This is a 1,548 sqft home built in 2019 on a 3,149 sqft lot in the West Kildonan Industrial area of Winnipeg. Its most notable feature is the year built—it ranks #1 on Phoenix Way and in the top 4% citywide for newer construction. The living area is also strong for the street, ranking in the top 4%, though it sits slightly below the neighborhood average. The assessed value of $390,000 is above the street average but below the neighborhood average, putting it in a middle tier locally.
The appeal here is a modern home on a street of similarly newer builds, offering a relatively fresh floor plan without the premium of a brand-new suburb. The lot is compact by city standards—ranking in the bottom 14% citywide—so the property suits buyers who prioritize interior space and modern finishes over yard size. It’s a good fit for first-time buyers, downsizers, or anyone looking for a low-maintenance home in an established area where land isn't the main draw. The neighborhood itself is around average for age and value, meaning the home stands out more for its individual condition than its surroundings.
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How does this property compare to others on the same street?
It’s one of the newest homes on Phoenix Way, with the largest living area and a slightly higher assessed value than the street average. The lot size is also a bit above the street average, though not dramatically so.
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Is the assessed value in line with the neighborhood?
The assessed value of $390k is about 12% below the West Kildonan Industrial average of $442.9k. That gap suggests the home may be more affordable than many nearby options, possibly due to its smaller lot size.
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Why is the lot size ranked so low citywide?
At 3,149 sqft, the lot is smaller than roughly 86% of comparable homes across Winnipeg. This is typical in older, more established neighborhoods where lots were subdivided or where newer infill builds sit on compact parcels.
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What does “Around Average” mean for the neighborhood rankings?
The property ranks near the middle of the neighborhood for living area, assessed value, and lot size. This means it doesn’t stand out strongly in the immediate area, but its newer construction and good street-level rankings set it apart.
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Would this home hold its value well?
The modern build and desirable street ranking (#1 for year built) are strong points, but the smaller lot and average neighborhood positioning could limit upside. It’s likely a stable, functional choice rather than a high-appreciation play.