55 Stan Schriber Crescent

Property Overview: 55 Stan Schriber Crescent, Winnipeg

Key Characteristics & Appeal

This home is a well-positioned, modern property built in 2016, offering the balance of a newer build within an established neighbourhood. With 1,486 sqft of living space and an assessed value of $453k, it sits comfortably in the middle range for its immediate street and the broader Peguis area. Its true standout feature is its relative newness; compared to the city-wide average home built in 1966, this property is notably newer, suggesting modern construction standards, likely better energy efficiency, and less immediate need for major updates.

The appeal lies in this equilibrium. It’s not the largest or smallest home on the block, nor the most or least expensive, which can indicate a stable and predictable value proposition. The lot size (3,826 sqft) is manageable, suited for those who want outdoor space without the upkeep of a larger yard. This profile suits practical buyers—growing families, professionals, or downsizers—who prioritize a move-in ready, modern home in a settled community over a fixer-upper or a brand-new, potentially pricier subdivision lot. A thoughtful perspective is that its "above average" city-wide ranking for year built and assessed value suggests it may hold its value well against the broader, older Winnipeg housing stock, while its "around average" standing on its own street indicates it fits seamlessly into the local streetscape.

Frequently Asked Questions

1. How does this home’s value compare to recent sales in the area?
The home last sold between $450k-$500k in late 2021. Its current assessed value of $453k places it in the top 30% for sold prices on its street and top 23% city-wide, indicating its valuation is strong compared to the broader market.

2. Is the lot size typical for the neighbourhood?
At 3,826 sqft, the lot is slightly smaller than the street average (~4,116 sqft) and notably smaller than the Peguis area average (~5,966 sqft). It’s a manageable size, common for newer infill developments, but may offer less private outdoor space than some older properties in the area.

3. What does the "above average" year built ranking mean practically?
Built in 2016, this home is newer than 94% of homes across Winnipeg. Practically, this often translates to modern building codes, more contemporary floor plans, and potentially lower maintenance and utility costs in the near term compared to the city's predominantly older housing stock.

4. Who would this property not be ideal for?
It may not suit buyers seeking a very large lot, extensive garden space, or a character home with vintage details. Similarly, those looking for a bargain-priced project home or the absolute largest square footage for the money in the Peguis area might find more suitable options.

5. How can I verify the exact historical sale price?
The provided sold price is a range from public records. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as they do not display proprietary MLS sold data.