209 North Point Boulevard – Property Summary
Key Characteristics & Buyer Profile
This 1,309-square-foot home built in 2019 sits on a 2,030-square-foot lot in Winnipeg’s West Kildonan Industrial area. Its main selling point is its age: built well within the last decade, it ranks in the top 4% citywide for newer construction, where the average home was built in 1966. That makes it a strong option for buyers who want a relatively modern structure without paying for a brand-new build premium.
The living area is slightly below the street and neighborhood averages, but it lands right around the citywide norm—meaning the home isn’t cramped, but it’s not oversized either. The lot is notably small, even by city standards (bottom 1% citywide). This isn’t a property for someone needing a large yard or garden space.
The assessed value sits below both the street and neighborhood medians, which may appeal to buyers looking for a lower tax base relative to newer or larger nearby homes. However, the value aligns near the citywide average, suggesting the price isn’t a bargain—just proportionate.
Best suited for: A first-time buyer, a small family, or someone downsizing who prioritizes a newer build and lower maintenance (indoor and outdoor) over square footage or a big lot. Not ideal for investors focused on land value or renovators looking for upside in lot size.
Five Possible FAQs
1. How does the home’s age compare to other properties nearby?
The home was built in 2019, which is newer than the street average (2022) and neighborhood average (2021) by a few years, but dramatically newer than the citywide average of 1966. It ranks in the top 4% of Winnipeg for construction year.
2. Is the small lot a problem for resale?
It depends on the buyer pool. Lots under 2,100 sq ft are rare in Winnipeg (bottom 1%), which can limit appeal to families wanting outdoor space. However, homes with minimal yard work often attract buyers in denser or more urban areas, or those prioritizing interior condition over land.
3. Why is the assessed value below the street and neighborhood averages?
The assessed value ($325,000) reflects the smaller living area and lot size compared to nearby homes. The street average is $375,400, and the neighborhood average is $442,900. While the home is newer, its compact footprint keeps the valuation lower than larger, older properties in the area.
4. What’s the neighborhood like in terms of development?
West Kildonan Industrial is a mixed-area zone—some residential, some light industrial. Homes here tend to be newer than the city average, but the area’s lower rank for assessed value (top 97% below neighborhood average) suggests it’s not a high-end market. Buyers should check proximity to commercial or industrial uses that may affect noise or traffic.
5. How does the living area compare to a typical Winnipeg home?
At 1,309 sq ft, it’s slightly below the citywide average for comparable homes (1,342 sq ft), but well within the typical range. It’s not unusually small—just modest. Buyers coming from older Winnipeg homes (which often exceed 1,500 sq ft) may find it compact, while those from newer infill builds will find it familiar.