Property Overview: 67 Yellow Rail Crescent, Winnipeg
Key Characteristics & Appeal
This 2021-built home in Ridgewood South offers a modern, move-in-ready foundation with above-average space. Its 2,039 sqft living area is notably larger than most Winnipeg homes (top 10% city-wide) and is also above the average for its own street. The lot size of 6,428 sqft is generous for the immediate area, ranking in the top 10% of Yellow Rail Crescent.
The home’s primary appeal lies in its balance of new construction benefits and established community context. Built just five years ago, it ranks in the elite top 2% city-wide for age, suggesting modern building standards, energy efficiency, and minimal immediate repair needs. Its assessed value of $533k sits above the city average but is slightly below the Ridgewood South neighborhood average, potentially offering relative value within this specific area.
This property would suit buyers seeking a modern home without the wait of new construction, particularly those who value more interior space and a larger yard on a street of newer homes. It’s also a practical fit for someone looking to minimize surprise maintenance issues in the near term. A thoughtful perspective is that while the home is newer than most in Winnipeg, it’s typical for its own street, meaning you’re buying into a uniformly modern streetscape rather than being the sole updated house on the block.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices on the street?
The home last sold in May 2021 for an estimated $450k-$500k. Its current assessed value of $533k is above that range but ranks closely (15th out of 58) on a street where the average assessment is $510.2k. This suggests the assessment is in line with recent area valuations.
2. Is the lot size typical for the neighborhood?
The lot is above average for Yellow Rail Crescent but smaller than the broader Ridgewood South average of 8,317 sqft. This indicates the property offers good private outdoor space for its specific subdivision, though some older parts of the neighborhood may have larger lots.
3. What does the "Top 2%" ranking for year built really mean?
This highlights that very few homes in all of Winnipeg are as new as this one. It signals lower likelihood of major system replacements (roof, furnace, windows) in the coming decade compared to the typical Winnipeg home built in 1966.
4. Why is the home’s neighborhood value rank lower than its city-wide rank?
While the home’s value is in the top 15% city-wide, it’s around the middle (top 48%) for Ridgewood South. This reflects that Ridgewood South is generally a higher-value area with many homes assessed even higher, so the property is more average within its own desirable neighborhood context.
5. Where can I verify the exact historical sale price?
The provided sold price is an estimate from public data. For fully verified figures and a complete transaction history, you must request a manual lookup from the site via email, as they do not display MLS sold records.