Property Overview: 186 Willowbend Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home on Willowbend Crescent in River Park South presents a solid, above-average offering within its immediate context. Built in 1983, it is notably newer than most comparable homes on its own street, ranking in the top 4%. With 1,591 square feet of living space, it provides more room than the typical home on its street and across Winnipeg, appealing to those seeking space without the footprint of a brand-new build.

Its primary appeal lies in its balanced and established position. The assessed value of $424k sits above the street average, yet remains below the current neighborhood average, suggesting a potentially favorable value proposition within River Park South. The lot size is consistent with the area. This profile suits practical buyers—growing families or downsizers alike—who prioritize move-in ready space in a mature neighborhood with proven stability. It’s a home that stands out on its own block for its size and newer vintage, while blending seamlessly into the broader community.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
Based on available data, a home on this street sold in October 2021 for between $450,000 and $500,000, a price that ranked in the top 16% for the street at that time. The current assessed value of $424k for 186 Willowbend Crescent is above the street’s average assessed value of $411.1k.

2. Is the living space considered large for the area?
Yes. With 1,591 sqft, this home is larger than the average comparable home on Willowbend Crescent (1,300 sqft) and in Winnipeg overall (1,342 sqft). It is approximately average relative to the broader River Park South neighborhood (1,410 sqft average).

3. What does the “Elite” ranking for year built mean?
This indicates the home, built in 1983, is among the newest on its street. It ranks #3 out of 84 comparable homes on Willowbend Crescent, meaning only two are newer. This can be an advantage for maintenance and systems that may be closer to modern standards.

4. How can I verify the exact historical sold prices?
The publicly available data shown provides estimated price ranges. To obtain fully verified and exact sale figures from the MLS, you must request a manual lookup from the site administrators, who will email you the information.

5. The assessed value is below the neighborhood average. What does that indicate?
While the home’s assessed value is above its street average, it is below the River Park South neighborhood average of $447.2k. This doesn’t necessarily reflect condition, but may relate to specific home features, updates, or lot characteristics. It positions this property as potentially more accessible than the neighborhood norm while still on a desirable street.