17-200 Skyline Drive

Property Summary: 17-200 Skyline Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, low-maintenance townhouse built in 2019, offering a turnkey living experience. Its primary appeal lies in its balance of contemporary construction and notable value positioning within the broader Winnipeg market. The home features 1,317 sqft of living space and an unfinished basement, providing a clean slate for future customization or storage.

The property’s standout characteristic is its competitive ranking. It sits in the top tier of its specific community and all of Winnipeg for lot size, suggesting a potentially more favorable footprint or positioning than most. However, it presents a compelling value profile, with its current assessed price notably lower than many peers in the immediate area. This creates an interesting dynamic: you’re acquiring a nearly new home in a high-ranking location, but at an assessment that ranks in the more affordable half of the city. It perfectly suits first-time buyers, investors, or downsizers seeking a modern build without a premium price tag, and who value the potential of an unfinished basement to add personal value over time.

Section 2: Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property against others in its street, community, and all of Winnipeg. For example, being in the "top 0%" for lot size in its community means it has a larger lot than 100% of compared homes, which is a significant advantage. The varying rankings across different metrics help identify the home's strengths (like lot size) and its market position (like its value-oriented assessment).

2. The assessment seems low for a 2019 build. Is this a concern?
Not necessarily. A lower assessment relative to newer sales can indicate a potential value opportunity, but it's essential to understand why. It may reflect the original purchase price, specific market conditions at its last assessment, or the unfinished state of the basement. It’s a starting point for negotiation and due diligence.

3. Who is responsible for exterior and grounds maintenance?
As a townhouse, this property is likely part of a condominium corporation or similar association. Prospective buyers must review the condo/strata documents to understand monthly fees, what maintenance (roof, siding, landscaping, snow removal) is covered, and the association's financial health.

4. What can I do with the unfinished basement?
The basement offers flexible space to finish into a recreation room, home office, or additional bedrooms. It also provides ample storage. Any plans should first confirm ceiling height, window well requirements for bedrooms, and ensure all work is permitted to protect the home's value and comply with regulations.

5. The 2019 sale price was close to the current assessment. Has the property appreciated?
The data shows a 2019 sale at $325,000 and a current assessment of $348,000. This indicates modest growth in assessed value over five years. However, true market value is determined by current buyer demand. The assessment offers a baseline, but recent sales of comparable homes in the area will give a clearer picture of its present market worth.