145 Orion Crescent

145 Orion Crescent – Property Summary

1. Key Characteristics & Buyer Profile

This is a 2022-built home with 1,265 sq ft of living space on a 7,149 sq ft lot. The assessed value is $547,000.

What stands out: The house is very new—among the newest on its street (top 2%) and in the top 1% citywide. The lot is also notably large: top 10% on the street and top 5% in the neighbourhood. Compared to other homes in West Kildonan Industrial, the assessed value is well above average, suggesting either a higher-quality build, premium finishes, or desirable location within that community.

Where the trade-offs are: The living space is below average for the street and the neighbourhood. At 1,265 sq ft, it's smaller than most nearby homes, which tend to be in the 1,600–1,800 sq ft range. Citywide, it's closer to the average, so the size is less of an outlier when viewed broadly.

Who it suits: Buyers who prioritize a newer home with low maintenance (exterior, systems, structure) and a generous yard over maximum interior square footage. It would appeal to someone who values modern construction standards, may want to customize or expand later, or simply prefers a newer layout and finishes. It may be less suited to buyers who need a lot of interior space right now or are looking for a character home in an older neighbourhood.

2. Five Possible FAQs

1. How does the living space compare to other homes nearby?
It's smaller than average. On this street, the average home is about 1,812 sq ft, and in West Kildonan Industrial, it's about 1,591 sq ft. Citywide, 1,265 sq ft is near the middle.

2. Is the assessed value typical for a home this new?
Yes, new builds often have higher assessments. This home sits well above the neighbourhood average ($547K vs. $443K) but is more in line with other newer homes on the street. It suggests the property is valued for its condition and lot, not just its size.

3. Why is the lot size significant?
A 7,149 sq ft lot gives more outdoor space than most properties in the area—almost double the neighbourhood average. That could mean room for a garden, shed, future addition, or simply more privacy between neighbours.

4. What does the "top 1% citywide" for construction year mean?
It means this home is newer than 99% of all residential properties in Winnipeg. Most homes in the city were built much earlier (the average is 1966). That's a strong indicator of modern insulation, building codes, and likely fewer immediate repairs.

5. How might the ranking data affect resale value?
The combination of a new build, large lot, and low interior square footage could create a niche resale market. Some buyers will pay a premium for the land and construction quality; others will see the home as overpriced per square foot. The strong neighbourhood assessment suggests the current valuation reflects the land and build more than the floor area alone.