231 Orion Crescent – Property Summary
Key Characteristics & Buyer Suitability
This is a newer single-family home, built in 2021, located on Orion Crescent in Winnipeg’s West Kildonan Industrial area. The living area is 2,234 square feet, which ranks in the top 9% on the street and top 6% citywide—meaning it’s noticeably larger than most comparable homes in the broader market. The assessed value of $586,000 is also above average for the street (top 22%) and well above the neighbourhood average of $442,900. The lot size of 4,358 square feet is close to the median for the street and neighbourhood, but slightly smaller than the citywide average for similar properties.
The home’s appeal lies in its combination of recent construction and generous interior space, without an oversized lot. For buyers who prioritize modern finishes, energy efficiency, and square footage over a large yard, this property offers a strong balance. It would suit a family looking for a move-in-ready home in a relatively established street context, or a buyer who values being above average in living space and assessed value while avoiding the premium often attached to the largest lots in the city. The ranking data suggests this home is a solid, above-average option for its street and neighbourhood, but not an outlier that commands a significant price premium for land.
Frequently Asked Questions
1. How does this home’s size compare to others in the city?
The living area of 2,234 sqft ranks in the top 6% citywide among comparable homes. The average living area in Winnipeg for similar properties is 1,342 sqft. So this is a significantly larger-than-average home for the market.
2. Is the lot size considered small for the area?
The lot is 4,358 sqft, which is around average for the neighbourhood (where the average is 3,839 sqft) but below average for the street (4,976 sqft) and citywide (6,570 sqft). It’s a standard-sized lot for a newer infill or subdivision home, not a compact lot, but not a deep lot either.
3. How does the assessed value relate to actual market price?
The assessed value is $586,000. This is above the street average ($522,200) and well above the neighbourhood average ($442,900). Assessments are a lagging indicator of market value, but they suggest the home is positioned at a higher price point than most nearby properties, which reflects its newer construction and larger living area.
4. What does “Ranked #4,130 out of 194,458” mean for the build year?
It means this home is newer than 98% of comparable homes citywide. The average build year citywide for similar properties is 1966, so this 2021 build is a significant outlier in terms of age. That typically means fewer immediate maintenance concerns and better energy performance.
5. What’s the neighbourhood like in terms of home ages and character?
The average build year in the West Kildonan Industrial neighbourhood is also 2021, meaning this home fits right in with its immediate surroundings. The street itself varies a bit more (top 18% for year built), but the neighbourhood as a whole is relatively uniform and recent in construction. You won’t find a mix of 50-year-old homes here.