151 Phoenix Way

151 Phoenix Way – Property Summary

Key Characteristics & Ideal Buyer Profile

This home at 151 Phoenix Way is a 2019 build with 1,520 square feet of living space on a 2,852-square-foot lot. Its standout feature is the year built: it ranks in the top 1% on its street and top 4% citywide in Winnipeg, meaning it’s one of the newest homes in the area. The living area is above average for both the street (top 9%) and the city (top 29%), though it sits around the neighborhood average. The assessed value is $378,000—roughly in line with other homes on Phoenix Way and slightly below the neighborhood median of $442,900. The land is on the smaller side, especially compared to citywide averages, but that’s typical for a newer infill property.

The appeal here is balance: you get a modern, recently built house without paying a premium for a massive lot or a top-tier neighborhood valuation. The home competes well on size and condition but isn’t overpriced relative to its surroundings. This would suit a buyer who values a newer, move-in-ready home over yard space or historic character—likely a first-time homeowner, a young family, or someone downsizing from an older, larger property who wants less upkeep. It also works for an investor focused on a solid, low-maintenance asset in a stable part of West Kildonan Industrial.

Frequently Asked Questions

1. How does this home’s assessed value compare to similar properties nearby?
The assessed value of $378,000 is close to the average on Phoenix Way ($376,600) but about 15% below the neighborhood average ($442,900). That gap suggests the home is priced competitively for its immediate street, while the neighborhood has a wider mix of older or larger homes pulling the average up.

2. Is the smaller lot a drawback?
It depends on your priorities. The lot is below average for the street (2,852 sqft vs. 3,048 sqft) and well below the citywide average (6,570 sqft). But for a 2019 build, a compact lot is common—less yard work and lower maintenance. If outdoor space is critical, this might feel tight; if you prefer a newer home with efficiency, it’s a fair trade-off.

3. Why is the year built ranked so high on the street but only around average in the neighborhood?
The street (Phoenix Way) has a very consistent housing stock, likely all built around 2019—so being #1 out of 78 simply reflects being one of the newest among a young group. The neighborhood includes a broader range of ages, including newer developments, so a 2019 home doesn’t stand out as much there. Citywide, however, it’s still very recent compared to Winnipeg’s older housing stock.

4. What does “top 9% for living area” on the street actually mean in square footage?
The average living area on Phoenix Way is 1,430 sqft. At 1,520 sqft, this home is about 90 square feet larger than the typical house on the street. It’s a noticeable but not dramatic difference—enough to feel spacious without being oversized.

5. How does the neighborhood “West Kildonan Industrial” affect livability?
The name suggests a mix of residential and light industrial uses. That can mean quieter streets and potentially lower property values than purely residential areas, but also good access to main roads and services. Buyers should check proximity to commercial zones and noise levels, as the “industrial” label may suggest less green space or more traffic than a strictly residential subdivision.