170 Yasmin Ali Crescent

Property Overview

This 2024-built home at 170 Yasmin Ali Crescent presents a compelling blend of modern living and solid value. Its key appeal lies in its exceptional newness and above-average citywide standing, balanced within a neighborhood of similar contemporary homes.

Key Characteristics & Buyer Profile

The home’s primary strength is its absolute modernity. Built in 2024, it is among the newest homes not just on its street, but in the entire city of Winnipeg, ranking in the top 1% citywide for year built. This translates to move-in readiness, modern building standards, and minimal immediate maintenance. With 1,999 sqft of living space, it offers more room than the typical Winnipeg home (ranking in the top 11% citywide) while fitting the established scale of its specific street and Waverley West B neighborhood.

Its assessed value of $618k tells a nuanced story: it is above average for its street and significantly above the Winnipeg average, yet sits just below the neighborhood average. This suggests you are acquiring a premium, like-new property that is competitively positioned within a desirable, newer area. The lot size is typical for the street but smaller than the broader neighborhood average, indicating a more efficient, low-maintenance yard ideal for modern lifestyles.

This property would perfectly suit buyers prioritizing a pristine, never-lived-in condition without the wait of a build, and who value being part of a modern community development. It’s ideal for those seeking space efficient for a family but manageable in upkeep, and for the value-conscious buyer who recognizes the long-term advantage of owning one of the newest assets in the city’s housing stock.

Frequently Asked Questions

1. How does the assessed value impact my property taxes?
While the assessed value is a key factor used by the city to calculate taxes, your actual tax bill is determined by the municipal tax rate. An assessment above the city average generally suggests proportionately higher taxes, but it’s advisable to research current Winnipeg tax rates for a precise estimate.

2. The lot is noted as smaller than the neighborhood average. What does this mean practically?
The lot is consistent with others on Yasmin Ali Crescent, indicating the street has a cohesive, efficient layout. It means less yard maintenance and landscaping cost, but may offer less private outdoor space or room for expansions like large decks or pools compared to some older, larger lots elsewhere in Waverley West B.

3. What are the pros and cons of a 2024 build?
The major advantages are modern energy efficiency, updated building codes, and warranties that may still be in effect. A potential consideration is that newer subdivisions can have less established landscaping and maturing trees, and the full character of the neighborhood is still evolving.

4. The home ranks "around average" for its street and neighborhood in living area. Is that a drawback?
Not necessarily. This indicates the home fits perfectly within its immediate context—you’re getting a standard amount of space for that specific, modern area. Its citywide ranking (top 11%) confirms it is objectively a spacious home compared to the Winnipeg housing stock as a whole.

5. Why is the assessed value above the street average but below the neighborhood average?
This is likely due to the home’s newness and size relative to the broader neighborhood. The street average includes a range of home ages and conditions. The neighborhood average may be pulled higher by larger lots, more established homes, or specific premium features on other streets. This property’s value reflects its premium condition on its specific street.