Property Overview: 51 Stan Schriber Crescent, Winnipeg

Key Characteristics & Appeal

This 2015-built home in Peguis presents a specific value proposition. At 1,007 sqft, its living space is notably compact compared to most homes on its street and in the immediate area, positioning it as one of the smaller options in a neighbourhood of larger homes. However, its assessed value of $432,000 is very close to the street average and actually sits above the Winnipeg city-wide average for comparable homes. This creates an interesting dynamic: you are acquiring a relatively modern, low-maintenance property in a well-established area, but with less interior space than its neighbours.

The primary appeal lies in its efficiency and modern fundamentals. Built just 11 years ago, it is a significantly newer home than the typical Winnipeg house, suggesting updated building systems and less immediate concern for major repairs. The lot size of 3,826 sqft is manageable, offering outdoor space without being burdensome. This property would best suit first-time buyers, downsizers, or investors seeking a modern, entry-level home in a mature neighbourhood. It’s for those who prioritize a newer build and location over square footage, and who see the value in a home that is both newer than the city norm and priced in line with its immediate surroundings.

Frequently Asked Questions

1. Is this home a good value compared to others on the street?
Based on assessed value, it’s almost exactly at the street average. The trade-off is that you get a modern home (2015 vs. the street average of 2016) but with significantly less living space than the typical home on Stan Schriber Crescent.

2. Why is the living area ranked so low compared to the area?
The data shows that homes in Peguis tend to be larger, averaging about 1,607 sqft. At 1,007 sqft, this property is in the bottom 2% of the area for size, making it a compact option in a neighbourhood of more spacious homes.

3. How does its value compare to the rest of Winnipeg?
City-wide, its assessed value ranks in the top 32%, meaning it’s valued higher than about two-thirds of comparable Winnipeg homes. This highlights that its valuation is buoyed by its modern build year and location, even with its smaller size.

4. What does the sold price history from 2018 indicate?
The home sold between $300,000-$350,000 in early 2018. The increase to its current $432,000 assessment reflects market appreciation over seven years, but for precise current market valuation, a professional appraisal or comparative market analysis is recommended.

5. Where can I see more detailed neighbourhood comparisons?
You can use the provided link to "Open neighbourhood map analysis" to view this property on a map alongside nearby homes, comparing year built, living area, assessed value, and lot size in detail.