11 Phoenix Way – Property Summary
Key Characteristics & Buyer Profile
This 2018-built home on Phoenix Way offers a living area of 1,516 sqft on a 3,150 sqft lot. It sits in Winnipeg’s West Kildonan Industrial area, and its assessed value is $377,000.
Where this property stands out is its build year. It's in the top 4% city-wide for construction date—meaning it’s newer than 96% of homes across Winnipeg. The lot is larger than average for its own street (top 14%), but relatively compact compared to the city overall, which is typical for newer infill or subdivision builds. The living space is above average on the street and city-wide, but sits near the middle of the community, reflecting the mixed age and size of homes in the area.
The assessed value is closely aligned with the street average and slightly below the city median. This suggests a price point that could appeal to buyers looking for a modern, move-in-ready home without paying a premium for square footage or oversized land.
Who it suits: Buyers who prioritize a newer build and lower maintenance over a large yard. It may appeal to first-time homeowners, downsizers, or investors looking for a relatively recent construction in an established neighbourhood. The home’s age and size also make it a solid option for those who want a more modern floor plan without the price tag of a custom build. Less obvious: because the lot is modest, it may also suit someone who values garage or storage space over gardening—worth checking the site layout.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
On its street, the home is above average for living area (top 22%) and lot size (top 14%). Within the wider West Kildonan Industrial community, both living and lot sizes are close to the average, so it doesn't stand out much beyond its immediate street.
2. Why is the assessed value close to the street average but below the community average?
The street average ($377,000) matches this home’s assessed value exactly. The community average is higher ($443,000), likely because the neighbourhood includes older, larger homes or properties with bigger lots. This home’s newer construction and smaller land keep its value closer to the street level.
3. Is a 2018 build considered old in this area?
In the immediate community, the average build year is 2021, so it's slightly older than some neighbours. City-wide, however, the average is 1966, so this home is very new by Winnipeg standards. On its street, the average is 2019, putting it right in the middle.
4. Does the smaller lot size affect resale value?
In a city where the average lot is over 6,500 sqft, a 3,150 sqft lot is on the smaller side. That can limit appeal for buyers wanting garden space or room for additions. However, it also means less yard maintenance and often a lower purchase price—factors that attract a different set of buyers.
5. What’s the neighbourhood like in terms of amenities?
West Kildonan Industrial is primarily a mixed residential and light industrial area. While the name might raise questions, the area includes established homes, parks, and access to major routes. It tends to offer more value per square foot than central or newer suburban developments, but buyers should check proximity to schools, shopping, and transit to see if it fits their daily needs.