136 Phoenix Way

Here is the summary of the property at 136 Phoenix Way.

Key Characteristics & Buyer Profile

This is a modern, entry-level home in a well-established Winnipeg neighborhood, built in 2019. Its strongest asset is its age—it ranks in the top 4% citywide for newer construction, which means less immediate maintenance and more modern building standards than the vast majority of homes in the city (average build year: 1966). The living area is 1,261 sqft, which is slightly below average for its street and neighborhood but right around the citywide norm. The assessed value of $351k is similarly positioned—slightly below comparable homes nearby, but very much in the middle of the pack for Winnipeg as a whole.

The lot is compact at 2,573 sqft, ranking in the bottom quarter citywide. This is a key trade-off. The appeal lies in getting a nearly new, move-in-ready home without paying a premium for a large yard or a highly sought-after street. It suits a buyer who prioritizes a low-maintenance, modern interior and a recent build over space, both indoors and outdoors. This could be a first-time homeowner, a downsizer, or someone who values efficiency and predictability over the character and larger lots often found in older neighborhoods. It’s a pragmatic choice: you’re trading square footage and land for the peace of mind that comes with a new roof, HVAC, and foundation.

FAQs

1. How does the property’s value compare to other homes on the street?
The assessed value of $351k is below the street average of $376.6k. The home is also slightly smaller than most on Phoenix Way. This suggests it may be one of the more affordable, entry-level options on this particular block.

2. The living area is “below average” for the neighborhood. Is it too small for a family?
It depends on how many people and what you’re used to. 1,261 sqft is right at the Winnipeg average for comparable homes. It’s a typical size for a 3-bedroom, 2-bathroom house. It won’t feel cramped, but it’s not spacious. It’s a tight fit for a large or growing family, but fine for a couple or a small family.

3. Why is the lot so small, and is that a problem?
The small lot (2,573 sqft) is typical of newer infill homes built on previously undeveloped or subdivided lots within older neighborhoods. It’s not a problem if you don’t want a large yard to maintain. However, if you want a big garden, a workshop, or space for kids to run, this property would feel restrictive.

4. The “Elite” ranking for year built sounds impressive. What does that actually mean?
It means this home is significantly newer than the vast majority of housing stock. In practical terms, you are far less likely to face major immediate repairs like a new roof, furnace, or foundation work. The home also likely has better insulation, windows, and electrical systems. It’s a strong indicator of low short-term maintenance costs.

5. The neighborhood is listed as “West Kildonan Industrial.” Is that an area people want to live in?
The “industrial” designation can be misleading. West Kildonan is a long-established, working-class area that is mostly residential, with some industrial pockets. This home is likely on a quieter street within that zone. It’s not a trendy or high-demand area, but it’s convenient, well-serviced, and offers more affordable entry than many other parts of the city. It suits a buyer more interested in value and practicality than prestige.