79 Phoenix Way – Property Summary
Key Characteristics & Buyer Profile
This is a 2019-built home with 1,548 sq ft of living space and a 3,149 sq ft lot. It sits in a strong position on its street—third out of 78 homes for living area (top 4%) and first for build year (top 1%). That newness is a real standout: the average home citywide was built in 1966, so this property offers modern construction and systems without the premium of a brand-new development.
The assessed value is $390,000, which is slightly above the street average ($377,000) but well below the broader community average ($443,000). That means the home is priced competitively for its immediate surroundings, while being newer than most of what’s nearby. The lot is on the small side for the area and well below city average, but that’s typical for newer infill properties in established neighbourhoods.
The appeal here is straightforward: you get a newer, move-in-ready home in a stable street without paying a neighbourhood premium. It suits buyers who prioritize low maintenance and modern finish over large yards or older character homes. It may also work well for someone looking to avoid the noise and delays of new subdivisions while still getting a recent build. Less obviously, the combination of a top-tier street ranking for size and a below-community-average price could indicate a property that’s slightly undervalued relative to its immediate neighbours—worth a closer look for value-conscious buyers.
Frequently Asked Questions
1. How does the property’s size compare to other homes nearby?
It’s one of the larger homes on Phoenix Way, ranking 3rd out of 78. Within the broader West Kildonan Industrial community, it’s closer to average (45th percentile), so the size advantage is most noticeable right on the street.
2. Is this a new build or a recently renovated older home?
It was built in 2019, so it’s a relatively new construction, not a renovation. That puts it in the newest 4% citywide.
3. Why is the assessed value lower than the community average?
The community average of $443,000 includes a wider mix of older and possibly larger homes. This property’s value is $390,000, which aligns closely with the street average and the citywide average. The community figure is pulled upward by higher-value properties elsewhere in West Kildonan Industrial.
4. Is the lot size a concern?
At 3,149 sq ft, it’s typical for the street but smaller than the community and city averages. If you’re looking for a large yard or expansion space, this may not suit. But if you want a manageable outdoor area with less upkeep, it’s in line with what many newer homes offer.
5. Who would this home be a good fit for?
First-time buyers, downsizers, or anyone wanting a modern, efficient home without the wait or premium of a new subdivision. It’s also worth considering for investors—given its street-level size advantage and newer build, it may hold value well relative to older stock in the area.