Property Summary

Key Characteristics and Buyer Profile

This property is a standout in its price tier and location. The assessed value places it in the top 1% across all of Winnipeg, and within its immediate neighbourhood—Confetti Crescent in Transcona North—it ranks first. The land size is also strong, sitting in the top 8% citywide, which suggests a generous lot for a home in this price range (assessed at $410,000). The home itself offers ample living space, and its construction year indicates it's relatively modern.

The appeal here isn't just about absolute size or condition—it's about relative value. Buyers get a home that outperforms nearly all others in the city on assessed value, in a neighbourhood where similar homes are likely more expensive or smaller. This makes it particularly suited for families or professionals looking for a newer, spacious home in a developing area of Transcona, without paying a premium for a more central location. It also suits buyers who prioritize land size and future resale potential, given the rarity of large lots in newer subdivisions.

Five Possible FAQs

1. How does the assessed value compare to the asking price?
The property's assessed value is $410,000, placing it in the top 1% of Winnipeg homes. If the asking price is close to or below that figure, it could represent good value—especially given the land size and ranking within Transcona North.

2. Is the lot size unusual for this price range?
Yes. At 2,757 square feet, the lot ranks in the top 8% citywide. In a newer subdivision like Confetti Crescent, lots tend to be smaller, so this is a meaningful advantage for buyers wanting outdoor space or future expansion potential.

3. How does the home compare to others on the same street?
It ranks first on Confetti Crescent for assessed value, land size, and living area. This means it's the top-tier property in its immediate vicinity, which could affect both privacy and curb appeal relative to neighbours.

4. What does "top 1%" actually mean for resale?
Homes in the top percentile for assessed value often hold their value well in stable markets, but they can also take longer to sell if the price exceeds typical buyer budgets for the area. That said, being the best on the street can attract buyers looking for a "move-in ready" premium.

5. Are there any trade-offs with being in Transcona North?
Transcona is generally more affordable than central or south Winnipeg, but it's further from downtown and major employment hubs. Buyers should weigh the commute and local amenities against the value for money. The neighbourhood is growing, which can be positive for future appreciation but may mean ongoing construction nearby.