Property Overview
Key Characteristics & Target Buyer Profile
This 2021-built single-family home at 218 Orion Crescent offers 1,579 square feet of living space on a 3,845-square-foot lot in Winnipeg’s West Kildonan Industrial area. The property sits below the street average for living area (1,812 sq. ft. average on the block) but outperforms the citywide median, ranking in the top 26% across Winnipeg. Its land size is notably compact for the neighborhood, ranking in the bottom 11% on Orion Crescent. The assessed value of $480,000 is slightly below the street average ($522,000) but above both the community and city medians. The home’s construction year is a standout feature—it falls within the top 2% citywide for newness, given Winnipeg’s median build year of 1966.
The appeal centers on a newer, well-maintained home in an established neighborhood, without paying a premium for extra land that may go unused. Buyers who prioritize energy efficiency, lower maintenance, and modern construction over a large yard will find this property practical. It suits first-time buyers looking for something move-in ready, downsizers seeking a manageable property, or anyone who values being ahead of the curve on building age without the price tag of a new suburban subdivision. Less obviously, it could appeal to investors targeting long-term rental demand for newer builds in a central location where older housing stock dominates.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area is below the street average (1,812 sq. ft.) but above the community (1,591 sq. ft.) and city (1,342 sq. ft.) medians. The lot is smaller than most on the street—about 23% less than the average lot of 4,976 sq. ft.—but in line with the community’s typical lot size.
2. Is the assessed value high for what you get?
At $480,000, the assessment is near the middle for Orion Crescent (top 64%), close to the community average, and above the citywide median. Given the home’s newer construction, the value reflects modern building costs and fixtures rather than land size. It’s not a bargain for land, but it’s competitive for a 2021 build in this price range.
3. Why is the land size flagged as a disadvantage?
The lot ranks in the bottom 11% on the street and bottom 23% citywide. This may limit future expansion or outdoor entertaining space but also means less yard work and lower maintenance costs. Buyers expecting a large private yard should look elsewhere; those wanting a compact, efficient footprint may see it as a plus.
4. How does the neighborhood compare to newer subdivisions?
The West Kildonan Industrial area is more developed and established than most new suburbs, offering proximity to services and transit. While the home’s lot is smaller than typical suburban plots, the build quality and age rival that of new subdivisions. It’s a trade-off between yard space and location convenience.
5. What are the rankings actually measuring?
Rankings compare this home’s living area, lot size, build year, and assessed value to other properties on the same street, in the same community, and across Winnipeg. A lower number means a higher rank (e.g., top 2% citywide for build year means it’s newer than 98% of homes). Progress bars show roughly how the property stacks up against others in each category—longer bars indicate an advantage.