Property Summary

Key Characteristics & Buyer Profile

This is a well-above-average single-family home in Southdale, Winnipeg, built in 1994—placing it among the newer homes in the area (top 2% locally). The living area is 1,679 sq ft, which is slightly larger than the Southdale average but notably smaller than typical homes on the same street. The lot, at 6,816 sq ft, is generous by citywide standards (top 19%) though unremarkable for Newcombe Crescent.

The property’s assessed value is $549,000—significantly above the Southdale average ($458k) and in the top 13% citywide. However, it sits below the average for its own street ($623k), suggesting this may be a more accessible entry point into a higher-value block.

Where the appeal lies: You get a newer build on a good-sized lot in a well-regarded neighbourhood, without paying the premium commanded by the largest houses on the street. It’s a solid middle-ground option: not the biggest or most expensive home on the block, but one that holds its own across all key metrics relative to the wider city.

Who it suits: Buyers who prioritize a newer construction year and a strong location over maximum square footage. It would work well for a family wanting a modern home in a mature area, or someone trading up from a smaller property who values lot size and neighbourhood reputation over interior space alone. Less obvious: it may also suit an investor or buyer who sees potential to add value relative to pricier neighbours.

Five Possible FAQs

1. How does this home compare to others on Newcombe Crescent?
It is smaller in square footage than most homes on the street (bottom 6%) and has a lower assessed value (bottom 24%). However, it is newer than roughly a quarter of the street’s homes. You are buying into a street with larger, pricier properties—so the home sits at the lower end of that specific peer group, which may affect resale positioning.

2. Is the lot size considered large for the area?
Locally, it sits near the middle (top 48% in Southdale). Citywide, it ranks in the top 19%, which is quite generous. The lot is a relative strength of the property, even if it is not among the largest on the street itself.

3. Why is the assessed value higher than the area average but lower than the street average?
The home’s $549k assessment reflects its newer construction and location in a desirable neighbourhood. But Newcombe Crescent contains several larger, higher-value homes (average $623k), so this property underperforms that specific benchmark. Compared to the wider Southdale area, it sits comfortably in the top 12%.

4. Is the living area adequate for a family home?
At 1,679 sq ft, it is slightly above the Southdale average (1,569 sq ft) and well above the Winnipeg average (1,342 sq ft). It is not a large home by newer suburban standards, but it is a functional, above-average size for the city. Whether it suits your family depends on how many bedrooms and living spaces you need—worth checking the floor plan rather than relying on square footage alone.

5. What does the ranking data tell me about resale value?
The home is solid across the board but not a standout in any single category except year built. This could mean more stable, predictable appreciation rather than dramatic gains. The combination of a newer build, a good lot, and a strong neighbourhood should support resale, though the street’s higher-end homes may set a ceiling on how much buyers will pay for this property relative to its neighbours.