158 Avior Drive – Property Summary
Key Characteristics & Buyer Profile
This is a brand-new home, built in 2024, which immediately sets it apart. In a city where the average home was built in 1966, this property ranks in the top 1% citywide for newness. On its own street and within the West Kildonan Industrial neighbourhood, it’s essentially the newest house available.
The living area is 1,587 square feet—slightly below the street average of 1,708 sqft, but above the citywide average of 1,342 sqft. It’s a solid, mid-range size: not oversized, but comfortably above what’s typical across Winnipeg. The land area is 4,722 sqft, which is on par with the street average and above the neighbourhood norm of 3,839 sqft. You get a decent-sized lot without it feeling excessive or hard to maintain.
The assessed value is $474,000. That’s below the street average ($498,900) but above the neighbourhood and citywide averages. The disconnect between the low street ranking (bottom 25% on Avior Drive) and the high citywide ranking (top 24%) suggests this property offers relative value: it’s priced below others on the same street, but it’s still a higher-value home compared to most of Winnipeg. For a buyer who wants a new build without paying the top-of-street premium, this could be a smart fit.
The appeal is straightforward: total newness, no renovation surprises, a practical lot size, and a price that undercuts nearby comparable homes. It would suit buyers who want modern construction and low immediate maintenance, but aren’t looking for the largest house on the block or a sprawling yard. First-time buyers with some budget flexibility, downsizers who want something fresh and manageable, or investors looking for a turnkey asset with strong citywide positioning would all find this home reasonable.
One less obvious angle: because the home is so new, its assessed value may be closer to market reality than older homes with outdated assessments. That can simplify financing and reduce the chance of a valuation gap during a purchase.
Frequently Asked Questions
1. Is this home actually complete and move-in ready?
The year built is listed as 2024, which typically means construction was finished in that calendar year. You’d want to confirm the exact completion date and any outstanding occupancy permits or warranties with the seller or listing agent.
2. Why is the assessed value below the street average if it’s brand new?
The street average of $498,900 likely includes larger homes or properties with upgraded finishes. At $474,000, this home is priced below that benchmark, which could reflect a more standard build or a slightly smaller living area compared to neighbours. It doesn’t indicate a problem—just a different positioning.
3. How does the land area of 4,722 sqft compare to newer subdivisions?
It’s a moderate suburban lot. Citywide, the average land area is 6,570 sqft, so this is smaller than the older, deeper lots you’d find in established areas. In the West Kildonan Industrial neighbourhood, the average is 3,839 sqft, so this lot is above the local norm. It’s a practical size for a new build—enough for a yard without excessive upkeep.
4. What does “comparable homes” mean in these rankings?
The rankings are based on properties that are similar in type and use (single-family residential, likely within a similar price and size range) within each geographic scope. The exact filtering criteria aren’t detailed here, but the comparisons give a solid directional sense of where this home stands relative to its peers.
5. Is this a good purchase if I plan to resell in five years?
New builds in older neighbourhoods often hold value well because they stand out in terms of condition and efficiency. The home’s top-tier newness (top 1% citywide) is a strong resale advantage in the short term. Over five years, the neighbourhood average age will shift, but this home will still be relatively young. The land area is reasonable for future expansion or development, though the lot isn’t oversized. The main resale risk would be if new construction in the area accelerates significantly.