87 Southbend Crescent

Whyte Ridge, Winnipeg

Property score

85.2

Excellent

Overall 85.2 · Compared with neighbourhood average

1,797 sqft (top 36%) · Built in 1989 (5 yrs older than avg)

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

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Near average

8% larger than neighborhood avg.

Taon ng Paggawa

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

85.2 is composed by the two sections below.

Property Score

81.1Excellent
Living Area1,797 sqft86Excellent
Taon ng Paggawa198978Good
Lupa6,621 sqft85Excellent
Neighbourhood Sales Activity23Low

Community Score

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

Istatistika ng benta ng komunidad

Whyte Ridge

How to read: Share of sales in each ~$50k price band for “whyte ridge” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

lampas sa average
1,797 sqft
0255075100
Same streetTop 29%Same areaTop 36%CitywideTop 17%
Same street · Southbend Crescent
#16 / 55
Top 29% · Avg 1,572 sqft
Same area · Whyte Ridge
#852 / 2,382
Top 36% · Avg 1,666 sqft
Citywide · Winnipeg
#33,629 / 194,458
Top 17% · Avg 1,342 sqft

Assessed Value

lampas sa average
509k
0255075100
Same streetTop 42%Same areaBottom 47%CitywideTop 18%
Same street · Southbend Crescent
#23 / 55
Top 42% · Avg 508.7k
Same area · Whyte Ridge
#1,253 / 2,382
Bottom 47% · Avg 529.6k
Citywide · Winnipeg
#35,684 / 194,458
Top 18% · Avg 390.1k

Taon ng Paggawa

lampas sa average
1989
0255075100
Same streetTop 22%Same areaBottom 31%CitywideTop 23%

Lupa

lampas sa average
6,621 sqft
0255075100
Same streetTop 16%Same areaTop 25%CitywideTop 20%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

87 Southbend Crescent — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 452 m).

Search radius
🌳Parks1

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%

Kasaysayan ng Benta

Naibenta 8/2020CA$400k–450k
Presyo ng benta

Parehong kalye

Bottom 36%

Parehong lugar

Bottom 18%

Buong lungsod

Top 32%
Naibenta 9/2016CA$350k–400k
Presyo ng benta

Parehong kalye

Bottom 1%

Parehong lugar

Bottom 3%

Buong lungsod

Top 44%

Related homes

Mga tampok at karaniwang tanong: 87 Southbend Crescent, Winnipeg

87 Southbend Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 1,797 sqft home built in 1989 on a 6,621 sqft lot in Whyte Ridge, Winnipeg. Its assessed value is $509,000.

The property stands out most for its lot size. It ranks 9th out of 55 homes on the same street (top 16%) and above average both within the neighbourhood and citywide. The living area is also notably generous—above average on the street, around average for the neighbourhood, and well above the citywide median.

The house itself is slightly older than the Whyte Ridge average (1989 vs. 1994), but newer than most homes city-wide. The assessed value is essentially average for Southbend Crescent and the neighbourhood, but far above the Winnipeg median—reflecting the premium attached to this area and lot size.

What it offers, less obviously: This isn’t the flashiest or newest house in Whyte Ridge, but it sits on a lot that’s genuinely larger than many nearby. That’s a practical asset—more outdoor space, more separation from neighbours, and more flexibility for future additions or landscaping. The assessed value being neck-and-neck with the street average also suggests there’s no premium baked in yet for that extra land; it may be undervalued relative to its physical footprint.

Who it suits: Buyers who prioritize outdoor space and a quiet street over a fully updated interior or a newer build. Good for families wanting room for kids or a garden without moving to a far-out suburb. Also suited to someone who sees potential value—the lot is the standout feature, and the house is solid but not overpriced for the area.


Five Possible FAQs

1. How does this property compare to others on Southbend Crescent?
It ranks in the top 16% for land area and top 22% for year built, but is roughly average in assessed value. That means you’re getting one of the bigger, newer lots on the street without paying a premium compared to neighbours.

2. Is the assessed value of $509k realistic for this home?
It’s right in line with the street average ($508.7k) and slightly below the neighbourhood average ($529.6k). Given the larger land and living area, the assessed value looks fair if not slightly conservative relative to the lot size.

3. How old is the house, and is that a concern?
Built in 1989—solidly middle-aged. Newer than most Winnipeg homes (city-wide average is 1966) but older than the Whyte Ridge average (1994). Expect typical maintenance for a 35-year-old home, but construction from that era is generally sound.

4. What’s the neighbourhood like for families?
Whyte Ridge has above-average living space and lot sizes compared to the city. It’s established, with mature trees and a mix of home styles. The street ranking suggests Southbend Crescent is a step above even the neighbourhood average for lot size.

5. Could this be a good investment property?
Potentially, if you’re looking for land value. The lot is bigger than 84% of homes on the same street and top 20% city-wide. That kind of asset tends to hold value better than a dated interior. But the assessed value being average suggests you’re not overpaying for that land today.

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