Key Characteristics and Buyer Profile
This 2019-built property on Phoenix Way in Winnipeg’s West Kildonan Industrial area offers 1,213 sq. ft. of living space on a 2,573 sq. ft. lot. Its standout feature is the construction year: it’s the newest home on its street and among the top 4% newest properties citywide. This gives it a clean, modern build with no deferred maintenance compared to older stock.
The appeal here is about avoiding compromise. You get a recently built home without the premium price tag that usually comes with new construction. The assessed value ($354,000) is below both the street and community averages, and while the living and land sizes are smaller than typical for the area, they are very close to the citywide average. That means the space is efficient and market-typical, not cramped.
This property suits buyers who prioritize a newer, low-maintenance home and want to avoid overpaying for extra square footage or a large lot they may not need. First-time buyers, downsizers, or anyone looking for a solid entry into a well-established neighborhood will find it practical. The trade-off is clear: you sacrifice some land and interior space for a newer structure at a below-average price point—a balance that often goes unnoticed in listings focused solely on size.
Frequently Asked Questions
1. How does the property’s small lot affect its value or livability?
The lot is smaller than most on the street and in the community, but it’s very common for newer infill homes in this part of Winnipeg. Less land means less yard maintenance and lower outdoor upkeep costs. For buyers who prefer a manageable outdoor space rather than a large lawn, this is a benefit.
2. The assessed value is below average—does that mean the home is in a less desirable part of the neighborhood?
Not necessarily. The lower assessment reflects the smaller living area and land size, not a lower-quality location. The home is newer than 96% of properties on the same street, so the condition and construction are likely superior to older homes nearby that may have higher assessments due to larger size.
3. Is the living space (1,213 sq. ft.) enough for a family?
It depends. For a couple or a small family with one or two children, this is a comfortable, functional layout. It’s smaller than the average home in the community (1,591 sq. ft.) but matches the citywide average closely. If you need multiple large bedrooms or an open-concept great room, this may feel tight. It excels as a starter home or a low-maintenance option.
4. How do property taxes compare to other newer homes in Winnipeg?
Taxes are based on the assessed value, so they are below the street and community averages. Because the home is newer, there is less risk of surprise increases from major repairs or outdated systems. This keeps ongoing carrying costs more predictable than an older, similarly priced home.
5. What is the neighborhood like for amenities and commute?
West Kildonan Industrial is a mixed-use area with good access to major routes and services. It’s not a high-density commercial zone, so you are close to essential shopping and transit without being in a busy corridor. Commute times to downtown are reasonable. The area has a mix of older and newer homes, so you get established neighbors and some newer construction like this one.