221 North Point Boulevard – Property Summary
Key Characteristics & Buyer Fit
This home is a 2019 build with roughly 1,180 sqft of living space on a 1,874 sqft lot. Its strongest selling point is its age. Citywide, the property ranks in the top 4% for year built—most homes in Winnipeg date to the mid-1960s. On its own street and in the West Kildonan Industrial neighbourhood, however, it’s only around average compared to other recent builds. The living area is smaller than typical for both the street and the area (ranking in the bottom 2% and 1% respectively), though it sits close to the citywide average. The assessed value of $334,000 is below both the street and neighbourhood averages, but roughly in line with the city median.
The appeal here is less about space or lot size and more about getting a newer home without paying a premium for a large yard or square footage. The property suits buyers who prioritize a low-maintenance, relatively modern interior over land area, or who want to enter a newer neighbourhood at a more accessible price point than what the street’s average suggests. It may also appeal to investors or first-time buyers who see value in a home that doesn’t need immediate updating, even if the lot and living area are on the compact side.
Frequently Asked Questions
1. How does this home compare to others on the same street?
It’s smaller in both living area and lot size than most homes on North Point Boulevard. The assessed value is also below the street average, which reflects the smaller footprint and land. However, it’s similar in age—many homes on this street were built between 2019 and 2022.
2. Is the assessed value a good indicator of market price?
Assessed value is used for property tax purposes and may not match current market conditions. In this case, the $334,000 assessment is below the neighbourhood average of $442,900, but market demand for newer, smaller homes could push the sale price higher or lower depending on competition.
3. Why is the lot size ranked so low when the house is new?
Newer subdivisions often allocate smaller lots to maximize density. This property ranks in the bottom 100% citywide for land area, meaning almost every other home in Winnipeg sits on a larger parcel. For buyers who want yard space for gardening, pets, or expansion, this is a definite limitation.
4. What does “around average” citywide for living area actually mean?
The home’s 1,180 sqft is slightly smaller than the citywide comparable average of 1,342 sqft, but it falls into the middle range (top 52%). In practical terms, it’s a typical size for a two- or three-bedroom home in Winnipeg—neither notably spacious nor cramped by local standards.
5. Who would this property not suit?
Buyers looking for a large lot, significant outdoor space, or room to add a garage or extension would likely find this home disappointing. Similarly, anyone wanting a turnkey home with generous living area might prefer a slightly older, larger property elsewhere in the same price range.