Property Overview
This 2024-built home at 281 Rangeview Way offers modern living in Winnipeg's Waverley West area. Its primary appeal lies in its combination of new construction, generous interior space, and a strong value position when viewed from multiple angles.
Key Characteristics & Appeal
The home’s standout feature is its above-average living space (2,176 sq ft), which ranks in the top 7% citywide, offering more room than most Winnipeg homes. Paired with a 2024 build date—placing it in the top 1% of homes citywide for newness—it promises modern building standards, minimal immediate maintenance, and contemporary design. The assessed value of $623k is above average for its street and ranks in the top 7% citywide, suggesting a premium property in a broader context, though it sits around the average for the immediate neighborhood.
This property suits buyers prioritizing move-in-ready, modern interiors and spacious floor plans over a large yard. The lot size is notably smaller than averages on the street, in the neighborhood, and citywide, indicating an efficient use of land. This trade-off appeals to those who prefer low-maintenance outdoor space while maximizing indoor living area. It’s an ideal fit for professionals, growing families seeking a new build without custom construction, or downsizers wanting single-level living (assuming bungalow layout) with ample room, all within a newer community of similar-aged homes.
A thoughtful perspective: while the lot is smaller, being on a street where the average home is brand new (2024) suggests a cohesive, freshly developed streetscape with likely similar amenities and infrastructure. The value ranking indicates you are paying for quality and space rather than land, which aligns with modern urban living trends.
Frequently Asked Questions
Q: How does the smaller lot size impact the property?
A: The land area is below average for the street, neighborhood, and city. This typically means a more manageable yard with less maintenance, but potentially less private outdoor space or room for expansions like large decks or additions compared to neighbors.
Q: The assessed value seems high for the neighborhood. Why?
A: While the assessed value is around the neighborhood average, it ranks in the top 7% citywide. This reflects the premium for a new, large home in Winnipeg overall. The value is driven by the modern build and living area, not the lot size.
Q: What does the 2024 build year practically mean for a buyer?
A: As a brand-new home, it should come with builder warranties, modern energy efficiency, and current building codes. It also means you likely won’t face major repairs (like roof or furnace replacements) for many years.
Q: Is the living area truly large for Winnipeg?
A: Yes. At 2,176 sq ft, it surpasses the citywide average (1,342 sq ft) by a significant margin, placing it in the top 7% of homes. It offers substantially more indoor space than a typical Winnipeg home.
Q: How does this home compare to others on its own street?
A: It ranks #1 on Rangeview Way for living area and assessed value, meaning it’s the largest and most valuable on the street. However, it has the smallest lot on the street. All homes on the street average a 2024 build year, so it fits right into a new development.