Property Overview

This 2023-built home on Karschuk Bay offers a modern living experience within a newer Winnipeg subdivision. Its primary appeal lies in the combination of a contemporary, low-maintenance build and a highly efficient use of space that stands out in broader comparisons.

Key Characteristics & Appeal

The home's 2,378 sqft of living space is its most notable feature. While typical for its immediate street, it ranks within the top 18% of the Waverley West B community and an impressive top 4% city-wide, indicating significantly more interior space than most Winnipeg homes. This is complemented by a 2023 construction date, placing it among the newest 1% of properties citywide, which suggests modern building standards, energy efficiency, and minimal immediate repair needs.

The appeal is nuanced. The property tax assessment of $684,000 is below the street average but above the community average, positioning it as a potentially more accessible option within this newer, high-demand area. The lot size of 5,735 sqft is manageable, favoring those who prefer less yard upkeep without sacrificing outdoor private space. This property would ideally suit growing professionals or families seeking a modern, spacious turn-key home in a developing area, who value interior square footage and new construction over a vast lot or an established, mature streetscape.

Frequently Asked Questions

1. How does the property tax assessment compare, and what might that mean?
The assessment is below the average for Karschuk Bay street but above the average for the wider Waverley West B community. This could indicate a relative value within this specific new neighbourhood, but prospective buyers should investigate current municipal tax rates and potential future reassessments.

2. The home is among the newest in the city. What are the pros and cons of a 2023 build?
The major advantages are modern building codes, energy efficiency, new warranties, and no prior wear and tear. A consideration for newer subdivisions is the maturity of the landscape and the potential for ongoing construction in the immediate vicinity as the area finishes developing.

3. The lot size is smaller than the community average. What is the practical impact?
While the lot is ample by city standards, it is less than half the average lot size in Waverley West B. This translates to less yard maintenance but also less potential for expansive outdoor additions like large decks, pools, or detached workshops compared to some neighbours.

4. The living space ranks in the top 4% city-wide. How should I interpret this?
This statistic highlights that the home offers substantial interior space, a premium feature in the overall Winnipeg market. It suggests the floor plan is likely generous, but it's essential to view the layout in person to ensure the square footage is configured to suit your lifestyle.

5. What does the "close to average" ranking on its own street tell me?
For key metrics like living area and build year, this home is typical for Karschuk Bay. This indicates uniformity on the street, which can be positive for maintaining future property values but means the home doesn't stand out as unusually large or new compared to its direct neighbours.