18 Southbend Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1,537 sqft home built in 1989 on a 5,713 sqft lot in Winnipeg’s Whyte Ridge neighbourhood. Its assessed value is $501,000.
The property sits in a middle ground on its street and in the neighbourhood—neither the smallest nor largest in living or land area, and assessed near the local median. Its standout feature is how it compares citywide: the living area ranks in the top 28% of Winnipeg homes, and the assessed value sits in the top 20%, suggesting above-average size and equity relative to the broader market. The year built is also solid for the city, ranking in the top 23%, though the neighbourhood itself skews slightly newer (average 1994).
Where this property appeals is its balance. It isn’t an outlier in any direction—no unusually large lot or ultra-modern build—but it offers reliable, above-average space and value when measured against the city overall. This makes it a strong fit for buyers who want a home that feels solidly mid-range in its immediate area while holding better-than-average metrics citywide. It would suit someone who values predictability: a home that isn’t the most expensive on the block but is likely to hold its position in the market. It’s less suited for buyers seeking a premium showpiece or a fixer-upper with upside.
Five Possible FAQs
1. How does the lot compare to other homes in Whyte Ridge?
The lot is 5,713 sqft, which is slightly below the neighbourhood average of 6,175 sqft. On the street itself, it ranks 31st out of 55 homes—so it’s on the smaller side locally, but the difference is modest. For Winnipeg overall, it’s close to average (top 39%).
2. Is the assessed value in line with what similar homes sell for?
The assessed value of $501k is close to the street average ($508.7k) and slightly below the neighbourhood average ($529.6k). Citywide, though, it’s well above the median for comparable homes ($390.1k). This suggests the home is priced realistically for its immediate area but represents a higher-value property relative to most of Winnipeg.
3. How old is the home, and what does the year built mean for maintenance?
Built in 1989, it’s one of the older homes on Southbend Crescent (top 22% in age rank, meaning newer than 78% of its street), but older than the Whyte Ridge average (1994). Citywide, it’s newer than 77% of homes. A 1980s build often means original systems (roof, furnace, windows) may need attention soon, but the home has likely benefited from decades of established neighbourhood infrastructure.
4. What does “ranked top 28% citywide for living area” actually mean?
Of nearly 200,000 comparable homes in Winnipeg, this property is larger than about 72% of them. In practical terms, it means you’re getting more interior space than most city homes, even though it’s only average-sized within Whyte Ridge. This can be a useful selling point if buyers are comparing it to homes in other parts of the city.
5. Should I expect the property to be quiet or busy in terms of street presence?
The data doesn’t speak to noise or traffic directly, but the property sits on a crescent (Southbend Crescent), which are typically lower-traffic, curved streets in suburban layouts. The land area is smaller than average for the street, so neighbours are slightly closer than on some nearby lots. It’s reasonable to expect a typical suburban street feel, without being a through road.