Property Overview: 139 Willowbend Crescent, Winnipeg

Key Characteristics & Appeal

This 1983-built home in River Park South presents a compelling mix of attributes defined by clear trade-offs. Its primary appeal lies in its generous, above-average lot size of over 8,500 sq ft—a standout feature that ranks in the top 5% on its own street and top 7% in the neighborhood. This offers significant outdoor space and potential not found in many newer subdivisions. Paired with this is a well-above-average assessed value for the street, suggesting the property is perceived as a premium offering on Willowbend Crescent.

However, the home’s living area of 991 sq ft is notably below average for the street, neighborhood, and city. This creates a distinct profile: a property with a premium lot and valuation, but a more compact living footprint. It would suit a buyer who prioritizes private outdoor space over expansive indoor square footage, such as those interested in gardening, outdoor recreation, or future expansion potential. It may also appeal to a value-conscious purchaser looking for an entry point into a stable neighborhood, who is willing to invest in modernizing or extending the existing structure over time. The mature neighborhood setting and the home's solid "elite" ranking for its year built on the street indicate a well-established, timeless location.

Frequently Asked Questions

1. Is the assessed value of $443k reasonable for a home under 1,000 sq ft?
While the living space is compact, the assessed value reflects other premium factors, most notably the very large lot size. On its own street, this value ranks in the top 12%, indicating it is assessed higher than most comparable neighbors, likely due to its land value and overall condition.

2. What does the below-average living area mean practically?
It means the home’s interior square footage is smaller than most in the area. Buyers should expect efficient, possibly cozier living spaces rather than sprawling rooms, and consider if the layout meets their needs or if there is a budget for a future addition to capitalize on the large lot.

3. How does the large lot size benefit me?
Beyond privacy and space for activities, a lot of this size (over 60% larger than the street average) is a scarce commodity in mature neighborhoods. It provides flexibility for additions, landscaping projects, sheds, or pools, and typically holds intrinsic long-term value.

4. The home last sold in 2016. Is there a price history available?
The listed sold price range is based on public data. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email, as they do not display MLS records directly.

5. Are the nearby comparison properties truly similar?
The listed nearby properties provide context for the area but vary in key specs. For a precise comparison of year built, lot size, and value on a map, it’s best to use the dedicated neighbourhood analysis page linked in the details.