Property Overview & Key Characteristics
This two-storey home at 75 Yaleton Street is a modern, low-maintenance property built in 2024. Its primary appeal lies in being a nearly new build in the established South Pointe West neighbourhood, offering a balance of contemporary living without the wait and uncertainties of new construction. Key features include an attached garage and a full, unfinished basement that presents a clear opportunity for future customization.
The home suits first-time buyers or young families looking for a move-in-ready property with modern building standards. It also appeals to practical buyers who value a newer home's efficiency and warranty potential but want the character of an older, tree-lined street. The lot size is above average for the street, offering good outdoor space relative to its peers. A thoughtful perspective is that while the interior is modern, the unfinished basement means utility costs and layout are a known quantity, avoiding the surprises that can come with a previous owner's renovation choices.
Frequently Asked Questions
Is this a brand-new home?
No, it was built in 2024, so it is approximately two years old. This means it is past the initial "shrink-settle" phase of a brand-new build, but it remains under most of the original builder and manufacturer warranties.
What does the "unfinished basement" mean for me?
The basement is a blank canvas with full headroom and plumbing/electrical rough-ins likely in place. It adds significant potential value, but any development (like adding a bedroom, bathroom, or rec room) would be an upfront investment and require proper permits.
How does the property compare to others on the street?
The data shows it has a larger-than-average lot for Yaleton Street and is one of the newest homes on the block. This combination of a newer home on a larger lot is a notable strength in this location.
What is the neighbourhood like?
South Pointe West is a mature, family-oriented neighbourhood in Winnipeg. The presence of both older homes and new infill builds like this one suggests a community in a steady, natural renewal phase.
Why is the recent sold price different from the assessed value?
The home sold for $52,400 in April 2024, while the current assessed value is $49,700. This is a normal discrepancy, as assessed values for taxation purposes often lag behind current market sales. The sale price is the most accurate reflection of its very recent market value.