Property Overview
This 2024-built home on Yasmin Ali Crescent offers a modern living experience with a strong emphasis on above-average space and value within its immediate context. Its appeal lies in being a brand-new, move-in-ready property that provides generous interior square footage compared to most of Winnipeg, while being competitively positioned within its own neighborhood.
Key Characteristics & Ideal Buyer
The home’s standout feature is its 2,049 sqft of living space, which places it in the top 10% city-wide and above the average for its street. It is a genuinely new construction (ranking in the top 1% city-wide for year built), meaning buyers can expect modern building standards, energy efficiency, and minimal immediate maintenance. The assessed value for taxes of $606,000 is notably above the Winnipeg average but sits below the current average for the wider Waverley West B community, suggesting a relative value proposition within this newer area.
This property would best suit:
- Upgraders or young families seeking a modern, spacious home without the need for renovations.
- Value-conscious buyers who prioritize interior living space over a large yard, as the lot size is more typical for the street but smaller than some older community lots.
- Those looking for a balance between a premium, new build and a manageable tax assessment relative to similar homes in the broader area.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s tax assessment is above average for its specific street but is actually slightly below the current average for the wider Waverley West B community. This indicates it may offer more house for the money compared to some community peers, though it commands a premium over older Winnipeg homes overall.
2. As a new build, what are the potential trade-offs?
The home benefits from modern construction and no prior wear. However, the lot size of 4,375 sqft is more compact compared to the community average, which is influenced by older, larger lots. The focus here is on the interior living space and modern amenities rather than extensive outdoor land.
3. What do the rankings actually tell me?
They contextualize each feature against three levels: your immediate street, the broader community, and all of Winnipeg. For example, while the living space is in the top 10% city-wide, it is more accurately above-average on its street. This helps you understand where the property’s strengths are most pronounced.
4. Is the tax assessment likely to change?
As a 2024 build, this is likely one of the first assessments. Assessments often catch up to market values after a full cycle, so prospective buyers should be aware that the assessed value (and thus property taxes) may see an adjustment following the next assessment period.
5. Who might this home not suit?
Buyers seeking a very large yard or established, mature landscaping might find the lot size limiting. Additionally, those sensitive to potential future tax increases as the assessment stabilizes, or who prefer the character and larger lot sizes of older neighborhoods, may want to consider their priorities.