2 Southbend Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1,550 sqft home built in 1992 with a 5,673 sqft lot, located in the Whyte Ridge neighbourhood of Winnipeg. Its standout feature is the year built—it's the newest home on its street, ranking 1st out of 55 properties. That’s unusual for a 1990s home and suggests the street has older housing stock, so this property offers a more modern floor plan and likely fewer immediate updates than its neighbours. The assessed value ($512k) is above average citywide, but sits right around the street and neighbourhood averages—meaning you’re not paying a premium for that newer construction relative to what's nearby. The living area is slightly above the city median but typical for the street, and the lot size is unremarkable across all comparisons. This home would suit a buyer who wants a newer, move-in-ready home in an established neighbourhood, without needing a huge yard or unusual square footage. It's a solid, middle-of-the-road option that stands out mainly for its relative newness on the block—good for someone who values modern finishes and lower maintenance over land size or prestige.
Frequently Asked Questions
1. How does the assessed value compare to similar homes in Winnipeg?
Citywide, the home ranks in the top 18% by assessed value, meaning it's worth more than most comparable homes across the city. But within Whyte Ridge and on Southbend Crescent specifically, it's right around the average—so the value is aligned with the immediate area, not inflated.
2. Is the lot size small for the neighbourhood?
Not small, but slightly below average. The lot is 5,673 sqft, which ranks in the bottom half on the street (32 out of 55) and near the middle of the neighbourhood. It's typical for Winnipeg overall. If a large yard is a priority, you'd find more space elsewhere on the street.
3. Why is the year built a highlight?
The home was built in 1992, making it the newest on Southbend Crescent—which has an average build year of 1989. That might not sound like much, but it means this home likely has newer construction standards, better insulation, and fewer deferred maintenance issues than older houses nearby. It's a practical advantage, not just a statistic.
4. How does the living area compare to other homes in Whyte Ridge?
It's about 116 sqft below the neighbourhood average of 1,666 sqft, and ranks in the top 57%—so slightly smaller than typical for the area. Citywide, it's above average, so it's a decent size for the price but not generous by local standards.
5. Where can I see how this property compares to nearby houses on a map?
You can open the neighbourhood analysis page linked in the full listing. It shows this property plotted against nearby homes, with data on year built, living area, assessed value, and lot size side by side. That's the best way to judge the property in context.