75 Southbend Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1,837-square-foot home built in 1990 on a 6,621-square-foot lot in Whyte Ridge, Winnipeg. Its appeal lies in a combination of above-average living space and land area relative to comparable homes at the street and city level, paired with an assessed value that sits near the median for its street and neighbourhood. While the home is not the newest in Whyte Ridge (the neighbourhood average year built is 1994), it ranks well within the top 11% of homes on Southbend Crescent by age, and is significantly newer than the citywide average of 1966. The land area is above average across all three scopes—street, neighbourhood, and city—which is less common for homes in this price tier. The assessed value of $504,000 is slightly below the street and neighbourhood averages, suggesting a potential value entry point relative to nearby properties. This property would suit buyers who prioritize interior square footage and yard space over a recently renovated or ultra-modern finish. It may also appeal to someone looking for a home with a solid 1990s build quality on a generous lot in a stable, established suburban neighbourhood, without paying a premium for a property that’s already been assessed closer to the neighbourhood peak.
Frequently Asked Questions
1. How does the living space compare to other homes in Whyte Ridge?
At 1,837 square feet, the living area is above average on Southbend Crescent (ranked 13th out of 55 homes) and slightly above the citywide average for comparable homes. However, it is around average for the Whyte Ridge neighbourhood overall, where the typical home is 1,666 square feet. This means you get more interior space than many nearby homes, but not so much that it stands out from the entire neighbourhood.
2. Is the assessed value a fair reflection of the home’s condition or market price?
The assessed value of $504,000 is below both the street average ($508,700) and neighbourhood average ($529,600). This does not necessarily indicate a problem—it may reflect that the home has not been recently updated compared to others, or that its lot or interior layout is valued slightly lower. It’s worth understanding what the assessment is based on (e.g., recent sales data, square footage, lot size) and comparing it to current market listings in the area.
3. How does the lot size compare, and does that matter in Whyte Ridge?
The lot is 6,621 square feet, which is above average on the street (top 16%) and in the neighbourhood (top 25%). In Whyte Ridge, larger lots are relatively common, but this one sits comfortably above the median. For buyers who value outdoor space, gardening, or room for additions, this is a meaningful advantage—citywide, only 20% of comparable homes have a larger land area.
4. What does “around average” mean for the year built in Whyte Ridge?
The home was built in 1990, which is earlier than the Whyte Ridge average of 1994. That’s a gap of only four years, but it means the home is not among the newer builds in the area. Many homes in Whyte Ridge were built in the early-to-mid 1990s, so this property fits into the older end of that wave. If you’re concerned about maintenance or systems like roofing and windows, you’d want to check their condition—but the construction era is typical for the neighbourhood.
5. How is “comparable homes” defined in these rankings?
The rankings compare the property to other single-family homes within the same street, neighbourhood (Whyte Ridge), and citywide category that are similar in type and size. The “Avg” benchmark is a rough median for those peers, not a citywide average for all homes. This means the comparisons are relevant and tailored, but they don’t account for every variable like condition, renovations, or architectural style.