91 Southbend Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 1,483 sqft home built in 1989 on a 6,621 sqft lot in the Whyte Ridge neighbourhood of Winnipeg. The property ranks well above average in several categories. On its own street, it sits in the top 16% for both assessed value and land area, and the top 22% for year built. City-wide, it ranks in the top 16% for assessed value and top 20% for lot size. The assessed value of $527,000 is notably above the street average of $508,700 and the citywide average for comparable homes of $390,100.

The appeal lies in a combination of a larger-than-typical lot and a slightly newer build relative to many Winnipeg homes. While the living area is around average for the street and neighbourhood, the land gives it room for expansion, gardens, or outdoor living—something that isn’t common in newer developments with smaller lots. The property suits buyers who want a solid, established home in a mature neighbourhood without paying a premium for a fully renovated or expanded layout. It’s a good fit for someone who values outdoor space and a strong resale position over a maximized interior square footage.

Five Possible FAQs

1. How does the assessed value compare to what I might actually pay?
Assessed value is a market-based estimate used for property taxes, not a listing or sale price. This home’s assessment of $527,000 is above the street average, which signals strong demand in the immediate area. However, final sale prices depend on condition, renovations, and market timing.

2. Is a 1,483 sqft living area small for a 1980s home?
It’s average for Whyte Ridge and this street. Many homes of this era in Winnipeg have similar or slightly larger layouts. The value here is more in the land and overall condition than in having an oversized interior. For comparison, the citywide average living area for comparable homes is only 1,342 sqft.

3. Why does the lot size matter more than the house size in this case?
A 6,621 sqft lot puts this property in the top 20% city-wide and top 16% on its street. In a market where newer infill homes often sit on much smaller lots, this gives flexibility—whether for a future addition, a garage, a workshop, or simply privacy. The land itself holds long-term value, even if the house stays as-is.

4. How old is the home, and what should I watch for in a 1989 build?
The home is about 35 years old. This era typically has good bones—often with 2x6 exterior walls and upgraded insulation compared to earlier decades. Common items to check include the roof age (likely due for replacement if original), the condition of windows, and whether the mechanical systems (furnace, AC, water heater) have been updated.

5. What’s the neighbourhood like for resale value?
Whyte Ridge ranks around average for assessed values within its own neighbourhood, but the street itself is stronger. Properties on Southbend Crescent that have larger lots and solid assessments tend to hold value well. The neighbourhood is established, with mature trees and good access to schools and amenities, which typically keeps demand steady even in slower markets.