Property Overview: 18 Yasmin Ali Crescent
Section 1: Key Characteristics & Appeal
This 2024-built home offers a modern, move-in-ready opportunity in Winnipeg's Waverley West area. Its key appeal lies in its exceptional newness and efficient, above-average living space relative to the wider city.
The 1,783 sqft living area is thoughtfully designed, ranking above the Winnipeg average and offering comfortable modern living. While the lot is more compact compared to some neighbors, this translates to lower exterior maintenance—a significant perk for busy professionals or those looking to maximize their time indoors rather than on yard work. The assessed value tells a compelling story: while it sits below the average for its immediate street and neighborhood, it ranks in the top 11% city-wide. This suggests you are acquiring a modern, well-sized home at a value-oriented entry point for this specific street, with the potential to benefit from the established values of the surrounding area.
This property is ideally suited for first-time buyers or young families seeking a new build without the wait or hassle of construction, and for value-conscious buyers who prioritize modern interiors and systems over a large yard. It’s also a smart consideration for those who see the below-street-average assessment not as a drawback, but as a strategic opportunity to own a newer home on a established street.
Section 2: Frequently Asked Questions
1. Is the living space sufficient for a family?
Yes. The living area is larger than 82% of comparable homes across Winnipeg, placing it well above the city average. It provides a practical and efficient layout typical of a modern build, suitable for a family.
2. Why is the assessed value below the street and neighborhood average?
This is primarily due to the home's newness. Assessed values in mature neighborhoods often reflect years of market appreciation. As a 2024 build, its assessment hasn't yet caught up to the established values on the street, which can represent a value opportunity for the buyer.
3. What are the implications of having a smaller lot?
The compact lot (4,129 sqft) means less yard maintenance, which can be a desirable advantage. It's important to note that this is a common feature of newer infill developments. Outdoor space is still present but is designed for easy management rather than expansive gardening.
4. How does the new construction benefit me?
A 2024 build means modern building codes, new appliances, HVAC systems, and warranties. It ranks in the top 1% city-wide for year built, offering peace of mind and likely lower immediate repair costs compared to the average Winnipeg home built in 1966.
5. How does this home really compare to others in Winnipeg?
From a city-wide perspective, this home stands out. It offers more living space than most Winnipeg homes, is significantly newer, and has a higher assessed value than 89% of the market. It represents a modern, above-average offering within the broader city context.