98 Butterfly Way

Property Overview: 98 Butterfly Way, Sage Creek, Winnipeg

Key Characteristics & Appeal

This property at 98 Butterfly Way is a newly built home in Winnipeg's popular Sage Creek neighbourhood, completed in 2024. Its primary appeal lies in its modern construction and desirable location within a family-oriented community known for its parks, pathways, and amenities. The home features a generous 2,000 sqft of living space and sits on a well-sized lot of over 5,500 sqft.

The data suggests this home stands out significantly among its immediate peers. It ranks in the top tier for both its newness and living area compared to every other home on its street, in the wider neighbourhood, and across the entire city. This indicates a premium, contemporary build in a sought-after area. The home’s assessed value is notably higher than several comparable nearby properties, reflecting its modern features and condition.

This property would suit buyers looking for a turnkey, new-build home without the wait of construction. It’s ideal for growing families or professionals seeking a modern lifestyle in a planned community with strong appeal for long-term value. A thoughtful perspective is that while the assessed value is currently high for the local area, this often correlates with newer homes that have lower immediate maintenance costs and modern energy efficiencies, which can offset the initial price difference over time.

Frequently Asked Questions

1. Why is the assessed value for this property so much higher than some nearby homes?
The home was built in 2024, making it one of the newest in the area. Assessed value accounts for the modern construction, current materials, and the fact that everything from appliances to systems is brand new, unlike older comparable properties.

2. What does it mean that the home ranks in the top 1% for living area in Winnipeg?
This statistical ranking means that out of over 221,000 properties in Winnipeg, this home’s 2,000 sqft living area is larger than 99% of them. It confirms the home offers above-average space, especially when combined with its new construction.

3. Is there a garage?
The listing data specifies "Garage: None." Buyers should confirm if there is a driveway or the potential to add a garage in the future, subject to local bylaws.

4. How does the lot size compare to others on the street?
At 5,518 sqft, the lot is in the top 22% for size on Butterfly Way. This means it is larger than most of its direct neighbours, offering more private outdoor space.

5. The nearby property at 220 Butterfly Way has a higher assessed value. Why?
That home, built in 2023, has a significantly larger living area (2,394 sqft). The difference in assessed value primarily reflects that substantial difference in the size of the home itself.