234 Orion Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1,619 sqft home built in 2021, sitting on a 3,674 sqft lot in Winnipeg’s West Kildonan Industrial neighbourhood. Its main strength is its age. Across the city, it ranks in the top 2% for year built—effectively new construction in a market where the average home dates to 1966. The living area is slightly above the city average (1,342 sqft) and about average for the street and neighbourhood, meaning it offers a functional, modern layout without being oversized.
Where the property is less compelling is the lot size. At 3,674 sqft, it’s smaller than most on Orion Crescent and below the citywide average. The assessed value ($461k) is also below the street average ($522.2k) but above the neighbourhood and city averages. This suggests the home sits in a price tier where newer builds are common, but it’s not a top-tier street within that segment—you get a modern house without paying a premium for a premium address.
This property suits buyers who prioritize a turnkey, recently built home with minimal immediate maintenance concerns over a larger yard or a prime street location. It’s a practical choice for someone who wants newer construction and a solid citywide value proposition, but doesn’t need extra outdoor space or a high-status street. First-time buyers or downsizers looking for a low-upkeep, modern floor plan would likely find it a strong fit.
Five Frequently Asked Questions
1. How does this home compare to other new builds in Winnipeg?
It’s among the newest homes in the city—built in 2021, ranking in the top 2% citywide. Most comparable new construction in Winnipeg is concentrated in outer suburbs or newer infill areas, so finding something this recent in West Kildonan Industrial is relatively uncommon.
2. Is the assessed value realistic for this area?
Yes. The assessment is above the neighbourhood average ($442.9k) and the city average ($390.1k), but below the street average ($522.2k). This indicates the home is priced competitively for a newer property, but the street itself has a mix of higher-value homes—likely older, larger lots or more premium finishes.
3. Why is the lot size considered below average?
At 3,674 sqft, the lot is smaller than many on Orion Crescent (average: 4,976 sqft) and across the city (6,570 sqft). This is typical of newer infill builds, where developers often maximize living space on smaller parcels. If you value outdoor space, this may be a limitation; if you prefer less yard maintenance, it’s an advantage.
4. How does this property rank within its neighbourhood?
It’s in the top 32% for living area and top 42% for assessed value within West Kildonan Industrial. For year built, it’s in the top 29%. So it’s above average in most categories, but not exceptional—a solid mid-to-upper-tier property for the area.
5. What kind of ongoing costs or maintenance should I expect?
Given the 2021 build date, major systems (roof, HVAC, windows, foundation) should have many years of life left. However, newer homes sometimes have minor settlement issues or warranty-related items to address. The smaller lot means less landscaping and snow removal, but the home’s lower street ranking for value may reflect less premium finishes or a less desirable position on the block.