Property Summary
1. Key Characteristics & Appeal
This is a 2023-built home with 1,354 sq ft of living space on a 2,338 sq ft lot. It ranks first on its street for living area, assessed value, and construction year—meaning it’s the newest and largest home in that immediate stretch. Within the West Kildonan Industrial neighbourhood, however, it sits below average for lot size (the 91st percentile) and living area (73rd percentile), which reflects the area’s generally older, larger-lot housing stock.
The appeal is in the contrast: a very new, well-sized house on a modest lot in an established neighbourhood. It’s not trying to compete with sprawling suburban lots. Instead, it offers a low-maintenance footprint with modern finishes, and it’s positioned in an area where most homes are older and smaller in living space. Buyers who want something built recently without a big yard to maintain—and who value being near the top of their street’s quality range—will find this interesting. It would suit first-time buyers, downsizers, or anyone looking for a turnkey property in a neighbourhood with character.
2. Frequently Asked Questions
1. How does this home compare to others on the same street?
It ranks first out of 16 homes for living area, assessed value, and build year. That means it’s the largest, newest, and highest-valued property on Lynx Street.
2. Why is the lot size so small compared to the neighbourhood average?
The neighbourhood average lot is about 3,839 sq ft—this one is 2,338 sq ft. That’s common for newer infill homes in established areas, where land is subdivided. The trade-off is a newer house with less yard upkeep.
3. Is the assessed value of $378,000 reasonable for this property?
It’s above the street average ($363,000) but below the neighbourhood average ($443,000). Given the newer construction and smaller lot, the assessed value aligns well with what similar infill homes typically go for in this part of the city.
4. What does the 98th percentile ranking for lot size mean city-wide?
It means only 2% of Winnipeg homes have a smaller lot than this one. City-wide, lots average 6,570 sq ft, so this is a compact property. That’s fine if you don’t need a large yard but something to note if you’re used to more outdoor space.
5. How does “living area” rank compare to other metrics?
Living area ranks 1st on the street but only 73rd in the neighbourhood. That suggests the street has smaller homes overall, while the wider neighbourhood includes many larger, older houses. For context, the city-wide living area average (1,342 sq ft) is very close to this home’s size, so it’s a typical size for Winnipeg as a whole.