Key Characteristics & Appeal

This is a 2023-built home with 1,354 sq ft of living space on a 1,912 sq ft lot. Its strongest asset is its age—it’s among the newest properties in the city, ranking in the top 1% of Winnipeg homes by build year. The living space is slightly above average for its street (ranking 1st out of 16) and sits close to the citywide average, which means the interior feels competitively sized for a modern home. The assessed tax value of $372,000 is in line with the street and city averages, and notably lower than the surrounding community’s average of $443,000. This suggests the home may offer a more affordable entry point into the West Kildonan Industrial area without sacrificing recency or square footage.

The main appeal here is new construction in an established area. Buyers get a home that’s only a year old without paying a premium for a large lot or a high assessment. The trade-off is a relatively small lot—ranking in the bottom 2% of the community and in the bottom percentile citywide. This property would suit buyers who prioritize a modern, low-maintenance home over outdoor space or future expansion. It also works well for someone who values being on a street with consistently newer and slightly larger homes, as its street ranking suggests a cohesive, well-maintained block.

Five Possible FAQs

1. Why is the assessed value lower than the community average?
The home’s $372,000 assessed value is below the West Kildonan Industrial average of $443,000. This likely reflects the smaller lot size (1,912 sq ft vs. a community average of 3,839 sq ft) rather than a deficiency in the house itself. It also means property taxes may be lower than other newer homes in the broader area.

2. Is a 1,912 sq ft lot too small for this property?
That depends on your expectations. The lot is small even by city standards, ranking in the bottom 1% citywide. It’s typical for a newer home where the builder maximized indoor space over yard area. If you want a garden, a workshop, or room for kids to play outdoors, this may feel tight. If you prefer minimal yard maintenance, it’s a feature, not a drawback.

3. How does this home compare to others on Lynx Street?
It ranks 1st in living area (1,354 sq ft vs. a street average of 1,341 sq ft) and has the newest build year on the street. The lot size is slightly below the street average of 2,175 sq ft, ranking 9th out of 16. So it’s a top performer for interior space and age but not for land.

4. What does “top 1% for build year” actually mean for livability?
It means the home was built in 2023, while the average Winnipeg home dates to 1966. You’re likely getting modern insulation, windows, HVAC, and electrical systems—plus a builder’s warranty. Older homes in this price range often need upgrades. The trade-off is you’ll have less character or established landscaping, and possibly a smaller lot.

5. Could the small lot affect resale value?
It might, but not necessarily in a bad way. Homes with small lots in desirable areas often appeal to buyers looking for low upkeep and newer finishes. Resale value will depend more on the condition of the home and the broader market than on lot size alone. The fact that it’s already ranked 1st on its street for living area suggests demand for this type of home within this specific block.