Here is a clean, standalone summary of 53 Orion Crescent, written for direct display on a webpage.
Property Summary: 53 Orion Crescent
Key Characteristics & Buyer Profile
This is a relatively new home (built in 2021) that stands out most clearly for its size and assessed value relative to its surroundings. The living area of 1,889 sqft places it in the top 29% on its street and the top 14% citywide, meaning it offers noticeably more interior space than the typical Winnipeg home. The assessed value of $618k is even more striking—ranking in the top 9% on Orion Crescent and the top 4% in the West Kildonan Industrial neighbourhood. This suggests a property that has appreciated well or was built to a higher standard than much of the surrounding stock.
The lot is a point of balance. At 4,361 sqft, it is around the neighbourhood average but smaller than the typical citywide lot. This is common for newer infill builds: you get a modern, efficient floor plan on a manageable piece of land rather than a sprawling yard.
Where the appeal lies: The home offers a "best of both worlds" scenario—a contemporary build with generous square footage, situated in a neighbourhood where most homes are older and smaller. The value is concentrated in the house itself, not the land. This makes it a strong option for someone who prioritizes modern finishes, lower maintenance, and immediate livable space over a large private yard.
Suitable buyers: This property would suit a family or professional looking for a move-in-ready home with strong resale potential. It’s less suited for a buyer seeking a large lot for gardening, workshops, or future expansion, or for someone on a tighter budget who is willing to trade square footage for a lower purchase price.
Frequently Asked Questions
1. How does the property’s age compare to others in the area?
Exceptionally well. The home was built in 2021, ranking in the top 2% citywide for newer construction. On its own street, it’s in the top 18%, meaning most nearby homes are older.
2. Is the assessed value of $618k considered high for this neighbourhood?
Yes. The property ranks in the top 4% of its neighbourhood by assessed value, and the average assessment in West Kildonan Industrial is roughly $443k. This indicates the home is a significant outlier in terms of value and likely finishes.
3. How does the lot size compare to similar homes?
The lot is 4,361 sqft, which is slightly below the street average (4,976 sqft) and below the citywide average (6,570 sqft). It is, however, slightly above the neighbourhood average of 3,839 sqft. In short, it’s a compact but not unusually small lot for the immediate area.
4. What does the ranking data tell me about resale potential?
The data suggests strong and consistent demand. The home ranks highly across all key metrics (size, value, age) at the street, neighbourhood, and city levels. This kind of profile typically holds value well because it appeals to a broad range of buyers who want a modern, spacious home without the compromises of older properties.
5. Is this property a “teardown” or a “keeper”?
All signs point to a keeper. It’s only a few years old, already assessed well above its neighbours, and offers above-average living space. It lacks the characteristics of a teardown (small lot, old construction, below-average value). The investment here is clearly in the building, not the land.