47 Orion Crescent – Property Summary
1. Key Characteristics & Buyer Profile
This home is a new build from 2021 with 1,838 square feet of living space and a 4,361-square-foot lot. Compared to similar homes in Winnipeg, it ranks in the top 16% for living area, the top 7% for assessed value, and the top 2% for year built. In practical terms, that means it’s newer and larger than most of the city’s housing stock, and its assessed value reflects that.
Its appeal lies in consistency: it performs well across the board. On its own street and within the West Kildonan Industrial neighbourhood, it sits comfortably above average in size and value, but without being an outlier. The land area is unremarkable by city or street standards—about average—which may matter to buyers who prioritize yard space. This isn’t a house that trades one feature for another; it’s a solid, balanced newer home.
It would suit buyers looking for a move-in-ready property in a mid-to-upper price range, especially those who value a newer build and don’t need a large lot. First-time buyers stepping up, small families, or anyone wanting something modern without a long construction timeline would find it practical. For someone who sees land as a long-term asset, the modest lot might be a limiting factor—but for someone who wants a house that’s already efficient and well-positioned on the value ladder, it fits.
2. Five Possible FAQs
Is this a good investment relative to other homes in the area?
It ranks in the top 5% of assessed value in its neighbourhood and top 11% on its street, which suggests it already carries a premium. That’s not a guarantee of future growth, but the combination of newer construction and above-average size tends to hold value in this part of the city.
How does the lot size compare?
It’s just under the street average (4,361 sqft vs. 4,976) and very close to the neighbourhood average. City-wide, it falls in the lower third for lot size among comparable homes, so expect standard yard space, not oversized.
Was this a spec home or custom build?
That information isn’t included in this data, but the 2021 build year and the fact it’s being sold now could point to either. A buyer’s agent or title search would clarify ownership history.
How does the living area rank within this price range?
At 1,838 sqft and assessed at $609,000, it’s aligned with homes in the top tier of assessed value city-wide. Buyers comparing it to similarly priced homes will find it competitive on size, but checking recent sale prices for other homes in this bracket is wise.
Is the neighbourhood analysis map useful for comparing this home directly to neighbours?
Yes. The property listing includes a link to a neighbourhood map that shows nearby houses side-by-side on year built, living area, assessed value, and lot size. That would give a clearer sense of whether the rankings here match what you see on the ground.