Key Characteristics & Buyer Profile
103 Phoenix Way is a 2019-built home with 1,510 sq.ft. of living space on a 5,231 sq.ft. lot. Within its own street, it ranks in the top 1% for assessed value and build year, and in the top 4% for lot size. The living area is slightly above average for the city overall (top 30%), though it sits near the median within its immediate neighbourhood.
The property’s real appeal lies in its balance. It offers a newer build (rare in a city where the average home dates to 1966) with a notably large lot for its street. The assessed value leads the street, which may signal either strong finishes or a premium location within the block. It’s not the largest home in the surrounding area, but it avoids the trade-off between age and space that many buyers face in older neighbourhoods.
This home would suit buyers who want a relatively new, low-maintenance property without moving to a distant suburb. It’s a good fit for someone who values a solid yard (over 5,000 sq.ft.) in an established part of Winnipeg, and who prefers a home that stands out on its street but doesn’t overshoot the neighbourhood’s typical price point. It may also appeal to buyers comparing newer infill builds against older character homes—this one leans modern but keeps a functional lot size.
Five Possible FAQs
1. How does this home compare to newer builds in the neighbourhood?
The house was built in 2019, which is just two years older than the neighbourhood average of 2021. It’s essentially comparable to recent infill in West Kildonan Industrial, though its lot is larger than most newer builds nearby.
2. Is the assessed value a reliable indicator of market price?
Assessed value is used for property tax calculation and may lag behind current market conditions. That said, this home ranks first on its street by assessed value, which often reflects above-average finishes or upgrades relative to neighbouring properties.
3. How usable is a 5,231 sq.ft. lot in this area?
It’s well above the street average of 3,048 sq.ft., which means more backyard space than most neighbours. For Winnipeg, this is a mid-sized lot—larger than typical infill lots, but smaller than many older suburban lots. It’s suitable for gardening, a small shop, or kids’ play space without being overwhelming to maintain.
4. What does “top 4% citywide for build year” actually mean?
Only about 4% of Winnipeg homes are newer than 2019, based on the city’s housing stock. This puts the property in a small group of relatively recent builds, which can mean fewer immediate repair or upgrade needs compared to the average home in the city.
5. How does the living space feel for daily use?
At 1,510 sq.ft., it’s slightly larger than the city average (1,342 sq.ft.) but slightly smaller than the neighbourhood average (1,591 sq.ft.). It’s a comfortable size for a couple or small family, though it won’t offer the expansive open layout of some newer suburban homes. The layout and floor plan details would determine how that square footage translates to actual rooms.