Key Characteristics & Buyer Profile
This is a 1,520 sqft home on Libra Street in West Kildonan Industrial, built in 2021. What stands out most is its newness: it's among the newest homes on the street (top 2%) and across all of Winnipeg (top 2%), where the average home dates to 1966. The living space is slightly above the city average and notably generous for its own street, where it ranks in the top 17%. The assessed value sits at $389,000, which is a bit above the street average but below the broader community average of $443,000, suggesting the neighborhood has a mix of older, larger, or more established properties.
The land is modest at 2,868 sqft—small relative to typical Winnipeg lots, where the average is over 6,500 sqft. That's not unusual for a newer infill or subdivision property. The appeal here is a low-maintenance, relatively modern house in a street where most homes are similar in size and value, without the premium of the priciest parts of the community. It would suit buyers who prioritize a newer build, efficient use of space, and less upkeep over a large yard or an older, character-heavy home. It's a practical, move-in-ready option for someone who wants a contemporary footprint in an established area.
Five Possible FAQs
1. How does this home's value compare to others nearby?
On its street, it's above average in assessed value (top 22%), but within the larger West Kildonan Industrial area, it falls below the community average (top 61%). That likely reflects newer construction on smaller lots compared to older, larger properties in the surrounding area.
2. Is the lot size considered small for Winnipeg?
Yes. The land here is 2,868 sqft, which is below the city average by a wide margin—most Winnipeg homes sit on lots over 6,500 sqft. It's more in line with newer, compact subdivisions. If you're used to a big yard, this will feel tight.
3. What does "top 2% for build year" actually mean?
It means this home is newer than 98% of all properties in Winnipeg. The city's housing stock skews old (average build year 1966), so a 2021 build is a significant outlier. That can mean fewer immediate repairs, better energy efficiency, and modern building standards.
4. How does the living space compare to other homes on the street?
At 1,520 sqft, it's larger than most homes on Libra Street, where the average is 1,412 sqft. It's in the top 17% for that street, so it's one of the roomier options in the immediate neighborhood.
5. Is this a good fit for someone looking for a fixer-upper or investment property?
Probably not. This is a nearly new home with above-average assessed value for its street. There's likely little room to add value through renovations, and the small lot limits expansion potential. It's more suited to someone wanting a finished, efficient home than someone looking to flip or renovate.