19 Skylark Lane – Property Summary

Key Characteristics & Buyer Profile

This is a newer-build single-family home in the Rosser-Old Kildonan area of Winnipeg. The property has an assessed value of $120,000, which sits well below both the street average ($478,000) and the neighbourhood average ($545,000). The living area comes in at 1,492 sq ft — larger than the citywide average (1,342 sq ft) but below the neighbourhood norm of 1,702 sq ft. The lot is 2,771 sq ft, which is notably smaller than what’s typical for the area (where lots average nearly 30,000 sq ft).

The appeal here is affordability relative to the surrounding community. This is not a house that competes on size or land, but its relatively recent construction date (the data shows an average build year of 2025 for the street, suggesting the home is brand new or nearly so) means it offers modern finishes, building standards, and energy efficiency that older homes in the area cannot match. Buyers get a new build without the premium price tag often associated with newer construction in established neighbourhoods.

This property would best suit a first-time homebuyer looking for a move-in-ready home in a mature community, or someone downsizing from a larger property who no longer wants the upkeep of a big lot. It may also appeal to an investor seeking a low-entry-cost newer property in an area where surrounding home values are significantly higher.

Frequently Asked Questions

1. Why is the assessed value so much lower than the neighbourhood average?
The $120,000 assessment likely reflects the property’s small land size and possibly a more modest finished square footage compared to the larger, older homes that dominate Rosser-Old Kildonan. New construction can sometimes be assessed conservatively in the first year or two, especially if the home was built as an infill on a smaller lot.

2. Does a “newer build” in this data mean the house was actually built in 2025?
The street-level average shows a 2025 build year, which strongly suggests this home is either brand new or recently completed. The neighbourhood average of 2013 and citywide average of 1966 confirm this is one of the newer homes in its immediate area.

3. How does a 2,771 sq ft lot compare to what’s typical in the area?
It is significantly smaller. The Rosser-Old Kildonan area averages nearly 30,000 sq ft per lot, so this property occupies roughly one-tenth the land of a typical neighbour. This is a key difference and explains much of the price gap.

4. Is a lower assessment a good or bad thing for a buyer?
It depends on your priorities. A lower assessment means lower property taxes, which helps with monthly carrying costs. On the other hand, it may also reflect limited upside in terms of land value appreciation, since the lot is small and unlikely to be subdivided.

5. What does “ranked 192,129 out of 194,458 citywide” mean for the assessed value?
It means this property falls in the bottom 1% of all Winnipeg homes by assessed value. In plain terms, this is one of the most affordable properties in the entire city — a rare position for a newly built home.