Property Overview: 71 Creemans Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, high-value home in Winnipeg's Ridgewood South neighborhood. Built in 2024, it is one of the newest homes on its street. With 2,277 sqft of living space, it offers significantly more room than the average Winnipeg home, placing it in the top 5% city-wide. The property’s assessed value of $810k reflects its premium standing, ranking in the top 4% of its neighborhood and top 2% across the city. It sold in June 2024 for between $1.05M and $1.1M.
The appeal lies in its combination of new construction, generous interior space, and elite valuation in a desirable area. It suits buyers looking for a move-in-ready, modern home who prioritize above-average square footage and are comfortable with a property in a higher price tier. A thoughtful perspective is that while the home itself is elite in size and newness, the lot size (5,954 sqft) is slightly below the street average, suggesting the value is heavily weighted toward the structure and modern build quality rather than expansive outdoor space.
Section 2: Frequently Asked Questions
1. How does this home compare to others nearby?
It stands out for its newness (the newest on the street) and size. Its living area and assessed value are well above averages for both the neighborhood and the city, though its lot size is more modest compared to immediate neighbors.
2. What does the assessed value versus sale price indicate?
The home sold for significantly more than its $810k assessed value. This is common and indicates strong market demand, with the sale price reflecting what buyers were recently willing to pay in a competitive market.
3. Is this a good investment based on the data?
The home is in a top-tier segment for the city. Its elite rankings for value, newness, and size within a stable neighborhood are positive indicators. However, as a nearly new home that sold recently, future appreciation will be more tied to broader market trends than to major renovations or updates.
4. How can I verify the exact sold price?
The public data shows a sold price range. Due to industry rules, exact MLS sale figures aren't published here. You can request the exact sold price history via email from the site, which they provide manually.
5. What are the potential trade-offs with a home like this?
The data suggests a trade-off between a modern, large interior and a relatively smaller lot for the street. Buyers gain a contemporary living space with minimal immediate maintenance but might have less yard space than older homes in the area.