Property Overview: 63 Yellow Rail Crescent, Winnipeg

Key Characteristics & Appeal

This 2020-built home in Ridgewood South offers a modern living experience with above-average space on a generous lot. Its 2,042 sqft of living area ranks in the top 17% on its street and the top 10% city-wide, providing more room than most Winnipeg homes. The property’s standout feature is its 8,713 sqft lot, which is notably larger than most on the street (top 7%) and in the city (top 9%), offering significant outdoor potential.

The appeal lies in its balance of new construction benefits—like modern building standards and minimal immediate maintenance—with established neighborhood roots. While its assessed value of $522k is around the average for its immediate area, it represents strong value city-wide, ranking in the top 16%. This positions the home as a solid, spacious option in a newer development without a premium price tag compared to its direct peers.

It would suit buyers looking for a move-in ready, modern home who prioritize indoor and outdoor space. It’s particularly fitting for those who want a larger yard in a newer community, or for growing families seeking room to expand without needing a major renovation. The data suggests it offers more house and land for the money than many broader Winnipeg options, while being competitively placed within its own desirable street.

Frequently Asked Questions

1. How does this home’s value compare to what it last sold for?
The home sold in June 2020 for between $450,000 and $500,000. Its current assessed value of $522,000 indicates appreciation, consistent with market trends over the past four years. Exact sale figures can be provided upon request.

2. Is the lot size typical for this street?
No, the lot is a key advantage. At 8,713 sqft, it is significantly larger than the street average of ~5,030 sqft, ranking 4th largest out of 58 homes. This provides uncommon space for gardens, play areas, or future additions.

3. What does the "Top 3%" city-wide ranking for year built mean?
Built in 2020, this home is newer than approximately 97% of comparable properties across Winnipeg. This means you benefit from contemporary layouts, materials, and systems, with many years before major components like the roof or furnace near the end of their lifespan.

4. Are the property taxes likely to be high?
The assessed value is above the Winnipeg average but aligned with the neighborhood. Taxes would be typical for a modern home in Ridgewood South. You can estimate taxes by applying the current municipal tax rate to the $522,000 assessment.

5. How does the living space compare to nearby homes?
The home’s living area is above average at every level: it’s larger than 83% of similar Winnipeg homes, 70% in Ridgewood South, and 83% on Yellow Rail Crescent itself. This indicates a genuinely spacious home for the area, not just a standard floor plan.