Property Summary: 106 Yasmin Ali Crescent
Key Characteristics & Appeal
This 2024-built home offers a modern, move-in-ready living experience within a new and developing community. Its 1,850 sqft of living space is notably above the Winnipeg average, providing ample room in a contemporary layout. The property sits on a 4,718 sqft lot, which is generous for its immediate street, offering good outdoor space for a newer subdivision home.
The primary appeal lies in its exceptional newness and above-average citywide value. It is one of the newest homes not just on its street, but in the entire city, promising modern building standards, energy efficiency, and minimal immediate maintenance. Interestingly, while its assessed value is below average for its specific neighborhood, it ranks well above average citywide. This presents a nuanced value proposition: you are acquiring a top-tier, modern home relative to the broader Winnipeg market, positioned within an area where property values have strong growth potential.
This home would ideally suit first-time buyers or young families seeking a modern, low-maintenance property without the premium often attached to established, inner-city neighborhoods. It’s also a prudent choice for value-conscious buyers who prioritize new construction and are comfortable with a community that is still maturing, betting on long-term appreciation.
Frequently Asked Questions
1. Is this home a good value for the price?
The data suggests a compelling value from a citywide perspective. The home’s assessed value is significantly above the Winnipeg average, yet it is priced below the averages for its own street and neighborhood. This indicates you are getting a very new, above-average sized home for less than the going rate in its immediate area.
2. What does the "Below Average" assessed value ranking on its street mean?
It means this home’s official assessed value is lower than most of its direct neighbors. This isn’t necessarily negative; it can result from being a slightly different model, having fewer upgrades than some neighbors, or simply the timing of assessment. It can also represent a relative buying opportunity within a desirable, new street.
3. As a new build, what should I know about the neighborhood?
The entire street and wider area feature very new homes (average year built is 2024 on the street). This means the community and landscaping are still establishing themselves, and you may have newer neighbors moving in. The lot sizes are consistent and modest, typical of modern subdivisions.
4. How does the living space compare to typical Winnipeg homes?
Very favorably. With 1,850 sqft, this home offers about 500 more square feet than the average comparable home in Winnipeg, placing it in the top 15% citywide. For a new build, this is a spacious floor plan.
5. What is the long-term potential here?
The fundamentals are strong: it’s a new, above-average-sized home in a growing area. Its below-average value relative to the neighborhood could provide a cushion for appreciation as the community matures and the home is no longer considered "new." You are effectively buying into a high-demand modern segment of the market.