138 Orion Crescent, Winnipeg
Property Overview
This 1,545 sq ft home, built in 2021, sits on a 4,198 sq ft lot in the West Kildonan Industrial neighbourhood. On its own street, the property falls on the smaller and lower-value side—ranked 98th out of 107 homes for living area and 99th out of 107 for assessed value. But that picture shifts when you zoom out. Against the wider city, it lands in the top 28% for both living area and assessed value, suggesting the street itself is an unusually strong pocket. The home’s newness is its standout feature: built in 2021, it’s among the newest 2% of homes citywide (ranked 4,130 out of 194,458). Lot size is modest by city standards (top 71%), but typical for the neighbourhood.
The appeal here is a newer home in an older, established area, without paying a premium for the street’s highest end. Buyers who want modern construction—low maintenance, efficient systems, contemporary finishes—without being in a brand-new subdivision will find it practical. It also suits those who prioritize build date over lot size, or who see value in owning a property that ranks above average citywide but below the street average, potentially offering more room for appreciation. It’s less suited for buyers seeking a large yard or a standout interior footprint on the block.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
On Orion Crescent, the assessed value of $452,000 is below the street average of $522,200, putting it in the bottom 7% of homes there. But compared to the broader West Kildonan Industrial neighbourhood (average $442,900) and Winnipeg as a whole (average $390,100), it’s around average to above average. The property is priced in line with the neighbourhood but lower than the street’s top tier.
2. Is the lot size considered small or typical for the area?
It’s in the middle range. The 4,198 sq ft lot is smaller than the street average of 4,976 sq ft, but larger than the neighbourhood average of 3,839 sq ft. Citywide, it’s on the smaller side—Winnipeg’s average lot size is 6,570 sq ft. Think of it as a comfortable, manageable yard rather than a sprawling one.
3. Why is the home ranked so high citywide for year built?
Only 2% of homes in Winnipeg are newer than 2021. The city’s average home was built in 1966, so a 2021 construction is exceptionally recent. That means modern building codes, likely better insulation, updated mechanicals, and less deferred maintenance compared to most properties on the market.
4. Does “below average” on the street mean it’s a poor investment?
Not necessarily. The street itself has some of the largest and highest-value homes in the area. Being below that specific benchmark just means you’re not buying the most expensive house on the block—which can actually be a strategic position. The property still sits above the city average in value and size, and its newer construction may require fewer immediate repairs, keeping holding costs lower.
5. How does this home compare to others in West Kildonan Industrial overall?
Within the neighbourhood, this home is around average for living area (ranked 299 out of 664), assessed value (304 out of 664), and lot size (254 out of 664). Its year built is above average (191 out of 664). So it’s a fairly typical neighbourhood home, just noticeably newer. The main difference buyers will notice is that it’s not one of the larger or higher-valued homes on its own street, which may be a plus for those wanting less of a premium.