Key Characteristics & Appeal
This is a 2019-built home with 1,327 sq ft of living space on a compact 2,007 sq ft lot. Its standout feature is construction year: among nearly 200,000 homes citywide, it ranks in the top 4% for newness. The property sits on North Point Boulevard in the West Kildonan Industrial area.
The appeal lies in how the home balances a recent build against its pricing. The assessed value ($341,000) sits well below both the street average ($375,000) and the community average ($443,000), putting it in the lower-cost tier for its area. That suggests a newer home available at a relative discount compared to neighbours—unusual in most markets.
Living space is close to city average but noticeably smaller than the local community average, so it suits buyers who prioritize a modern, low-maintenance home over square footage or a large yard. The land size is small even by city standards (bottom 1%), which limits outdoor space but reduces upkeep. This property would particularly suit first-time buyers, downsizers, or anyone looking for a newer build without paying a premium for lot size or extra rooms.
Five Possible FAQs
1. How does the property's small lot affect its value or future resale?
Small lots typically mean less maintenance and lower upfront cost, but they can also limit expansion options and appeal to buyers seeking outdoor space. In this case, the lot is significantly smaller than both street and city averages. That may keep future price growth more tied to the condition of the house itself than to land appreciation.
2. Why is the assessed value lower than the community average, even though the home is newer?
The community average includes older homes with larger lots in West Kildonan Industrial, which likely raises the typical assessment. This property's smaller lot size and slightly below-average living area offset the newer construction when compared to neighbours. The result is a lower tax assessment, which also means lower annual property taxes.
3. Is a 2019 build considered new enough to avoid major repairs soon?
Generally yes. A home built in 2019 is roughly five to six years old at time of writing, so major systems (roof, furnace, windows) should still have significant lifespan remaining. That said, attention to builder quality and any ongoing warranty issues would be worth checking, as newer doesn't always mean problem-free.
4. How does the home compare to other properties on North Point Boulevard itself?
On its own street, the home is close to average in size and build year, but falls below average in assessed value and lot size. That means it's a relatively affordable option within the immediate neighbourhood, though you're getting less land and a slightly older home than the street norm.
5. What kind of buyer would this property not suit?
It would not suit buyers who want a large yard, room for additions, or a home in a top-ranked school zone with premium lot sizes. Anyone looking for maximum square footage per dollar, or who prioritizes a quiet, spacious property, would likely want more land and older construction elsewhere.