Property Summary: 150 Yasmin Ali Crescent
Key Characteristics & Appeal
This 2023-built home in Waverley West B offers a modern, low-maintenance lifestyle with above-average space. Its primary appeal lies in its efficient design: a 2,052 sqft living area that ranks well above the city average, situated on a manageable 4,250 sqft lot. This creates a generous interior without the burden of extensive yard upkeep.
The home’s assessed value of $619k signals strong standing, placing it in the top 12% on its own street and the top 7% citywide compared to similar properties. A thoughtful perspective is that it represents a "sweet spot" – it’s newer than 99% of Winnipeg homes, offering modern building standards and minimal immediate repair concerns, yet it’s situated on an established street where the average home is just a year newer. This suggests a settled, cohesive neighbourhood feel rather than an active construction zone.
It would ideally suit young professionals, growing families, or downsizers seeking a contemporary, move-in-ready home. The buyer is likely one who prioritizes interior space and modern amenities over a large private yard, and who values a property that already demonstrates above-average value retention within its immediate community.
Frequently Asked Questions
Q: How does the lot size impact the property?
A: The lot is below average for the street and neighbourhood, which typically means less exterior maintenance. It’s a trade-off that prioritizes interior living space and a modern community layout over vast private grounds.
Q: The assessed value is high for the street. Is that a concern?
A: It ranks 7th highest out of 60 on the street, indicating it is a premium property in this location. This is often a positive sign of the home’s condition, size, and features relative to its neighbours, but it’s wise to ensure the listing price is in line with this assessed valuation.
Q: What does the "Top 1%" citywide ranking for year built mean?
A: This highlights that the home is significantly newer than the vast majority of Winnipeg housing stock. For buyers, this translates to modern building codes, energy efficiency, and likely lower costs for repairs and updates in the near term.
Q: Are the living area rankings contradictory?
A: Not at all. They show the home is spaciously sized compared to the whole city (Top 10%) and its own street (Top 27%). The "around average" ranking for the wider neighbourhood simply means Waverley West B itself contains many similarly sized, newer homes.
Q: Is this a good investment for resale?
A: Its strong rankings in value and living area against city averages are positive indicators. The newer build and desirable interior space are key assets. The lot size is the main factor to weigh against comparable future listings in the area.