1–21 Lynx Street – Property Summary

Key Characteristics & Buyer Fit

This home offers 1,354 square feet of living space and was built in 2023, making it one of the newest properties on Lynx Street and in the wider West Kildonan Industrial area. Within its immediate street, it ranks first for size and build year, but the property sits on a relatively compact 1,912 sqft lot—smaller than the neighbourhood average and well below the city norm. The assessed value is $372,000, landing close to the street average but below the community median of $443,000.

The property's primary appeal lies in its modern construction and efficient use of indoor space. Buyers get a newer home without the typical wait or custom build timelines, and the interior square footage is competitive citywide. Location-wise, the street performs well for its size and age rankings, though the surrounding area (West Kildonan Industrial) tends to have larger homes on bigger lots.

This property would suit buyers who prioritize a move-in-ready, low-maintenance home with up-to-date construction and aren't as concerned about having a large yard or lot. It's a strong fit for first-time homeowners, downsizers, or investors looking for a newer asset in an established neighborhood. The trade-off is clear: modern interior space in exchange for a smaller land footprint.

Frequently Asked Questions

1. How does the property's size compare to other homes in the area?
The living area of 1,354 sqft is slightly above the street average and on par with the citywide average, but it's below the West Kildonan Industrial community average of 1,591 sqft. The lot size is notably smaller than both the neighbourhood and city averages.

2. Is the assessed value in line with similar properties?
The assessed value of $372,000 is slightly above the Lynx Street average but well below the community average of $443,000. Citywide, it's close to the median. This suggests the home is priced competitively relative to the broader area, though larger properties in the neighbourhood carry higher valuations.

3. Why is the lot size so much smaller than the community average?
The community average includes older, detached homes on larger plots. This property is a newer build, likely part of an infill or denser development pattern. For buyers used to suburban lot sizes, this will feel compact—but for those seeking less outdoor upkeep, it's a trade-off worth noting.

4. How does the build year affect long-term value or maintenance?
Built in 2023, the home ranks in the top 1% citywide for age. This means modern building codes, better energy efficiency, and likely fewer immediate maintenance concerns. However, newer construction in older neighborhoods can sometimes feel out of character—something to consider if resale or neighborhood cohesion matters.

5. What kind of buyer typically looks at this property?
Buyers who want a newer home without paying a premium for a large lot. That includes young professionals, small families, or investors focused on rental income with lower upkeep. It's less suited for buyers seeking a traditional family home with a big backyard or those who value outdoor space over interior square footage.