47 Phoenix Way – Property Summary
What Makes This Property Stand Out
This is a 2018-built home with 1,492 square feet of living space on a 3,150-square-foot lot. Compared to other homes on Phoenix Way, the assessed value is in the top 10%, meaning it’s one of the more highly valued properties on the street. The lot size is also above average for the street, ranking in the top 14%. While the living area is close to the street average, it sits above the city-wide average for comparable homes (top 31%).
The biggest differentiator is the construction year. Built in 2018, it places in the top 4% of homes across Winnipeg by newness. This is uncommon for most listings and matters to buyers who want a modern build without the wait or cost of new construction. Within the immediate community area, however, it's newer than average but not exceptional—so the property stands out more at a city level than within its own neighbourhood.
Who it suits: Buyers who value a newer home in a stable, established street context. It’s a fit for someone looking for a house that’s been built recently enough to have modern layouts and systems, but is already in a built-out area with mature surroundings. Also relevant for buyers who prioritize assessed value and lot size relative to immediate neighbours, rather than maximum square footage.
Frequently Asked Questions
1. How does the living space compare to other homes in the area?
It’s slightly above the street average (1,430 sqft) and the city-wide average (1,342 sqft), but below the community average (1,591 sqft). So the home offers decent space, but not oversized for the neighbourhood.
2. Is the assessed value high for what you get?
On the street, yes—it ranks in the top 10%. But in the broader community, it’s close to the middle. That suggests the home is valued strongly among its immediate neighbours, but not unusually high once you zoom out.
3. How new is the home compared to others nearby?
Built in 2018, it’s newer than most homes in Winnipeg (top 4% city-wide). Within its own community, it’s slightly below the average build year of 2021, so it’s not the newest on the block, but still very recent.
4. Is the lot size considered small or large?
It’s above average for the street (top 14%), but below average for the city overall (bottom 86%). That means the lot is generous for the immediate area but compact by broader Winnipeg standards.
5. How does this property rank overall?
It performs best in construction year (top 4% city-wide) and street-level assessed value (top 10%). Living area and lot size are more moderate—solid but not standout. For someone comparing within the street, it’s a strong option; for city-wide comparison, the newer build is the main draw.