Property Overview
This 2023-built home at 62 Yasmin Ali Crescent offers a modern living experience in Winnipeg's Waverley West B neighbourhood. With nearly 2,000 sqft of living space, it sits on a standard suburban lot. Its primary appeal lies in its combination of new construction, a spacious interior by city-wide standards, and a solid position within its immediate, newer streetscape. The property tax assessment is notably high for its street, suggesting above-average finishes or features for the area.
Key Characteristics & Ideal Buyer
The home's standout feature is its age; it's newer than 99% of all homes in Winnipeg, promising modern building standards, energy efficiency, and minimal immediate maintenance. While its living space is typical for its specific street and community, it is substantially larger than the Winnipeg average, offering generous room for a growing family. The lot size is compact compared to some older neighbourhoods, which translates to less yard upkeep.
This property would best suit buyers who prioritize a move-in ready, modern home in a developing community. It's ideal for those who value interior space over a large yard and want to avoid the surprises and renovation projects often associated with older homes. The high tax assessment relative to the street indicates a premium build, appealing to buyers looking for above-standard finishes in this price range.
Frequently Asked Questions
1. Is the property tax likely to be high?
The municipal tax assessment for this home is in the top 7% on its street and top 6% city-wide, which is a strong indicator that its annual property taxes will be correspondingly higher than average. It's advisable to budget for this.
2. As a new build, are there any warranties in place?
Being built in 2023, the home should still be under the remainder of the Manitoba New Home Warranty, which typically covers major structural elements, building envelope, and systems for a period of years. Request documentation from the seller.
3. How does the lot size compare to the area?
The lot is consistent with newer subdivisions on this street but is smaller than the broader community and city averages. This means a manageable yard but less private outdoor space than you might find in older neighbourhoods with larger lots.
4. The home ranks "average" in many local categories. Does that mean it's not special?
Not at all. The rankings show it fits perfectly within its immediate, modern context. Its true advantage becomes clear at the city level, where its newness and living space shine. It offers a contemporary standard in a neighbourhood of similar homes, without being an outlier.
5. What does the high assessment ranking on the street suggest?
It suggests that the municipal assessor has attributed a higher value to this home than to most of its direct neighbours. This often reflects superior construction quality, finishes, or amenities. It's a point of pride for the property but is directly tied to the higher tax burden.