98 Avior Drive: Property Summary
This newly built home in West Kildonan Industrial offers a balanced mix of above-average size, strong assessed value, and a very recent construction date. It sits on a slightly larger-than-average lot for the immediate area, and the overall numbers place it comfortably above the median in several key categories when compared across Winnipeg.
Key Characteristics & Buyer Profile
The property’s main appeal lies in its newness and its relative position within the local market. Built in 2024, it ranks among the newest homes both on its street and in the broader community. The living area of 1,587 square feet is close to the average for Avior Drive but sits comfortably above the city-wide average of 1,342 square feet. This means the home offers a modern floor plan without being oversized or unusual for the neighbourhood.
The assessed value of $500,000 aligns almost exactly with the street average, but is notably higher than both the community and city medians. This suggests the home is positioned within a slightly more valuable corridor, supported by its newer construction. The lot itself is a practical feature: at 4,723 square feet, it is larger than most in West Kildonan Industrial but smaller than the sprawling city-wide average. It offers more outdoor space than many newer infills, without the maintenance burden of a huge yard.
This property would suit buyers who want a turnkey, modern home in a established area, without paying a premium for a custom build or a speculative up-and-coming street. It is a strong fit for a family or couple looking for something new, efficiently sized, and well-valued relative to its neighbours. The numbers suggest a stable, mid-to-upper tier property rather than an outlier, which appeals to those seeking predictability over hype.
Frequently Asked Questions
1. How does the property’s size compare to similar homes nearby?
The living area is slightly below the street average of 1,708 sqft, but it is right in line with the community average of around 1,591 sqft. The lot size is a bit larger than both the street and community averages, which is a practical advantage for outdoor use.
2. Why is the assessed value higher than the community average?
The assessed value reflects the home’s new construction year (2024), which is significantly newer than the community’s average build year of 2021 and the city’s of 1966. Newer homes typically carry a higher valuation due to modern materials, systems, and design standards.
3. Is this considered a large lot by Winnipeg standards?
Not particularly. The lot is 4,723 sqft, which is larger than most in the immediate area but below the city-wide average of 6,570 sqft. It offers a comfortable middle ground: enough space for a garden or play area without being excessive.
4. How does this home rank in terms of age compared to other homes in the city?
It ranks in the top 1% of all properties in Winnipeg for newness. This means only about 128 out of nearly 200,000 homes are newer. It is essentially as close to a new build as you can find in an established neighbourhood.
5. Is the asking price in line with the assessed value?
The assessed value is $500,000, and the property sits at the top of the street’s price range. This suggests the asking price is well-supported by the local market data, rather than being speculative. Buyers can compare this directly to other homes on Avior Drive and nearby streets with similar assessments.