Property Overview

This 2024-built home at 197 Yasmin Ali Crescent offers a modern living experience in Winnipeg's Waverley West B neighbourhood. Its primary appeal lies in its brand-new condition and above-average living space, balanced with a manageable lot size. The property suits first-time buyers or young families seeking a modern, low-maintenance home without the premium often attached to larger, established lots. It also appeals to those who value new construction warranties, contemporary layouts, and energy efficiency.

Key Characteristics & Ideal Buyer

The home's standout feature is its newness, ranking in the top 1% of all Winnipeg homes by build year. With 2,008 sqft of living space, it provides more room than 89% of the city's homes, offering excellent interior volume for a growing household. The assessed value of $594,000 positions it well above the city average, reflecting its modern build and desirable location within a newer community.

Its appeal is nuanced. While the lot size is generous for its immediate street (ranking in the top 12%), it is more modest compared to the broader community average. This creates a "best of both worlds" scenario: ample private outdoor space that is still manageable to maintain, paired with a spacious, modern interior. Buyers will likely appreciate avoiding the immediate major repairs common with older homes, while accepting that the property tax assessment is already in the top 8% citywide. This home is ideal for the buyer prioritizing a turn-key, contemporary lifestyle in a developing area over a vast, mature yard.

Frequently Asked Questions

1. How does the property tax assessment compare to nearby homes?
The home's assessed value for taxes is very close to the average on its own street ($594k vs. $580k average) and slightly below the average for the wider Waverley West B area ($594k vs. $629k average). However, it is significantly higher than the Winnipeg citywide average of $390k, placing it in the top 8% of all properties.

2. Is the lot size typical for the area?
This depends on the comparison range. On Yasmin Ali Crescent, its 4,845 sqft lot is larger than average (top 12%). Within the broader Waverley West B community, however, it is closer to the average. It is a comfortably sized urban lot that requires less upkeep than some of the larger properties in the neighbourhood.

3. What does the "top 1%" build year ranking actually mean?
This statistic highlights that very few homes in Winnipeg are as new as this one. With a citywide average build year of 1966, a 2024 construction is exceptionally rare, implying modern building standards, materials, and systems, and likely minimal immediate maintenance costs.

4. The living space is above the city average, but how does it feel locally?
Within its immediate street and community, the 2,008 sqft living area is very close to the local averages (1,932 sqft and 1,993 sqft respectively). This means the home feels appropriately sized among its newer neighbours—neither unusually large nor small—while offering a clear space advantage over most of Winnipeg's older housing stock.

5. Who would this property not be ideal for?
It may not suit buyers seeking a very large, mature yard or an established, tree-lined streetscape typical of older neighbourhoods. Those with a strict budget sensitive to property taxes at the higher end of the scale, or buyers who prefer the character and renovation potential of an older home, might also look elsewhere.