87 Yellow Rail Crescent

Property Overview: 87 Yellow Rail Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This 2020-built home in Ridgewood South offers a modern, move-in-ready foundation with a practical 1,866 sqft layout. Its primary appeal lies in its strong position relative to the broader Winnipeg market. While it is a fairly typical home for its immediate street and neighborhood in terms of size and value, it stands out significantly city-wide. The living area is well above the Winnipeg average, and its assessed value ranks within the top 15% citywide, suggesting a premium property on a broader scale. The lot size is generous for the street, providing above-average outdoor space in this newer subdivision.

The home would best suit buyers looking for a modern, low-maintenance property without the uncertainties of an older build, and who value a strong citywide investment profile. It’s ideal for those who want space and contemporary amenities but prefer the established feel of a developed street rather than a brand-new construction site. A thoughtful perspective is that this property offers the benefits of a newer home (modern systems, layout, and minimal immediate repairs) while likely having passed the initial settling period, potentially avoiding some of the minor issues that can appear in the first few years of a new build.

Section 2: Frequently Asked Questions

1. How does this home truly compare to others in the area?
While its size and assessed value are around the neighborhood average, it ranks above average on its specific street for both lot size and assessed value. Compared to all of Winnipeg, however, it ranks highly, indicating it is a larger and more valuable property than most in the city.

2. What is the likely selling price based on the data?
The home last sold in late 2020 for between $500,000 and $550,000. Its current assessed value is $536,000, which is above the street average. A precise current market value would require a professional appraisal, but the data suggests it holds value strongly against local and city benchmarks.

3. Are there any potential concerns with a 2020 build?
A home built in 2020 is still very modern, with contemporary building codes and systems. The minor advantage over a brand-new home is that any initial construction-related settling or warranty items have likely already surfaced and been addressed. It’s always wise to have a thorough inspection.

4. Is the lot size typical for the neighborhood?
At 5,437 sqft, the lot is above average for Yellow Rail Crescent. However, it is slightly smaller than the average lot for the wider Ridgewood South area, which includes older sections with larger properties.

5. How can I verify the exact historical sale price?
The public data shows a sold price range. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as they do not display MLS sold records due to industry rules. They state this service is provided without using your email for marketing.