Property Overview
This 2023-built home at 38 Yasmin Ali Crescent presents a distinct value proposition defined by its relative newness and efficient design. With 1,573 sqft of living space, it is a more compact offering within its immediate, newer neighborhood of Waverley West B, where homes tend to be larger. This positions it as a modern, lower-maintenance home in a community of newer constructions. Its city-wide tax assessment value ranks within the top 15% for Winnipeg, suggesting solid perceived value from an official standpoint.
Key Characteristics & Target Buyer
The primary appeal of this property lies in its balance of being a near-new build with a manageable scale. It is ideal for first-time homebuyers, small families, or downsizers seeking a modern home without the upkeep of an older property or the size of a larger mansion. Its 2023 construction means major systems, finishes, and warranties are essentially current, offering significant peace of mind.
A thoughtful perspective is its positioning within the local market. While its living and land space are below the averages for its specific street and community, this translates to a potentially more affordable entry point into a desirable, newer suburban area. The home offers a chance to live in a fresh neighborhood without the premium price tag of one of its largest models. The above-average city-wide assessment, compared to its below-average local assessments, indicates it holds value well against the broader, older housing stock of Winnipeg, making it a prudent long-term investment in a modern asset.
Frequently Asked Questions
1. Is this home significantly smaller than its neighbors?
Yes, in terms of both living area and lot size, this home is below the average for Yasmin Ali Crescent and the Waverley West B community. This is typical for newer subdivisions where home sizes can vary. The benefit is a modern home in a sought-after area, often at a more accessible price point.
2. Why is the tax assessment higher than the Winnipeg average?
The assessment reflects the property's new condition, modern amenities, and location within a developing community. Compared to Winnipeg's overall housing stock, which includes many older homes, a 2023 build naturally commands a higher official valuation.
3. What are the advantages of a 2023 build?
You can expect contemporary building standards, energy efficiency, and minimal immediate repairs. Major components like the roof, HVAC, appliances, and finishes are nearly new, reducing foreseeable maintenance costs and hassle for years.
4. Who would this property NOT suit as well?
Buyers seeking a large lot for extensive gardening, outdoor recreation, or future expansions may find the lot size limiting. Similarly, those requiring substantial interior space for a large family or specific hobbies might prefer a larger model in the area.
5. How should I interpret the ranking data?
The rankings compare this home against three circles: its immediate street, the wider community, and all of Winnipeg. It performs strongest city-wide (top 1% for age, top 15% for value), which highlights its quality against the broader market. The local rankings show it's a more compact option within its own newer, affluent neighborhood, which is key for understanding its relative price and appeal.