This is a 2021-built home with 1,248 square feet of living space on a 2,345-square-foot lot. Its standout feature is its age: it ranks in the top 2% citywide for newer construction, a rarity in a market where the average home was built in 1966. The assessed value of $356,000 sits around average for its street and the city as a whole, but notably below the wider West Kildonan Industrial neighborhood average of $442,900.
The appeal here is largely about getting a nearly new home in an older, established area without paying a premium for that newness. The living area is slightly smaller than the street and neighborhood averages, which likely keeps the price more accessible. The lot is generous for the immediate street (top 10%) but compact by neighborhood and city standards—typical for an infill build.
This property suits buyers who prioritize a low-maintenance, modern interior and want to avoid the renovation cycles common with older homes. It may also appeal to those who value being priced below the neighborhood median while still owning a recent build. It’s less ideal for buyers seeking a large yard or maximum square footage for the money.
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How does the smaller living area affect daily use compared to older homes nearby?
While 1,248 square feet is below the street average, newer layouts often use space more efficiently than mid-century homes of similar or slightly larger size. Open-concept designs and better storage integration can make the home feel more usable than the raw square footage suggests.
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Is the lower assessed value a sign of a problem with the property?
Not necessarily. The assessment reflects market comparisons, and this home’s value is lower than the neighborhood average primarily because it sits on a smaller lot than many older properties. The home itself is brand new and should require fewer immediate repairs than an older house in the same price range.
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Why is the lot ranked high on the street but low citywide?
Many homes on Mira Gate have lots around 2,100 square feet, so this one is generous by that local standard. But citywide, and especially compared to the West Kildonan Industrial area’s older, larger lots averaging 3,839 square feet, it’s compact. This is typical for a newer infill lot in a built-up neighborhood.
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What does “top 2% citywide for year built” actually mean in a practical sense?
It means the home is among the newest 4,130 out of nearly 195,000 comparable properties in Winnipeg. You’re unlikely to find many other homes this new in this price range. The trade-off is that you’re paying for modernity rather than land or historic character.
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Does the neighborhood analysis show nearby homes of similar age and value?
Checking the neighbourhood map analysis will show how this property compares to immediate neighbours. Given its 2021 build and below-neighborhood assessment, it’s likely surrounded by older, higher-valued homes on larger lots—a situation that can offer both privacy and a sense of being in an established community.