219 Phoenix Way

219 Phoenix Way – Property Summary

Key Characteristics & Buyer Profile

This home is a 2019 build with 1,400 square feet of living space and a 2,738-square-foot lot, assessed at $410,000. Its standout feature is how it ranks relative to others on the same street: it’s the newest home on Phoenix Way (top 1%) and sits in the top 5% for assessed value there, despite being around average in size. That gap between value ranking and size ranking suggests the property benefits from modern finishes or a desirable layout, not just square footage.

The lot is on the smaller side citywide (bottom 8%), which is typical for newer infill homes in established neighbourhoods. The living area is also slightly under the neighbourhood average of 1,591 square feet, but outperforms the citywide average of 1,342 square feet. So you’re getting a newer, well-valued home in a compact footprint.

This property would suit buyers who prioritize a move-in-ready, low-upkeep newer home over a large yard. It’s a strong fit for first-time buyers, downsizers, or anyone looking for a modern home in a central Winnipeg location without paying a premium for extra land. The assessed value being high for the street but mid-range for the neighbourhood also indicates it may be one of the more affordable newer options in West Kildonan Industrial.

Five Frequently Asked Questions

1. Is this property priced in line with other homes on the street?
Yes—based on assessed value, it ranks in the top 5% on Phoenix Way, but the street average ($376.6K) is lower than the neighbourhood average ($442.9K). So it’s on the higher end for the street, but still below the broader neighbourhood median. Buyers should confirm current list price, but the data suggests it’s not an outlier.

2. How does the living space compare to other newer homes in the area?
At 1,400 square feet, it’s slightly smaller than the typical newer home in West Kildonan Industrial (average 1,591 sq ft). That said, it’s larger than the average Winnipeg home (1,342 sq ft). If you’re used to older bungalows or smaller condos, this should feel generous.

3. What is the trade-off with the small lot size?
The land area is below average at every level—street, neighbourhood, and city. That means this is a low-yard-maintenance property. For someone who doesn’t want to spend weekends mowing or gardening, it’s a plus. But if you value outdoor space or plan to expand the home later, you’ll feel the constraint.

4. How do I know this property will hold its value?
Being the newest home on the street (2019) and ranking high for assessed value locally are positive signs. Newer construction typically requires fewer major repairs in the near term, which can help with resale appeal. However, the small lot may limit future appreciation compared to properties with more land, especially if the neighbourhood trend shifts toward larger homes.

5. Can I see how this property compares to nearby houses in more detail?
Yes—there is a neighbourhood analysis map available that lets you compare year built, living area, assessed value, and lot size for homes around 219 Phoenix Way. This is useful for understanding whether the rankings reflect an unusual pocket or a broader trend. You can access it through the “Open neighbourhood map analysis” link on the original listing page.