63 Mira Gate – Property Summary

Overview & Key Characteristics

This 1,327-square-foot home, built in 2021, sits on a 1,917-square-foot lot in Winnipeg’s West Kildonan Industrial area. Its strongest feature is how new it is—it ranks in the top 2% citywide for year built, meaning almost all comparable homes in Winnipeg are decades older. On its own street, Mira Gate, it’s the standout: ranked #1 for living area (top 3%) and #6 for assessed value (top 21%). That suggests this is one of the larger, more valuable homes on a street where most properties are slightly smaller and assessed lower.

The trade-off is land. The lot is below average at every level—street, neighbourhood, and city—which is typical of newer infill homes built on smaller parcels. You get a modern house, but not much yard. The assessed value ($359,000) sits above the street average but below the neighbourhood and citywide averages, reflecting a balance between the home’s newness and its compact footprint.

This property would suit buyers who prioritize a move-in-ready, low-maintenance home with contemporary construction standards, and who don’t need a large outdoor space. It’s less ideal for someone looking for a big lot, a fixer-upper, or a home in a neighbourhood with larger, older character homes.

Frequently Asked Questions

1. How does this home compare to others on Mira Gate?
It’s the largest home on the street by living area and one of the most recently built, with an assessed value slightly above the street average. In short, it’s a top-tier option within its immediate block.

2. Why is the assessed value below the neighbourhood average if the home is new?
The neighbourhood (West Kildonan Industrial) has a higher average assessed value ($442,900) partly because it includes older, larger homes on bigger lots. This property’s smaller lot brings its value down relative to the broader area, even though the building itself is newer.

3. Is a small lot a disadvantage?
It depends. For buyers wanting less outdoor upkeep or a more urban footprint, it’s a benefit. For families needing a large garden, room for a shed, or privacy from neighbours, it could feel tight. The lot is among the smallest citywide—this is a home designed for efficiency, not acreage.

4. What does “Top 2% citywide for year built” mean practically?
It means nearly all other comparable homes in Winnipeg were built much earlier—many in the 1960s or 70s. This home will likely have better insulation, modern mechanical systems, and fewer immediate renovation needs. It also means the property is relatively rare in a market dominated by older stock.

5. Is this home a good investment?
The property is well-positioned within its street but sits in a neighbourhood where it’s below average in size and value. Newer construction tends to hold value well, but the small lot limits land appreciation. It may be a solid choice for steady, moderate growth rather than a high-appreciation play.