118 Avior Drive – Property Summary
Key Characteristics
This home delivers 1,587 square feet of living space on a noticeably large lot of 4,723 square feet. Built in 2023, it is among the newest homes in Winnipeg—ranking in the top 1% citywide for year built. The assessed value sits at $468,000.
Its main appeal is the combination of a very new build with a lot size that's above average for both its street and neighbourhood. While the house itself is around average in size for the area, the land is generous compared to nearby properties. The assessed value is slightly below the street average but above average for the broader city, which could suggest the home is priced closer to its structure than its land value.
This property would suit buyers who want a recently built home with a usable yard in an established neighbourhood, without paying a premium for a larger-than-average house. It might also appeal to someone who values land—whether for gardening, storage, or future flexibility—more than extra indoor square footage.
Frequently Asked Questions
1. How does this home compare to others on Avior Drive?
On the street, it's around average for living area and year built, but its land area ranks in the top 25%. The assessed value is below the street average, so you're getting more land for less than some neighbours.
2. Is the assessed value a fair reflection of the home's worth?
The $468,000 assessment is below the street average ($498.9k) but above the neighbourhood average ($442.9k) and well above the citywide average ($390k). This mostly reflects the home's newer construction, though the lot size may not be fully captured in the value compared to similar homes on the same street.
3. Why is the lot size considered good if the city average is larger?
Citywide averages include older suburban and rural properties with much bigger lots. Within West Kildonan Industrial, the average lot is 3,839 sqft—so 4,723 sqft is genuinely big for this area. The city ranking (top 62%) is less meaningful here because the comparison pool is very broad.
4. How long will the "newer than most" advantage last?
It's already a few years old, but being built in 2023 still puts it ahead of roughly 99% of Winnipeg homes. That edge will fade over time, but the home will remain newer than the vast majority for at least another decade. The bigger selling point is the land, which doesn't age.
5. What's the neighbourhood like for resale potential?
West Kildonan Industrial is not a typical residential neighbourhood name, but the home is on a residential street within it. Homes in this area tend to be newer overall (average year built 2021), and the land here is smaller on average than what this property offers. That combination—new build plus a larger lot—is relatively rare, which could help with resale if the area continues to develop.