61 Orion Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 2021-built home with 2,051 square feet of living space on a 4,361-square-foot lot. It sits in the West Kildonan Industrial neighbourhood of Winnipeg.

The property stands out most for its living area and age. At 2,051 sqft, it ranks in the top 10% citywide for size, well above the average comparable home in Winnipeg (1,342 sqft). The year built (2021) places it in the top 2% citywide, meaning it's significantly newer than most homes in the city, where the average comparable was built in 1966. The assessed value of $558k is above average locally and citywide, but roughly in line with others on the same street.

The appeal here is fairly straightforward: you get a relatively new, spacious home without paying a large premium over the street average. The trade-off is the lot size. At 4,361 sqft, the land area is slightly below the street average and well below the citywide average for comparable homes. For buyers who prioritize indoor square footage and a modern build over a large yard, this makes sense. It would suit families or individuals who want a turnkey property with contemporary finishes and aren't planning extensive outdoor gardening or expansion.

Frequently Asked Questions

1. How does this home compare to others on Orion Crescent?
It ranks in the top 23% for living area and top 18% for newness on the street. Assessed value is around the middle (top 31%), and land area is near average (top 46%). So it's larger and newer than most neighbours, but not the most expensive or the biggest lot.

2. Is the $558k assessed value a reliable estimate of market price?
Assessed value is a lagging indicator of market conditions, not a guaranteed sale price. It's useful as a baseline for property taxes and relative comparisons, but active listings and recent sales in the area will give a more accurate sense of what a buyer might actually pay.

3. Why is the land area relatively small compared to citywide averages?
The citywide average (6,570 sqft) includes older homes on larger lots, especially in suburban and rural areas. This is a newer infill-style property in an established neighbourhood, where lot sizes tend to be smaller. The land area here is typical for the street and slightly above the neighbourhood average (3,839 sqft).

4. What does "West Kildonan Industrial" mean for the neighbourhood feel?
Despite the name, this is a residential pocket within a broader industrial-zoned area. It's worth checking the immediate surroundings—proximity to commercial or light industrial uses could mean more traffic or noise, but also convenience to services. A drive-by visit is recommended.

5. What's the main downside of buying this property?
The lot is not large, and citywide it's in the bottom third for land area among comparable homes. If you want space for a workshop, garden, or future addition, this may not be the best fit. Also, being built in 2021, it's still relatively new—but that also means property taxes will reflect the current assessed value, which is above the neighbourhood norm.