78 Taurus Way – Property Summary
Key Characteristics & Buyer Profile
This property stands out most for its generous living space and very recent construction. At 2,046 square feet, it ranks in the top 11% within its community and top 10% citywide, well above the average home in Winnipeg. Built in 2020, it is newer than 97% of homes across the city—a significant advantage in a market where the average house dates to the mid-1960s. The assessed value, at $524,000, sits close to the street average but notably higher than both the community and city averages, reflecting the premium placed on size and newness. The lot is modest at 4,015 square feet—slightly below the community norm and well below the city average—which is typical for newer infill homes where interior space is prioritized over yard size.
The appeal here is pragmatic: you get a nearly new, spacious home without paying a premium relative to the immediate street. For buyers who value modern construction, lower maintenance, and generous square footage over a large lot, this property offers good relative value. It would suit families or professionals moving from an older home who want something turnkey, as well as anyone comparing new builds in established neighborhoods where land is constrained. The trade-off is clear: more house, less yard.
Five Possible FAQs
1. How does the property’s size compare to other homes on the street and in the area?
It is larger than most. On Taurus Way, it ranks 11th out of 39 homes, placing it in the top 28%. Within the West Kildonan Industrial community, it is 73rd out of 664—or the top 11%. Citywide, it falls in the top 10% of all homes by living area.
2. Why is the assessed value higher than the community average but close to the street average?
The street has a mix of similarly sized and newer homes, so values cluster more tightly. Across the broader community, homes tend to be older and smaller, which pulls the average down. This property’s assessment reflects both its size and construction year relative to its immediate neighbors.
3. Is the lot size a disadvantage?
It depends on your priorities. The lot is 4,015 square feet, which is smaller than the street average (5,153 sq ft) and well below the city average (6,570 sq ft). That said, it is slightly above the community average (3,839 sq ft). Buyers who want a large garden or yard space may find it limiting, but those seeking low-maintenance outdoor space and more interior room will see it as a reasonable trade-off.
4. How does the 2020 build year affect things like insurance or renovations?
Newer homes often qualify for lower insurance premiums due to updated electrical, plumbing, and roofing. Additionally, with a 2020 build, major systems and structural components are under warranty or have many years of useful life remaining, reducing the likelihood of immediate renovation costs.
5. What does “ranked top 3% citywide for build year” actually mean in practical terms?
It means that of nearly 195,000 residential properties in Winnipeg, only about 5,800 are newer than this home. In a city where the average home is over 55 years old, a 2020 build offers modern insulation standards, energy efficiency, and contemporary layouts that older homes typically lack. It also means fewer surprises with aging infrastructure.