Property Summary: 162 Yasmin Ali Crescent, Winnipeg
Key Characteristics & Appeal
This 2024-built home in Waverley West B offers a compelling blend of modern living and established value. Its primary appeal lies in its exceptional newness and above-average living space. With 2,163 sqft of living area, it ranks in the top 15% on its street and an impressive top 7% city-wide, providing ample room for a growing or established family. As a brand-new build (top 1% city-wide for year built), it promises contemporary finishes, modern building standards, and freedom from major near-term repairs.
The property’s municipal tax assessment of $607,000 is notably above the Winnipeg average, reflecting its new construction premium and desirable specs within its immediate neighborhood. While the lot size is typical for its street, it is more compact compared to some larger lots in the broader Waverley West area, suggesting a lower-maintenance yard that prioritizes the home itself.
This home is ideally suited for buyers seeking a move-in ready, modern property with generous interior space in a developing community. It fits those who value new construction benefits—like energy efficiency and warranty coverage—over a large, mature yard. It also represents a solid option for those looking for a home that stands out in terms of size and condition compared to the wider Winnipeg market.
Frequently Asked Questions
1. What does the tax assessment being "above average" really indicate?
The $607,000 assessment is higher than averages for both the street and the entire city, which typically signals that the municipality views the property as having above-average value due to its newness, size, and features. It’s a useful benchmark, but buyers should note that market sale price can differ.
2. How does the lot size impact the property's feel and utility?
At 4,488 sqft, the lot is standard for this specific street but smaller than many in the wider community. This means a more manageable yard for upkeep, but potentially less privacy or space for extensive landscaping, decks, or play structures compared to some neighboring properties.
3. As a 2024 build, what can I expect in terms of immediate costs?
The major advantage is the likelihood of minimal repair or replacement costs for several years. Key systems (roof, HVAC, appliances) will be under manufacturer's warranties, and the home will meet current building codes for energy efficiency and safety.
4. The living space ranks very high city-wide. What does that mean practically?
Ranking in the top 7% for living space in Winnipeg means this home offers more interior square footage than approximately 93% of comparable properties in the city. This translates to more flexible space for home offices, family rooms, and storage—a significant advantage in the market.
5. The community ranking for land area is "near average." Is that a concern?
Not necessarily. It simply means that within the larger Waverley West B area, which includes homes on a variety of lot sizes, this property’s lot is around the middle of the range. It reflects the character of newer subdivisions where lot sizes can be more consistent and efficient compared to older neighborhoods.