183 Phoenix Way

183 Phoenix Way – Property Summary

Key Characteristics & Buyer Profile

This 2019-built home on Phoenix Way stands out most for its build year and living space. At 1,553 square feet, it ranks #1 on its street for living area—among the largest homes in a row of 78 comparable properties. It also sits in the top 4% citywide for year built, meaning it’s newer than nearly all Winnipeg homes (city average: 1966). The assessed value of $391,000 is slightly above street average ($376,600) but below the neighborhood average ($442,900), suggesting the home may offer better square footage per dollar than many nearby properties. The lot is modest at 2,852 square feet—smaller than most both locally and citywide—which keeps the footprint compact and the yard lower maintenance.

The appeal here is a balance between new construction and good value relative to the immediate street. It would suit buyers who prioritize having a modern, relatively spacious interior without paying a premium for a large lot. This could be a strong fit for first-time homeowners, downsizers, or anyone who wants a newer house in a city where the median home was built decades earlier. The property is less ideal for buyers seeking land size, garden space, or a quiet suburban buffer.

Frequently Asked Questions

1. How does this home’s assessed value compare to others in the area?
On Phoenix Way, the assessed value of $391,000 ranks in the top 24%—above average for the street. But in the broader West Kildonan Industrial neighborhood, it falls closer to the middle (60th percentile), where the average is about $443,000. That gap means you're buying a newer, above-average street home at a price that's below the neighborhood norm.

2. Is the lot size a concern for resale?
Yes, it could be if resale is a priority. The lot is 2,852 square feet, which ranks near the bottom citywide (top 91% means it's smaller than 91% of Winnipeg lots). Many buyers here expect more land. But for someone who values less upkeep or wants a newer home without paying for extra land, it’s a trade-off that works—just worth noting it won’t appeal to everyone later.

3. Why does the neighborhood rank low for year built, even though this home is new?
The neighborhood average build year is 2021, which is actually newer than this home. That ranking (64th percentile) shows the area has a number of very recent constructions. The house is still newer than most of the city, but within West Kildonan Industrial, it’s not unusually new. The real strength is that it’s the newest home on its street.

4. What is the typical buyer for this street?
Based on the data, Phoenix Way seems to attract people who want a newer home with a larger-than-average living area. The lot sizes vary, but most are not oversized. Likely buyers include professionals, small families, or retirees who want efficient space, not acreage. It’s not a high-luxury strip, but it sits near the top end of its street for quality and size.

5. Does the “top 1%” ranking on street level really matter?
It depends how you look at it. Being #1 out of 78 for living area means you have the most square footage on that specific street—which adds bragging rights and a clear advantage if comparing homes within a short walk. But it doesn’t mean the home is exceptional citywide. It simply means relative to its immediate neighbors, it’s the largest. That can help with marketability and perceived value, especially if neighbors sell smaller units.