94 Stan Schriber Crescent

Property Overview: 94 Stan Schriber Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This home, built in 2016, presents a modern and efficient living space within Winnipeg's Peguis neighborhood. Its primary appeal lies in its balance of above-average interior space and a relatively recent build year, paired with a municipal tax assessment that suggests manageable ongoing costs.

The 1,533 sqft living area is notably larger than the average Winnipeg home, offering comfortable room for a small family or couple. Being a 2016 build, it ranks among the newer 6% of homes city-wide, which typically translates to modern building standards, newer mechanical systems (like furnace and water heater), and less immediate need for major renovations.

The property’s municipal assessment of $405,000 sits close to the city-wide average but is below the average for the Peguis community itself. This could indicate a value opportunity within the area, potentially resulting in slightly lower property taxes than some neighboring homes. A key consideration is the land size. At just under 3,000 sqft, the lot is compact, especially compared to others on its street and in the wider community. This means lower exterior maintenance but less private yard space, suiting buyers who prefer spending less time on landscaping.

This home would best suit first-time buyers or downsizers seeking a modern, low-maintenance property without sacrificing interior square footage. It’s ideal for those who value a newer home’s efficiency and predictability over a large garden. The data suggests it offers a "sweet spot": more modern and spacious inside than many city homes, while carrying an assessment that doesn't premium-price it within its own community.

Section 2: Frequently Asked Questions

1. What does the tax assessment ranking actually mean?
The $405,000 assessment is below the Peguis community average but near the Winnipeg city average. This often reflects the home’s specific attributes (like lot size) compared to others in the area. It doesn't set the market price, but it is the basis for your property tax bill, which may be comparatively reasonable for this neighborhood.

2. The home sold in 2016 for between $250,000-$300,000. Is the current assessment accurate?
The 2016 sale was likely the initial purchase from the builder. Market conditions, community development, and general appreciation over the past eight years make that original price less relevant to today's value. The current assessment is an administrative valuation for tax purposes, not a direct indicator of 2024 market value.

3. How significant is the smaller lot size?
It's a defining feature. The lot is the smallest on the street. This means minimal yard upkeep—a plus for busy owners—but limited space for additions, large decks, or extensive gardening. It emphasizes indoor living over outdoor space.

4. The home ranks in the top 6% for age city-wide. What are the practical benefits?
A 2016 build significantly reduces the near-term risk and cost of replacing major aging components (roof, windows, HVAC) that are common in Winnipeg's older housing stock. It also likely meets more recent energy and building codes, potentially lowering utility costs.

5. How reliable is the comparative ranking data?
The rankings provide helpful context against averages for the street, community, and city. However, they are quantitative comparisons (size, value, year) and don't account for qualitative factors like layout finishes, interior condition, or specific street appeal, which are crucial for a final decision.