10 Southbend Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1989 home in Whyte Ridge offers 2,003 square feet of living space on a 5,498-square-foot lot, with an assessed value of $545,000. Its standout feature is living area: it ranks in the top 4% on its street and top 11% citywide, meaning it’s genuinely spacious compared to most Winnipeg homes. The assessed value is also strong—top 11% on the street and top 13% citywide—reflecting both size and desirability. The year built is fairly typical for the street (1989), but newer than the Winnipeg average (1966), so you’re not dealing with a century home’s quirks. Land is average for the area—not oversized, not cramped.
The appeal lies in space per dollar. You’re getting a larger-than-average interior without paying a premium for a huge lot or a very new build. It’s a solid, well-established neighbourhood (Whyte Ridge) where comparable homes average about $530K, so this property sits slightly above the local norm.
It would suit buyers who prioritize interior square footage and a stable, mid-tier suburban setting—likely families needing room to grow, or anyone who wants a home that’s already sized up without chasing a renovation project. It’s less suited for someone seeking a brand-new build, a sprawling yard, or a fixer-upper bargain.
Five Frequently Asked Questions
1. How does this home’s size compare to others nearby?
It’s notably larger than most. On Southbend Crescent, only two out of 55 comparable homes have more living space. Within Whyte Ridge, it’s in the top 18%. Citywide, it beats 89% of comparable homes.
2. Is the assessed value above or below the local average?
Slightly above the street average ($508.7K) and the neighbourhood average ($529.6K), but well above the citywide average for comparable homes ($390.1K). The gap reflects both size and location.
3. How old is the property, and does that affect maintenance?
Built in 1989, which puts it roughly in the middle for Whyte Ridge (average 1994) but newer than most Winnipeg homes (average 1966). It’s likely due for updates typical of a 35-year-old home—roof, windows, mechanicals—depending on prior ownership.
4. What is the land like—is the yard small?
The lot is 5,498 square feet, which is slightly below the street average (6,335 sqft) and the neighbourhood average (6,175 sqft). It falls in the middle range: not a tight lot, but not expansive. Yard size is functional rather than generous.
5. What type of buyer typically looks at this kind of property?
Buyers who value indoor space over outdoor square footage, and who want a home that’s already established in a family-oriented neighbourhood without needing major structural work. It’s also a strong candidate for anyone comparing assessed value against living area—it offers above-average space without being overpriced relative to the street.