1. Key Characteristics & Buyer Profile
This is a 2020-built, 1,519 sqft home on Libra Street in Winnipeg’s West Kildonan Industrial area. Its standout feature is the land: a 2,869 sqft lot that ranks in the top 7% on its street, offering more outdoor space than most nearby properties. The house itself is slightly above average in size for the city (top 29%), though more in line with its immediate neighbours. Its assessed value sits near the street and city averages, and notably below the wider community average — suggesting it may be priced more modestly than other homes in the broader area. The construction year is a clear strength: built in 2020, it puts it in the top 3% citywide for newness, meaning fewer immediate maintenance concerns and modern building standards.
Where the appeal lies: The home offers a rare combination of a very new build with a relatively generous lot for the street. Buyers get modern efficiency and layout without compromising on yard space, which is often a trade-off in newer developments. The assessed value being close to the street average, despite the larger lot and newer construction, could indicate room for value growth relative to the wider community.
Who it suits: Likely first-time buyers looking for a turnkey property with a bit more land than typical infill homes, or young families wanting a newer home with outdoor space for kids or gardening. It also works for buyers who want to avoid older-home renovation costs but still want a yard that feels private and usable. It may be less suited to someone seeking a large estate lot or a deep suburban backyard, as the lot is still modest by city standards.
2. Frequently Asked Questions
1. How new is the home compared to others in the area?
Built in 2020, it is newer than almost all homes citywide — ranking in the top 3% of Winnipeg for construction year. On its street and in the community, it is right around the average, meaning the immediate area also has a mix of recent builds.
2. Is the lot really that much bigger than other properties on the street?
Yes. The lot is 2,869 sqft, which ranks 3rd out of 46 homes on Libra Street — in the top 7%. However, it is smaller than the average lot in the wider West Kildonan Industrial community, so it’s a case of being generous for the block but not oversized for the neighbourhood.
3. How does the assessed value compare to similar homes?
The assessed value of $379,000 is very close to the street and city averages, but significantly below the $443,000 average for the broader community. This means the home is priced modestly relative to its wider area, though it matches its immediate neighbours.
4. What does “top 29% citywide” for living area actually mean?
It means the 1,519 sqft floor plan is larger than 71% of homes across Winnipeg. It is slightly above average for the city, but right around average for Libra Street itself — so it’s a comfortably sized home without being oversized for its block.
5. Is this a good choice if I want a low-maintenance property?
Likely yes. The 2020 build year means the roof, mechanical systems, windows, and foundation are all recent. Newer homes typically require fewer immediate repairs. The lot is also manageable in size — big enough for outdoor use but not so large that upkeep becomes a burden.