127 Phoenix Way – Property Summary
1. Key Characteristics, Appeal & Ideal Buyer
This home is a 1,492 sqft residence built in 2019, situated on a 2,737 sqft lot. Its strongest asset is its construction year: it ranks #1 on its street and in the top 4% citywide for newer homes, offering a modern build in an area where the average home was built in 1966. The living area is around average for its street and neighbourhood, and slightly above the citywide average for comparable homes.
The assessed value is $376,000, which sits near the street average but below both the neighbourhood and citywide averages for comparable properties. This suggests the home may offer a relatively lower entry price for a newer build within the broader West Kildonan Industrial area, though the lot size is smaller than typical for the city.
This property would suit a buyer who prioritizes a newer, move-in-ready home with modern construction standards over a large yard or a location with above-average square footage. It’s a solid, unflashy choice for someone who wants a contemporary home in an established area without paying a premium for space or a trending neighbourhood.
2. Five Possible FAQs
Is the home actually in West Kildonan?
The analysis uses “West Kildonan Industrial” as the neighbourhood grouping. This is a broader classification—it’s worth confirming the exact zoning and nearby amenities in person.
Why is the lot ranked so low citywide?
The lot is 2,737 sqft, which is smaller than many Winnipeg homes—the citywide average for comparable properties is 6,570 sqft. This ranking reflects citywide lot sizes, not necessarily the street or neighbourhood average, where the lot is roughly typical.
How does the assessed value compare to recent sale prices?
The assessment ($376k) is a municipal valuation, not a market price. For a 2019 build, actual sale prices may vary depending on condition, upgrades, and current demand. Comparing it to recent sales on the street will give a clearer picture.
Is the neighbourhood considered up-and-coming or stable?
The ranking data doesn’t directly measure growth or desirability. The home’s value is around average for the street and below the neighbourhood average, which could indicate a stable area rather than a rapidly appreciating one. Local market trends would need to be checked separately.
What does “top 45%” for living area actually mean?
It means this home’s living area is larger than 45% of comparable homes on the same street, and 31% citywide. It’s not unusually large or small—it falls within the middle range, offering functional space without being oversized.