159 Phoenix Way – Property Summary
Key Characteristics & Buyer Profile
This is a 2018-built home with 1,518 sq ft of living space on a 2,738 sq ft lot, located on Phoenix Way in Winnipeg’s West Kildonan Industrial area. Its living area ranks among the top 17% on the street and top 29% citywide, meaning it offers more interior space than most comparable homes across Winnipeg. The build year places it in the top 4% of all homes in the city, which is notable in a market where the average home was built in 1966.
The assessed value of $373,000 sits close to the street average and below both the neighbourhood and city averages, suggesting a relatively moderate tax base for a newer, larger-than-average home. The lot is smaller than typical—ranking in the bottom 8% citywide—which is common for infill or newer subdivisions where land is more constrained.
The property’s appeal lies in the balance of a recent build and generous interior square footage, without the premium tax assessment often attached to newer homes in pricier pockets of the city. It would suit buyers who prioritize modern construction, energy efficiency, and interior livability over outdoor space or a large yard. First-time buyers, downsizers, or small families looking for a move-in-ready home with lower maintenance land and predictable utility costs may find this a practical fit. It’s less suited to buyers seeking a large lot, a quiet cul-de-sac, or a home in a neighbourhood with newer average build years.
Frequently Asked Questions
1. How does the property compare to others in the same neighbourhood?
It’s slightly below the neighbourhood average for living area (1,518 vs. 1,591 sq ft) and assessed value ($373K vs. $443K). Its build year is older than the neighbourhood average (2018 vs. 2021), which reflects that West Kildonan Industrial has a concentration of very recent builds. The lot is also smaller than the neighbourhood norm (2,738 vs. 3,839 sq ft).
2. Why is the assessed value lower than the neighbourhood average despite being a newer home?
Assessed value reflects market conditions and comparable sales at the time of assessment. In this case, the value aligns closely with street-level data and sits below the wider community average, likely because the immediate street has a mix of older and newer homes with more moderate values, while the broader neighbourhood includes higher-priced newer developments.
3. What does the “ranking” system actually mean for a buyer?
It shows where this property falls relative to others in three circles: the same street, the same neighbourhood, and the entire city. A lower ranking number (or a higher percentile) indicates a stronger position for that metric. For example, ranking 8,419th out of 194,458 citywide for build year means this home is newer than about 96% of all homes in Winnipeg—a strong selling point for modern finishes and lower maintenance.
4. Is the small lot a drawback or a feature?
It depends on your lifestyle. A smaller lot typically means less yard work, lower water and landscaping costs, and often a more compact, efficient floor plan. It also keeps the home’s footprint closer to the street, which can feel more urban. For buyers who value garden space, privacy, or a large backyard, the lot may feel restrictive.
5. What nearby amenities or infrastructure should a potential buyer consider?
This information is not directly provided in the data, but the location is in an area with a mix of residential and industrial zoning, which may influence noise, traffic, and surrounding land use. Buyers should visit the street at different times of day, consider proximity to schools, transit, and shopping, and review the surrounding property types using a map-based analysis tool for a clearer picture.