95 Phoenix Way – Property Summary
Key Characteristics & Buyer Profile
This is a 2019-built home with a 1,492 sqft living area on a 6,154 sqft lot. Where it stands out most is the land and the build year. The lot is substantially larger than average for its street (ranked #2 of 78, top 3%) and well above the typical size in the surrounding West Kildonan Industrial area. The home itself is also notably new, ranking #1 on its street and in the top 4% citywide, meaning it’s one of the newest builds in a market where the average comparable home dates to 1966.
The assessed value of $396k sits above the street average ($376.6k) but below the neighborhood average ($442.9k), which suggests the property offers newer construction and a generous lot at a price that doesn’t fully reflect the premium you might expect for these features relative to the immediate area.
The appeal here is for buyers who want a newer, move-in-ready home with more outdoor space than typical infill lots provide, in a neighborhood where older, smaller lots are the norm. It would suit someone who values a low-maintenance newer structure but doesn’t need a huge interior footprint. The lot size is practical for gardening, small workshops, or family use, and the home’s age means fewer immediate repairs or upgrades. It’s also a good fit for buyers who want a strong ranking in year-built for resale value—newer builds in older neighborhoods often hold appeal.
Frequently Asked Questions
1. How does this home compare to others on the same street?
It ranks #1 for year built (top 1%), #2 for lot size (top 3%), and #11 for assessed value (top 14%) out of 78 comparable homes. It’s among the newest and largest-lot properties on Phoenix Way.
2. Is the living area small for a newer home?
At 1,492 sqft, it’s right around the street average (1,430 sqft) and the citywide average for comparable homes (1,342 sqft). It’s not oversized, but it’s standard for a modern build. The lot gives you outdoor flexibility that a smaller interior might not.
3. Why is the assessed value lower than the neighborhood average if the home is newer?
The neighborhood average ($442.9k) includes homes across West Kildonan Industrial, many of which are larger in living area or in higher-value pockets. This home’s street-level value is actually above average ($376.6k vs. $376.6k street average), so the gap is likely due to location or size variation within the district, not the property itself.
4. What does “top 4%” for year built mean citywide?
Out of nearly 200,000 comparable properties across Winnipeg, this home is newer than roughly 96% of them. That’s a strong indicator of modern construction standards, insulation, and likely lower immediate maintenance costs.
5. Why doesn’t the lot rank higher citywide if it’s large for the street?
Citywide, the average lot size for comparable homes is 6,570 sqft—slightly larger than this lot’s 6,154 sqft. So while the lot is elite for its street and above average for the neighborhood, it’s a bit below the city average. The ranking still puts it in the top 28% citywide, which is solid.