223 Phoenix Way

223 Phoenix Way – Property Summary

Key Characteristics & Buyer Profile

This is a newer-build detached home in Winnipeg’s West Kildonan Industrial area, constructed in 2019. The living area is 1,492 square feet, sitting slightly above the street average and comfortably above the citywide median. The assessed value is $383,000, which is marginally higher than the street average but below the broader neighbourhood average—suggesting the immediate street may be a more affordable pocket within the area.

The land is where this property stands out most. At 4,128 square feet, it ranks in the top 8% on its street and has a noticeably larger lot than the street average of 3,048 square feet. However, it’s below the citywide average for land size, so the lot is generous by local standards but not oversized relative to Winnipeg as a whole.

The home’s appeal lies in its relative newness and the land-to-building ratio. Built in 2019, it’s the newest house on the street and ranks in the top 4% citywide for year built. For buyers who want something recently constructed—without the premium of a brand-new development—this offers a balance. It would suit someone who values lower maintenance, modern construction standards, and a yard that’s larger than typical for the immediate street but not so large that it becomes a burden. It’s less suited to buyers seeking a large, sprawling lot or those who prefer older character homes.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
The assessed value is $383,000, which is about $6,400 above the street average but roughly $60,000 below the neighbourhood average. This suggests the immediate street is more moderately priced than the surrounding West Kildonan Industrial area. Citywide, it’s slightly below the median for comparable homes.

2. Is the living area considered large for this property type?
It’s around average. The home ranks in the top 45% on its street and top 31% citywide. At 1,492 square feet, it’s a typical size for a modern single-family home in this part of Winnipeg—not exceptionally spacious, but not cramped.

3. Why is the land ranking so different citywide versus on the street?
The lot is 4,128 square feet, which is well above the street average of 3,048 square feet (top 8% on the street). But Winnipeg has many older homes on significantly larger lots, so citywide it falls in the bottom third. In short: it’s a good-sized lot for this street, but not unusual for the city at large.

4. Is the 2019 build date a major advantage?
Yes, relative to the street and city. It’s the newest house on Phoenix Way, and citywide it ranks in the top 4%. However, the neighbourhood average is 2021, so buyers looking in West Kildonan Industrial will find other similar-age homes. The advantage is more about being newer than what’s immediately surrounding it.

5. What’s the neighbourhood like in terms of home prices and ages?
The neighbourhood skews slightly newer and higher-valued than the street itself. The average assessed value is $442,900 (versus $383,000 on Phoenix Way) and the average year built is 2021 (versus 2019 on the street). So this property is a relatively affordable entry point into a neighbourhood that has a mix of recent builds and slightly older, more expensive homes.