Property Overview: 59 Stan Schriber Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, well-situated home built in 2016, offering a turnkey option in Winnipeg’s Peguis neighborhood. Its primary appeal lies in its balance of a newer build with a strong value position. At 998 sqft, the living space is compact, ranking below average for both the street and neighborhood, which suggests a efficient, low-maintenance layout ideal for individuals, couples, or small families.

The assessed value of $445k tells a compelling story: it is above the Winnipeg citywide average, indicating a desirable property in a broader context, while being very close to the average for its own street. This positions it as a stable investment within an established, newer community. The lot size is modest, especially city-wide, aligning with a home focused on the dwelling rather than extensive outdoor space.

This property would best suit value-conscious buyers seeking a modern home without major renovation concerns. It’s ideal for those who prioritize a newer construction (with contemporary systems and finishes) and neighborhood consistency over sheer square footage. A thoughtful perspective is that its smaller size and efficient lot could translate to lower utility and maintenance costs, appealing to those looking to minimize ongoing expenses while owning a solid, newer asset.

Section 2: Frequently Asked Questions

1. Is the living area too small?
At 998 sqft, it is notably smaller than most homes on the street and in Peguis. This makes it an efficient, manageable space but may require creative storage solutions. It is best evaluated by how the specific layout meets your daily needs.

2. Why is the assessed value above the city average if the home is smaller?
The above-city-average valuation reflects the premium for a newer home (2016) in a developed neighborhood. It suggests that factors like modern construction, infrastructure, and the specific location on a street of similar-valued homes contribute significantly to its worth beyond pure square footage.

3. How does the lot size impact potential for expansion or outdoor use?
The lot is around average for the street but below average city-wide. While suitable for a patio or small garden, it may present limitations for significant additions like a large deck, garage expansion, or pool. Checking local setback bylaws would be advisable for any expansion plans.

4. The home sold in 2017. What does that past sale indicate?
The 2017 sale price (in the $300k-$350k range) provides a historical baseline. The increase to the current $445k assessment reflects market appreciation over seven years. For exact sale figures, a manual lookup via the site’s email request is needed.

5. What is the neighborhood context of this street?
The data shows Stan Schriber Crescent is a uniform, modern street where this home’s assessed value is typical. However, its living area is the smallest on the street. This indicates you are buying into a consistent, newer area, but in one of its more compact offerings.