50 Yasmin Ali Crescent

Property Overview: 50 Yasmin Ali Crescent

Key Characteristics & Appeal

This is a modern, well-sized home built in 2023, offering over 2,000 square feet of living space on a standard suburban lot in Waverley West. Its primary appeal lies in its new construction, which means minimal immediate maintenance and modern building standards. The home's assessed value of $588K is notably above the Winnipeg citywide average, reflecting its newer condition and desirable floor plan.

The property finds a balanced position within its immediate context. On its own street and in the wider neighborhood, it is consistently "around average" in terms of value, lot size, and age compared to similar homes. This suggests it fits seamlessly into the area without being an outlier. However, the perspective shifts when viewed citywide: here, the home ranks in the top 10% for living space and value, and in the elite top 1% for its new age. This indicates you are acquiring a property that stands out significantly against the broader, older housing stock of Winnipeg, while being a typical home for its specific, newer subdivision.

This home would suit buyers looking for a move-in ready, modern property in a developing community. It's ideal for those who prioritize contemporary builds over established, mature neighborhoods and want a home that offers above-average space and condition compared to the city as a whole.

Frequently Asked Questions

1. Is this home a good value compared to its neighbors?
The data suggests it is priced in line with its immediate surroundings. Its assessed value ranks 26th out of 60 on the same street, placing it solidly in the middle of the pack for Yasmin Ali Crescent.

2. What does the "elite" citywide ranking for year built mean?
This highlights that the home is exceptionally new compared to most of Winnipeg. With a citywide average build year of 1966, this 2023 construction is among the newest 1% of comparable properties, offering modern infrastructure, efficiency, and design.

3. How does the lot size compare?
At just over 4,350 sqft, the lot is typical for newer subdivisions in Waverley West but is smaller than both the neighborhood and citywide averages for comparable homes. This is common for modern builds and means less yard maintenance but also less private outdoor space.

4. Who might this property not suit?
Buyers seeking a large, mature yard or an established neighborhood with older tree canopies might find the lot size and developing community less appealing. It may also not suit those looking for a bargain below area averages, as it is priced squarely within them.

5. What is the main takeaway from the ranking analysis?
The key insight is the difference between local and citywide context. Locally, this is an average home for the area. When scaled to the entire city, however, it becomes a standout modern property with above-average space and value, offering the benefits of a new build in a popular suburban format.