147 Southbend Crescent

Whyte Ridge, Winnipeg

Property score

76.4

Good

Overall 76.4 · Smaller than most nearby homes

1,293 sqft (bottom 22%) · Built in 1989 (5 yrs older than avg)

Located in a high-income area with median household income of ~151k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 77%Chinese · 5%

Past 10 years Whyte Ridge sales snapshot (~80% of all data)

Sold Count

752

Median price

536.3k

$/sqft

$352/sqft

Avg build year

1994

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Property score

76.4 is composed by the two sections below.

Property Score

66.4Good
Living Area1,293 sqft66Good
Year Built198978Good
Lot Size5,063 sqft67Good
Neighbourhood Sales Activity23Low

Community Score

91.3Excellent
Household Income94Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111171

Community deep dive

$151K

Median household income

$152K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.3

P90 / P10 ratio

5%

Single-person households

47%

Families with children

Population, labour & age

Population (2021)574
Labour force participation rate64%
Median age44.4
Avg household size3.0
Unemployment rate5%
Population density1025 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households5%
Couple families with children47%
Median household income (2020)$151K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority10%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Chinese · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,293 sqft
0255075100
Same streetBottom 18%Same areaBottom 22%CitywideTop 42%
Same street · Southbend Crescent
#45 / 55
Bottom 18% · Avg 1,572 sqft
Same area · Whyte Ridge
#1,856 / 2,382
Bottom 22% · Avg 1,666 sqft
Citywide · Winnipeg
#81,870 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
485k
0255075100
Same streetBottom 24%Same areaBottom 27%CitywideTop 22%
Same street · Southbend Crescent
#42 / 55
Bottom 24% · Avg 508.7k
Same area · Whyte Ridge
#1,727 / 2,382
Bottom 27% · Avg 529.6k
Citywide · Winnipeg
#43,333 / 194,458
Top 22% · Avg 390.1k

Year Built

above average
1989
0255075100
Same streetTop 22%Same areaBottom 31%CitywideTop 23%

Lot Size

around average
5,063 sqft
0255075100
Same streetBottom 4%Same areaBottom 29%CitywideBottom 47%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

147 Southbend Crescent — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 404 m), 2 parks (nearest 368 m).

Search radius
🏫Education1
🌳Parks2

Crime & Safety

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%

Sales History

Sold 6/2022CA$500k–550k
Sold price

Same street

Top 14%

Same area

Top 38%

City-wide

Top 15%
Sold 11/2016CA$350k–400k
Sold price

Same street

Bottom 21%

Same area

Bottom 9%

City-wide

Top 38%

Related homes

Highlights & common questions: 147 Southbend Crescent, Winnipeg

147 Southbend Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 1,293 sqft home built in 1989 on a 5,063 sqft lot in Winnipeg’s Whyte Ridge neighbourhood. Its assessed value is $485,000.

What stands out: The home is older than much of the surrounding neighbourhood (top 22% on the street for year built), but the lot is notably small—it ranks in the bottom 4% on Southbend Crescent for land area. Living space is also below the street and neighbourhood average, though it’s close to the citywide median. The assessed value, however, outperforms most of the city (top 22%), suggesting the property carries above-average value per square foot relative to other Winnipeg homes. In other words, you’re paying a premium for the location and the house itself, not the land.

Who it suits: Buyers who want a solid, moderately sized home in an established neighbourhood without wanting to maintain a large yard. It may appeal to those who prioritize being in Whyte Ridge (a desirable area) over having a big lot or the newest finishes. Less suited for someone looking for a fixer-upper on a large plot, or for families who need significant indoor or outdoor space.


Frequently Asked Questions

1. How does this home compare to others on the same street?
On Southbend Crescent, it’s below average in living area (1,293 sqft vs. 1,572 avg), land area (5,063 sqft vs. 6,335 avg), and assessed value ($485K vs. $508.7K avg). But it’s among the newer homes on the street (tied with the average build year of 1989). So it’s competitive in age but smaller in both house and yard.

2. Is the assessed value realistic given the smaller lot?
The value is above average citywide but below the street and neighbourhood averages. That likely reflects the home’s condition, finishes, and location within Whyte Ridge, rather than the land size. A smaller lot can be an advantage for lower maintenance, but it may limit future resale potential if buyers in the area typically want more outdoor space.

3. Why is the lot size ranked so low if it’s only a bit smaller than average?
The ranking is relative to other homes on the same street. On Southbend Crescent, most lots are 6,000+ sqft, so a 5,063 sqft lot places near the bottom. However, citywide, it’s roughly average (top 53%). So it’s not a tiny lot by Winnipeg standards—just small for this specific street.

4. Is the living area too small for the neighbourhood?
It’s below the neighbourhood average of 1,666 sqft, but not drastically so. Many homes in Whyte Ridge are two-storey or split-level, while this may be a bungalow or compact design. It’s worth seeing the floor plan to judge layout efficiency—1,293 sqft can feel generous if well-designed, or tight if poorly arranged.

5. What should a buyer check beyond the stats?
Since the lot is small and the home is older (1989), look for signs of deferred maintenance—roof age, windows, HVAC, and foundation condition. Also consider whether the home has been updated or remains original. A well-maintained 1989 home can be more reliable than a newer one with rushed construction, but an outdated one may need significant investment. The neighbourhood map analysis (linked) would show how this property sits relative to nearby homes—worth a look before viewing.

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