Key Characteristics & Appeal
This 2020-built home at 122 Orion Crescent offers 1,565 square feet of living space on a 4,197 square foot lot. Its strongest asset is the build year — among the newest 3% of homes citywide in Winnipeg, putting it well ahead of the city’s average construction year of 1966. The property sits at a useful middle ground: the living space is slightly smaller than its immediate street neighbours but above the city average, and its assessed value ($450,000) is close to the community norm while staying below the pricier homes on the same street.
The appeal lies in getting a nearly new home in an established area without paying a premium for the street’s top-tier valuations. Buyers who want modern construction, lower maintenance, and energy efficiency — but aren’t looking for the largest house on the block — will find this realistic. It suits first-time buyers moving up, small families, or anyone wanting a newer build in a neighbourhood where most homes are decades older. The land is modest, which may appeal to those who prefer less yard work.
Five Possible FAQs
1. How does this home’s size compare to others nearby?
On Orion Crescent, it’s smaller than average (1,812 sqft average on the street), but within the West Kildonan Industrial community, it’s close to the norm (1,591 sqft average). Citywide, it’s above the average (1,342 sqft), so it’s not cramped — just not the largest option on its street.
2. Is the assessed value of $450,000 reasonable?
The assessment sits below the street average ($522,000) but slightly above the community average ($443,000) and city average ($390,000). This suggests the home is priced in line with its newer construction and location, without the premium some street neighbours carry.
3. How old is the house, and why does that matter?
Built in 2020, it ranks in the top 3% citywide for newness. Most Winnipeg homes average 1966 construction, so this property offers modern building standards, better insulation, and likely fewer immediate repair needs than older stock.
4. What’s the lot size, and is it a drawback?
At 4,197 sqft, the lot is below the street average (4,976 sqft) and city average (6,570 sqft). It’s actually close to the community average (3,839 sqft), so it’s typical for the area. If you want a large yard, this might feel tight; if you prefer manageable outdoor space, it’s a plus.
5. How does this home rank in its neighbourhood overall?
It’s a balanced property. Living space is mid-range in the community (top 40%), build year is exceptional, and assessed value is near average (top 47%). It’s not the standout on every metric, but it’s solid where it counts for a newer home.