6 Yasmin Ali Crescent: Property Summary
Key Characteristics & Buyer Profile
This is a newer home (built in 2023) with 1,574 square feet of living space on a 4,131-square-foot lot. The property sits in the Waverley West B neighborhood of Winnipeg. Its assessed value is $528,000.
Where the appeal lies: The home’s strongest feature is its age. It ranks in the top 1% city-wide for newer construction, meaning you’re getting a house that’s effectively brand-new relative to most Winnipeg properties. The living area, while below average for both its street and neighborhood, is above average city-wide — so you’re getting more space than a typical Winnipeg home, just not as much as many of the newer builds nearby. The assessed value follows a similar pattern: lower than the immediate street and neighborhood averages, but well above the city-wide average, which may reflect a more modest finish level or slightly smaller footprint compared to pricier neighbors.
What type of buyer it would suit: This property likely appeals to someone who wants a new, low-maintenance home in a newer suburban area, but who is budget-conscious relative to other options on the same street. You’re trading some square footage and lot size for a lower price point than many surrounding homes. It could also suit a buyer who values a newer build’s energy efficiency and modern layout over having a larger yard — the lot is below average across all three comparison groups. First-time buyers or those downsizing from an older, larger home might find the balance appealing.
Frequently Asked Questions
1. How does the lot size compare to other homes in Waverley West B?
The lot is 4,131 square feet, which is below average for the neighborhood (average 12,967 sqft) and for the street (average 4,488 sqft). Many homes in this area sit on larger parcels, so if a generous yard is a priority, this property may feel tighter than expected.
2. Why is the assessed value below the street and neighborhood averages despite being a 2023 build?
Several factors can influence this. The home may have a smaller living area or lot than the typical home nearby, or its finish level (cabinetry, flooring, fixtures) might be more standard than upgraded. It’s also possible that the street has a mix of larger or more recently sold homes that pushed the average up. The city-wide rank (top 16%) shows it’s still valued well above the typical Winnipeg home.
3. Is this property a good value compared to others on Yasmin Ali Crescent?
Relative to the street, it ranks near the bottom for both living area and assessed value. That can mean it’s priced more accessibly than most neighbors, but it also means you’re getting less space and possibly a less premium lot. Whether that’s good value depends on how much the lower price matters to you versus having a larger home or yard.
4. How new is “new” here — are there any concerns with a 2023 build?
Being built in 2023 means it’s very recent, with modern building codes, insulation standards, and likely energy-efficient windows and mechanical systems. The main thing to check is whether any initial settling or warranty items have been addressed. Newer homes can also have smaller lots and tighter spacing, which is the case here.
5. What’s the neighborhood like in terms of age and character?
Waverley West B is a newer suburban area, with an average year built of 2019. This home fits right in. The neighborhood is likely still developing, with a mix of families and professionals. Expect newer infrastructure, planned parks, and proximity to shopping along Pembina Highway or the Perimeter. The trade-off is less established tree cover and a more uniform look than older Winnipeg neighborhoods.