Property Overview & Key Characteristics
This 2023-built home at 158 Yasmin Ali Crescent presents a compelling mix of modern living and value positioning. Its key appeal lies in its new construction, offering contemporary finishes and systems without the premium often attached to a brand-new build. With 1,784 sqft of living space, it sits comfortably above the Winnipeg city average, providing ample room for a growing household or those seeking a spacious feel.
The property’s character is best understood through its context. On its own street and in the Waverley West B neighbourhood, its size, lot, and assessed value are modest compared to immediate peers. However, this perspective flips when viewed citywide. Here, the home ranks in the top 18% for living area and the top 12% for assessed value, indicating you get significant space and perceived value for the price relative to most of Winnipeg. The lot size is standard for the city but smaller than many in the immediate area, suggesting a lower-maintenance yard. This profile suits first-time move-up buyers, small families, or professionals seeking a modern, efficient home without a sprawling property to manage. It’s ideal for someone who prioritizes a newer, turn-key interior over having the largest plot on the block.
Frequently Asked Questions
1. Is this a good value for the money?
The data suggests strong citywide value. Its assessed value ($558k) is significantly above the Winnipeg average but ranks highly (top 12%), meaning you get more home for your dollar compared to most of the market. On its own street, it’s priced below average, which could be an opportunity.
2. As a newer home, are there any drawbacks?
Newer homes in established areas sometimes have smaller lots. At 4,251 sqft, the yard is functional but more compact than older homes in the neighbourhood. This is a trade-off for modern construction and less outdoor upkeep.
3. How does the property rank for investment potential?
Its elite ranking for year built (top 1% citywide) is a major asset, as newer homes typically have lower immediate maintenance costs. Its above-average city rankings for size and value indicate a solid foundation, though its mid-tier standing within the immediate neighbourhood is worth noting for resale context.
4. What does the "Below Average" street ranking mean for living area?
While below the street average (1,932 sqft), the home is still a spacious 1,784 sqft. This simply means many homes on this specific street are larger, often because they were built earlier on larger lots. It doesn’t mean the home itself is small.
5. Who would this property not suit as well?
It may not suit buyers seeking a large, private yard or those who want a home that stands out as one of the largest and most valuable on its immediate block. It’s also less suited for those who prefer the character and mature landscaping typically found in older, established neighbourhoods.