245 North Point Boulevard – Property Summary
Key Characteristics & Who It Suits
This is a 1,327-square-foot home built in 2019 on a 2,495-square-foot lot, with an assessed value of $324,000. The unit is newer than most homes in Winnipeg—citywide, it ranks in the top 4% for year built—but its land and living areas are on the smaller side compared to what’s typical in the West Kildonan Industrial neighborhood and across the city. Its assessed value is also below average for the street and the area, which places it in a more accessible price bracket relative to nearby homes.
The appeal here is straightforward: you get a relatively new build without paying a premium for a large lot or oversized square footage. Buyers who prioritize a modern floor plan, lower maintenance, and energy efficiency—without needing extra yard space—will find this property practical. It’s less suited for someone looking for a large family home with a big yard or for an investor expecting lot value appreciation. The street itself is average for living area and year built, so the home fits comfortably into its immediate context without standing out as either oversized or outdated.
Ideal buyer: First-time homeowners, couples, or small families who want a recent construction in a moderately priced segment of the market, and who are okay with a compact lot in an older, industrial-adjacent neighborhood.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
On its street, this home is valued below 97% of comparable properties (ranked 62 out of 64). The average assessed value on North Point Boulevard is about $375,000, so this unit is roughly $51,000 lower. That gap suggests either a smaller size, fewer upgrades, or a less desirable position compared to neighbors.
2. Is a 2,495-square-foot lot a disadvantage?
It depends on your priorities. The lot is slightly below the street average (2,598 sqft) and significantly smaller than the neighborhood average of 3,839 sqft. Citywide, it falls in the bottom 4% of lots. If you value a private yard, gardening space, or future expansion potential, this property will feel tight. If you want less outdoor upkeep, it’s a plus.
3. The home was built in 2019—why is that notable?
Most homes in Winnipeg were built around 1966, so a 2019 build puts this property in the top 4% citywide for newness. That usually means modern construction standards (better insulation, updated electrical, contemporary finishes) and fewer immediate repair needs compared to older stock. However, on its own street, it’s average—the street average year is 2022, so some neighbors are even newer.
4. How does living area compare, both locally and citywide?
At 1,327 sqft, this home is slightly below the street average (1,404 sqft) and below the neighborhood average (1,591 sqft). Citywide, it’s right around the average of 1,342 sqft. So it’s a typical size for Winnipeg overall, but smaller than what’s common in West Kildonan Industrial. You’re getting less interior space than many nearby homes.
5. What kind of neighborhood is West Kildonan Industrial?
It’s not a typical residential subdivision—the name reflects a mix of older homes, light industrial uses, and some newer infill. Rankings show most properties here have larger lots and higher assessed values than this unit, so this home is a smaller, more affordable entry point into an area that skews pricier. The street itself (North Point Boulevard) seems less diverse in size and value, with this home being one of the lower-valued options.