Key Characteristics & Buyer Profile
At 1,792 square feet, 222 Orion Crescent sits right around the average for its street but is notably larger than most homes in the broader West Kildonan Industrial area and across Winnipeg as a whole. It ranks in the top 23% for living space locally and top 17% citywide. The home was built in 2021, which puts it in the top 2% of homes across the city by age—significantly newer than Winnipeg’s average construction year of 1966. Its assessed value of $509,000 is slightly below the street average but well above the community and city averages, reflecting the trade-off of a newer, larger home on a smaller lot. The lot itself is 3,797 square feet, which is smaller than typical for the street and city, but fairly average for the immediate neighbourhood.
The appeal here is straightforward: you get a modern, spacious house in an established area without the compromises that often come with older stock. The trade-off is a more compact yard, which may actually suit buyers who want less outdoor maintenance. This property would work well for someone who prioritizes interior space and contemporary construction over a large lot—first-time buyers looking for something move-in ready, downsizers seeking a newer home without the upkeep of a big property, or families who value a functional floor plan over sprawling grounds. It’s less suited to buyers who want a big garden, room for additions, or the character of an older neighbourhood.
Five Possible FAQs
1. How does the smaller lot affect resale value?
It depends on the buyer pool. In this neighbourhood, lot size around 3,800 sqft is fairly typical, so it’s not an outlier. On the street itself, lots are larger on average, so the home may appeal more to buyers who value the house itself over yard space. That could narrow the market slightly, but the modern build and generous interior are strong counterweights.
2. Why is the assessed value slightly below the street average if the house is newer?
Assessed value reflects a mix of factors, not just age. The street has a range of homes, some on larger lots or with different features that push the average up. This home’s assessment is slightly below the street average but well above the neighbourhood norm, which is consistent with its newer construction and above-average size on a modest lot.
3. Is the neighbourhood well-established or still developing?
West Kildonan Industrial is a mixed area—part residential, part light industrial. The home itself is on a residential street, so it’s not directly in an industrial zone. The neighbourhood is established, with a mix of older and newer infill homes. The 2021 build date suggests this property is part of more recent development within an existing community.
4. How do property taxes compare to similar newer homes in Winnipeg?
Assessed at $509,000, the tax bill would be in line with other homes in that price range. Given the home ranks in the top 18% citywide by value, taxes will be higher than average for Winnipeg but reasonable for a home of this size and age. It’s worth checking the exact mill rate for the current year.
5. What’s the trade-off between living space and lot size in practical terms?
A 1,792 sqft home on a 3,797 sqft lot means the house takes up a good portion of the property. That leaves less backyard space for gardening, large decks, or playsets, but also means less mowing, snow clearing, and general upkeep. For buyers who spend more time indoors or want a low-maintenance yard, this is a practical advantage.