163 North Point Boulevard – Property Summary
Key Characteristics & Buyer Profile
This is a 2018-built home with 1,534 sq ft of living space and a 2,550 sq ft lot. Where it stands out most is in living area: on its own street, it ranks first out of 64 homes (top 2%), and city-wide it sits in the top 29% — meaning you get notably more interior space than most homes in Winnipeg, even if the lot is on the smaller side. The assessed value of $366,000 is slightly below the street average and well below the community average, which suggests the price may not fully reflect the interior square footage advantage.
The trade-off is land. The lot ranks in the bottom 6% city-wide, and the home itself is newer than the city average (built 2018 vs. 1966) but older than most on the same street, where many homes were built around 2022. So the appeal here is practical: a spacious, relatively modern interior on a compact lot, at a price that undercuts much of the surrounding area.
This property would suit buyers who prioritize indoor living space over yard size — families who need room inside but don’t want the upkeep of a large lot, or anyone looking for a newer home in a more established street without paying a premium for the newest build. It may also appeal to investors or first-time buyers who see value in the size-to-price ratio relative to the neighbourhood.
Frequently Asked Questions
1. How does the property's size compare to others nearby?
On its street, this home has the largest living area of any property. In the wider West Kildonan Industrial community, it’s slightly below average for living space, but still competitive. The lot is smaller than most in both the community and the city.
2. Why is the assessed value lower than the community average?
The assessed value of $366,000 is about 17% below the community average of $443,000. This likely reflects the smaller lot size and the fact that the home is slightly older than the newer builds on the same street, even though it’s still relatively modern by city standards.
3. Is the home considered new or old?
Built in 2018, it’s newer than 96% of homes across Winnipeg. But on North Point Boulevard, where the average build year is 2022, it’s among the older homes. So it depends on your reference point — very new city-wide, but mid-range for the immediate street.
4. What are the main downsides to be aware of?
The lot is small — 2,550 sq ft — which ranks in the bottom 6% city-wide. If outdoor space, gardening, or expansion potential matters, this property may feel tight. Also, the home’s build year is below the street average, so neighbours’ homes may look noticeably newer.
5. Who would this property not suit?
Anyone looking for a large yard, a very new build, or a home in a top-tier assessed value bracket within the community. It’s not a prestige property on the street — it’s a practical, space-efficient home that delivers more interior room than most, but in a compact package.