54 Orion Crescent – Property Summary
Key Characteristics & Buyer Profile
This 2021-built home on Orion Crescent offers 1,579 sq ft of living space on a 3,902 sq ft lot. Its appeal lies in being newer than most homes in the area—nearly 98% of properties city-wide are older—while sitting at a price point that’s above the Winnipeg average but below many homes on the same street. The living space is slightly smaller than the street average but beats the city norm, and the lot is modest compared to both local and citywide averages.
The property would suit buyers who value a recent build and modern efficiency over a large yard or maximum square footage. It’s also a good fit for someone looking for a home that’s priced fairly within its neighborhood but still offers newer construction relative to the broader market—something often hard to find at this assessed value. These trade-offs make it a practical choice for a first-time buyer or a downsizer who wants less maintenance without sacrificing a contemporary floor plan.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
The 1,579 sq ft footprint is below the street average (1,812 sq ft) and ranks in the bottom quarter of Orion Crescent. However, it’s close to the neighborhood average (1,591 sq ft) and above the citywide average (1,342 sq ft), so it’s not small for the area—just smaller than the largest homes on this particular street.
2. Is the assessed value fair for what you get?
At $458,000, this home is assessed above the neighborhood average ($443,000) and the city average ($390,000), but below the street average ($522,000). The value reflects the newer construction year rather than extra square footage or a large lot, so it’s reasonable if you prioritize age over size.
3. How does the lot size affect usability or yard work?
The 3,902 sq ft lot is smaller than both the street and city averages, which means less outdoor maintenance—a plus if you don’t want a big garden or large lawn. It’s fairly typical for the immediate neighborhood, so you won’t stand out as having an unusually tight yard.
4. What makes the construction year stand out in this market?
Built in 2021, this home ranks in the top 2% city-wide for newness, while the average Winnipeg home was built in 1966. That’s the strongest selling point here: you’re getting modern building standards, likely better insulation and systems, without needing to pay the premium often attached to brand-new builds in pricier streets.
5. How does this property compare to others on the street overall?
On Orion Crescent, this home is newer than most, but smaller in both living and land area, and priced below the street average. It’s a trade-off: you get a more recent build and a lower entry price than many neighbors, but you sacrifice some space both indoors and out.