19 Raven Road – Property Summary

Key Characteristics & Buyer Fit

This is a newly built home in Sage Creek, Winnipeg, with a living area above the city average but not especially large for its immediate street or neighbourhood. Its assessed value is notably low relative to surrounding homes—$144k versus the street average of $674k—which is a significant outlier and worth close scrutiny. The land area is average for the street (4,880 sqft) and slightly below the city median.

The property's main appeal lies in its new construction and the potential value gap suggested by the assessment. It would most likely suit a buyer who is comfortable investigating why the assessed value is so far below the neighbourhood norm—whether that reflects a smaller structure, different finishes, or a possible reassessment opportunity. It is less suited for someone seeking a large lot or a home that fits the typical profile of Raven Road or Sage Creek.

Five Possible FAQs

1. Why is the assessed value so low compared to other homes on the same street?
The property is ranked last among eight homes on Raven Road, and the assessed value is roughly one-fifth of the street average. This could be due to differences in size, age, condition, or interior finishes. Since the home is newly built, it may also reflect a recent initial assessment that hasn’t yet caught up with market values in the area. A full appraisal or comparison of recent sales nearby would help clarify.

2. How does this home compare to others in Sage Creek overall?
In the broader Sage Creek neighbourhood, this property ranks near the bottom for assessed value (2,225 out of 2,224) and sits slightly below average for land area. However, it is newer than most homes in the area (built 2024 versus the neighbourhood average of 2016), which may appeal to buyers wanting modern construction without the premium of a larger lot or higher assessment.

3. Is the land area considered small for the area?
It’s average for Raven Road (4,880 sqft vs. 5,247 sqft street average) and slightly smaller than the neighbourhood median (5,741 sqft). Citywide, it’s also below average. If a large yard is a priority, this is not a standout property—but it is not unusually cramped either.

4. What does the “Top 100%” ranking for assessed value actually mean?
That ranking indicates the property is in the lowest tier for assessed value compared to others on the same street, in the same area, and across the city. It means you’re outperforming 0% of peers (i.e., you’re at the bottom). The “Top 97%” citywide ranking is also very low, meaning only about 3% of Winnipeg homes have a lower assessed value.

5. Would this be a good investment property?
It depends on why the assessed value is so low. If the discrepancy is due to a correctable factor (e.g., a smaller home that could be expanded, or an assessment that undervalues the property), there may be upside. However, the low ranking against similar homes suggests the property may not appreciate in line with its neighbours without significant improvements or a reassessment. Buyers should review recent sale prices in Sage Creek before deciding.