Property Overview
This home at 118 Yasmin Ali Crescent presents a compelling opportunity in Winnipeg's Waverley West B neighborhood. Its primary appeal lies in its exceptional newness. Built in 2024, it is among the newest homes not just on its street, but in the entire city, ranking in the top 1%. This translates to modern construction standards, contemporary layouts, and minimal immediate maintenance.
With a living space of 2,047 sqft, the home offers above-average roominess compared to the Winnipeg average, while fitting the typical scale of its immediate area. The lot size is consistent with others on the street. The assessed value sits comfortably around the average for the street and neighborhood, but is notably above the citywide average, reflecting the desirability of newer homes in this area.
This property is ideally suited for buyers seeking a modern, move-in-ready home without the wait or uncertainties of new construction. It would particularly appeal to professionals or families looking for a contemporary living space in a developing community, who value newer infrastructure and efficient designs over larger, established lots.
Frequently Asked Questions
Q: How does the newness of this home practically benefit a buyer?
A: Beyond just looking modern, a 2024 build means adherence to current building codes, energy efficiency standards, and warranty coverage. You're likely to face lower repair costs and utility bills in the near term compared to an older home.
Q: The lot seems average for the street but smaller than the neighborhood and city averages. Is that a concern?
A: This is typical for newer subdivisions where land use is more efficient. It means less yard maintenance but also a more compact community feel. If a large, private yard is a priority, this may not be the best fit. If you prefer a low-maintenance exterior, it's an advantage.
Q: The assessed value is above the city average but around average for this street. What does that indicate?
A: It suggests you are paying a premium for the modern home and neighborhood, but are not overpaying relative to your direct neighbors. It indicates a stable, in-demand micro-market within the city.
Q: What does the "elite" ranking for year built really mean?
A: Statistically, it means this home is newer than over 99% of comparable properties across Winnipeg. On a street where the average home is also built in 2024, it's at the very front of the trend, likely with the latest finishes and designs.
Q: Who might this property not suit?
A: Buyers seeking character, mature trees, and the established feel of an older neighborhood may find it lacking. Similarly, those wanting extensive outdoor space for gardening or recreation might find the lot size limiting compared to older areas of the city.