51 Snowy Owl Crescent

Property Overview: 51 Snowy Owl Crescent, Sage Creek, Winnipeg

Section 1: Key Characteristics & Appeal

This modern two-storey home in the sought-after Sage Creek neighbourhood presents a compelling opportunity. Built in 2023, it offers the advantage of a like-new property without the wait of new construction. The home features a renovated basement, an attached garage, and a generous 2,293 sqft of living space, which ranks in the top 2% for size on its street.

Its primary appeal lies in its combination of new-build quality, above-average interior space, and a prime location within a family-oriented community. The property sits on a large 8,475 sqft lot, offering ample outdoor space—a notable find in a newer subdivision. Market data shows strong value retention, with a recent sale price significantly above its current assessed value, indicating active buyer demand.

This home is ideally suited for growing families or professionals seeking a modern, low-maintenance property in a established newer community. It would also appeal to value-conscious buyers who want the finishes and systems of a new home but prefer the immediate landscaping and settled feel of a slightly older build. A thoughtful perspective is that this property offers a "best of both worlds" scenario: it bypasses the potential teething problems of the first year of a new build while still providing the long-term benefits of contemporary construction standards and efficiency.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to the likely market price?
The home is currently assessed at $65,200, but it sold for $68,500 in August 2023. In active markets like Sage Creek, sale prices often exceed the assessed value, which is used for property tax calculation and can lag behind current market values.

2. What does the "renovated basement" entail?
The listing confirms the basement is finished but does not specify the details of the renovation. A buyer should inquire about the scope of work, quality of finishes, whether permits were pulled, and if it includes a bathroom or secondary living space.

3. Is the property in a flood zone or have any development levies?
As a home in Sage Creek, built in 2023, it is highly unlikely to be in a flood risk area due to the neighbourhood's modern drainage systems. However, it's prudent to confirm there are no outstanding local improvement charges or development levies.

4. How does the lot size compare to others in the area?
The 8,475 sqft lot is a key feature, ranking in the top 6% on the street for size. This is substantially larger than many newer lots, providing more private outdoor space, which is a growing premium in newer subdivisions.

5. What is the significance of the nearby comparable properties listed?
The listed properties (e.g., 16, 131 Snowy Owl Cres) provide context. They show that this home is newer, larger, and has a higher assessed value than several direct neighbours, reinforcing its premium positioning within the immediate micro-market.