31 Taurus Way

Property Summary: 31 Taurus Way

Key Characteristics & Ideal Buyer Profile

This is a 1,362 sqft home built in 2021 on a 5,299 sqft lot. Its standout feature is age: within the top 2% citywide for newer construction (average build year in Winnipeg is 1966). The assessed value of $444k sits above the city average ($390k) but below the street average ($534k), which suggests it’s one of the more modest homes on Taurus Way—a newer build among older, likely higher-value neighbours. Lot size is generous for the neighbourhood (top 11% in West Kildonan Industrial) but roughly average for the city.

The appeal here is efficiency and relative newness. Buyers get a very recent build with modern construction standards, without paying a premium for the street’s top-end finishes. The living area is below the street and neighbourhood averages, so this suits someone who prioritizes a newer home and a decent yard over maximum square footage. It would work well for first-time buyers wanting low maintenance, downsizers moving from an older larger home, or anyone who values energy efficiency and a roof that won’t need replacing soon. Location within the neighbourhood is solid—above average for lot size and build year, with assessment value sitting right at the neighbourhood norm.

Frequently Asked Questions

1. How does the living space compare to other homes nearby?
On Taurus Way, this home is the smallest by living area (ranked 39th out of 39). It’s also below average for the West Kildonan Industrial neighbourhood. But within the broader city, it’s roughly average for comparable homes. The trade-off is a newer build and a lot that’s larger than most neighbourhood properties.

2. What does “below average” on the street actually mean for resale value?
Being the lowest living area on a street of 39 homes means this property is an entry point into Taurus Way. If neighbouring homes are older but larger, or newer and larger, this one may appreciate more slowly relative to them—but it also costs less. The street average assessment is $534k; this one is $444k, reflecting both the smaller size and possibly fewer upgrades.

3. Is the lot large enough for additions or a garage?
At 5,299 sqft, the lot is above average for the neighbourhood (top 11%) but slightly below the city median. For a typical detached home, this allows for a modest backyard, a single or small double garage, and possibly a minor addition—but not a major expansion. Check local zoning and setback rules.

4. Why is the build year ranked so high citywide (top 2%) when the neighbourhood average is 2021?
Winnipeg’s housing stock is old—the citywide average for comparable homes is 1966. This home was built in 2021, placing it among the newest 2% of all comparable properties in the city. Even within a newer neighbourhood, it still ranks well (top 29% in West Kildonan Industrial).

5. How does the assessed value compare to what I might actually pay?
The assessed value ($444k) is an estimate used for property taxes, not a market price. It’s above the city average ($390k) but below the street average ($534k). In a competitive market, this home could sell above assessment—especially given its newness and the larger lot—but the smaller living area may keep it from reaching the street’s higher price points.