120 Phoenix Way – Property Summary

1. Key Characteristics and Buyer Profile

This is a 2019-built home with 1,346 square feet of living space on a 2,573-square-foot lot. What stands out most is the construction year: it’s tied for the newest home on Phoenix Way (top 1% on the street) and sits in the top 4% city-wide in Winnipeg. In a market where the average city home was built in 1966, that matters.

The living space is slightly below average for the street and the surrounding West Kildonan Industrial neighbourhood, but right around the city norm. The lot is notably compact — smaller than most on the street, in the neighbourhood, and especially compared to Winnipeg as a whole. The assessed value reflects that: at $366,000, it’s below both the street and neighbourhood averages, though roughly in line with the city median.

Appeal lies in the trade-off: a newer, low-maintenance home on a smaller lot in an established area, with a tax assessment that’s reasonable by city standards. This property suits buyers who prioritize a modern build and want to avoid the upkeep, space demands, and older systems typical of Winnipeg’s post-war housing. It’s less suited to anyone looking for a large yard, generous interior square footage, or a high-assessment prestige address.

2. Frequently Asked Questions

1. How does this property compare to others on the street?
It’s the newest home on Phoenix Way, but the living area and lot size rank in the lower third of the 78 properties assessed. The assessed price sits in the bottom quarter. So you’re buying the newest home, but not the largest or most expensive on the street.

2. Is the lot size a concern?
At 2,573 square feet, the lot is well below the city median of 6,570 square feet. It’s also small for the neighbourhood. That’s typical for newer infill builds: you get a modern home, but you trade yard space. If you want a big garden or room to expand, this isn’t it.

3. How does the assessed value affect property taxes?
The $366,000 assessed value is close to the city average of $390,000 and well below the neighbourhood average of $443,000. This suggests annual taxes are likely manageable relative to other homes in West Kildonan Industrial, but you should still confirm the current mill rate to get an exact figure.

4. Is the living space adequate for a family?
At 1,346 square feet, it’s a comfortable size for a small family or couple, but below the average for both the street (1,430) and neighbourhood (1,591). It’s right at the city norm (1,342). So it’s not cramped, but it’s not generous either — standard for a newer build.

5. What does “top 4% city-wide for build year” actually mean?
It means only about 7,000 homes out of nearly 195,000 in Winnipeg are newer than this one. In practical terms, you’ll likely face fewer major repairs in the near future — roof, furnace, windows, foundation — compared to the vast majority of city properties. That’s the main advantage here.