top 8% for newer construction on Marygrove Crescent and top 21% citywide. Most homes in Winnipeg were built significantly earlier (citywide average is 1966). In the Whyte Ridge neighbourhood, the average build year is 1994, so this home is slightly older than the local median but still newer than most citywide alternatives.
4. Why is the property priced below the neighbourhood average if it’s newer?
Land area is a major factor. The smaller lot lowers the overall assessed value compared to neighbours with larger yards. Newness alone does not fully offset the value tied to land size in a neighbourhood where bigger lots are the norm. This can create an opportunity for buyers who are less concerned with outdoor space.
5. How does the living area compare to typical homes in Whyte Ridge?
At 1,271 sqft, the living area is below the Whyte Ridge average of 1,666 sqft. It ranks in the bottom 20% of the neighbourhood. However, it is close to the citywide average of 1,342 sqft and roughly on par with other homes on Marygrove Crescent. This is a compact home by neighbourhood standards, not by city standards.
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