Property Overview: 99 Yellow Rail Crescent, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 2021-built home in Ridgewood South offers a modern living experience on a generously sized lot. Its 1,916 sqft living area is competitively sized for the neighborhood and notably above the Winnipeg city average. The property’s standout feature is its 9,224 sqft land area, which is elite for its immediate street and provides ample outdoor space—a relative rarity for a newer build. With an assessed value of $516k, it sits around the average for its street but ranks above average city-wide, suggesting a solid investment in a desirable, developing area.
The appeal lies in its balance of new construction benefits—like modern building standards and minimal immediate maintenance—with the space typically found in older properties. It suits buyers looking for a move-in ready home who still want room for gardening, play, or future additions. It’s a practical choice for growing families or professionals who value both indoor modern comforts and private outdoor space, offering more long-term flexibility than many newer, denser subdivisions.
Frequently Asked Questions
1. How does this home’s value compare to others in the area?
The assessed value is very close to the street average ($510.2k) and slightly below the broader Ridgewood South average. This indicates it is priced consistently within its immediate community, while its city-wide ranking (top 17%) shows it holds stronger value compared to the overall Winnipeg market.
2. Is the lot size unusual for this neighborhood?
Yes. The lot is significantly larger than most on Yellow Rail Crescent (ranking in the top 5%) and is above the neighborhood average. This is a distinct advantage, offering more privacy and potential than many neighboring properties.
3. What can you tell me about the previous sale?
Records indicate a sale in August 2021, with a price range between $450,000 and $500,000. For verified, exact historical sale figures, a manual lookup through the site’s service is required.
4. What are the likely maintenance considerations for a 2021 build?
As a nearly new home, major structural components like the roof, furnace, and windows should be in excellent condition. Buyers should still consider standard due diligence for any home, but can anticipate primarily routine maintenance for the first several years.
5. How does the living space compare to typical Winnipeg homes?
With 1,916 sqft, this home provides substantially more living area than the Winnipeg average of 1,342 sqft (placing it in the top 13% city-wide). It offers spaciousness that is competitive in its specific neighborhood and above average for the city as a whole.