106 Avior Drive – Property Summary
Key Characteristics & Buyer Fit
This is a 2023-built home with 1,695 sq. ft. of living space on a 4,723 sq. ft. lot. Its assessed value is $497,000.
The property’s main appeal is its newness relative to the rest of Winnipeg. It ranks in the top 1% city-wide for year built—meaning almost every other home in the city is older. Within its immediate neighbourhood (West Kildonan Industrial), it still ranks in the top 9% for recent construction, so you're not the only new build on the block, but you're among the newest.
Size-wise, the home is slightly above average for Winnipeg and noticeably above average within the neighbourhood. The lot is generous by local standards (top 22% in the area), though smaller than the typical city-wide lot, which makes sense for a newer development where lots tend to be more compact. The assessed value sits comfortably above both the neighbourhood and city averages, reflecting the combination of newer construction and above-average square footage.
This property would suit buyers who prioritize a modern, low-maintenance home without the delays or uncertainty of building from scratch. It’s also a good fit for someone who wants more living space than many newer infill homes offer, but doesn’t need a sprawling lot. Because it’s only a year old, major systems and finishes are still under warranty or essentially brand new—something older homes in the same price range can’t offer.
Five Possible FAQs
1. How does this home compare to others on the same street?
On Avior Drive, it’s fairly average. It ranks in the middle for both living area (top 45%) and assessed value (top 48%). The lot is slightly larger than most neighbours’ (top 25%), and the year built is similar to the street average of 2024. So it fits in well without being an outlier.
2. Is the lot size a concern compared to older Winnipeg homes?
The lot is 4,723 sq. ft., which is smaller than the city-wide average of 6,570 sq. ft. But that average is pulled up by many older, larger lots in established neighbourhoods. Within this specific area, the lot is actually above average (top 22%). For a 2023 build, this size is typical and functional—enough for a yard without the maintenance of a bigger property.
3. Why is the assessed value higher than the neighbourhood average?
The neighbourhood average assessed value is $442,900, while this home is assessed at $497,000. The difference is primarily driven by the newer construction and slightly larger living area. Newer homes in this area tend to appraise higher because they require less immediate upkeep and include modern building standards.
4. How does “year built” ranking affect resale value down the road?
Being in the top 1% city-wide for newness is a strong selling point now, but it will become less distinctive as the home ages. The advantage is that you’re starting with a full lifecycle ahead of you—no deferred maintenance from previous owners. In 10 or 15 years, this home will still be relatively young compared to the Winnipeg median (1966), which should help it hold value relative to older stock.
5. What does “neighbourhood level” mean in this context?
The neighbourhood listed is West Kildonan Industrial. It’s a mixed area with both residential and industrial uses. The rankings compare this home to other single-family homes within that same defined area. Because the neighbourhood includes older homes and some newer developments, the data gives a realistic picture of how this property stacks up against its immediate peers, not just the city as a whole.