110 Orion Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 2021-built home with 1,766 square feet of living space on a 4,451-square-foot lot. The property sits in the West Kildonan Industrial neighbourhood of Winnipeg.

Where this home stands out most is its age. It ranks in the top 2% citywide for year built, meaning it’s significantly newer than the vast majority of comparable homes in Winnipeg (citywide average year built is 1966). The living area is above average both within the neighbourhood (top 23%) and across the city (top 18%), offering more space than typical for the price range.

The assessed value of $483,000 is around average for Orion Crescent itself, but above the neighbourhood average ($442,900) and well above the citywide average for comparable homes ($390,100). The lot size is fairly standard for the street and neighbourhood—neither small nor oversized.

The appeal here lies in the modernity of the build combined with above-average square footage at a price that doesn't feel inflated relative to the street. It’s not the largest or most expensive home on the block, but it avoids the trade-offs that often come with older homes in the same range.

This property would suit buyers who prioritize a newer home with minimal immediate renovation needs, and who want more interior space than a typical starter home. It’s also a fit for those who value being in a neighbourhood where the housing stock is more varied in age—this home is notably newer than many surrounding properties, which could be a plus for resale down the line. It may be less suited for buyers seeking a large lot or a yard with mature trees, given the lot size is closer to the neighbourhood norm.

Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
The assessed value is around average for homes on Orion Crescent itself, but above both the neighbourhood and citywide averages for comparable properties. This suggests the home is priced in line with its immediate neighbours while offering newer construction and more living space than what’s typical for the broader area.

2. Is the lot size considered small or large for this area?
The lot is close to the average for the street and neighbourhood, so it’s neither notably small nor large. Citywide, it falls in the lower third (top 67%), but that’s mainly because Winnipeg has many homes on larger suburban lots. For this part of West Kildonan Industrial, it’s standard.

3. Why is the year built such a strong point for this property?
The home was built in 2021, which puts it in the top 2% of all comparable homes citywide. Most homes in Winnipeg were built much earlier (median around 1966), so a buyer gets modern construction standards, likely better energy efficiency, and fewer immediate updates. This also means the home is newer than roughly 80% of properties on its own street.

4. What does “top 18% citywide for living area” actually mean in practical terms?
It means this home has more square footage than 82% of comparable homes across Winnipeg. For a buyer, that translates to extra room without having to move to a more expensive or older property. The living area is larger than the average for the street and neighbourhood too, so it offers a bit more space than what’s typical nearby.

5. Does the property have any major drawbacks based on the data?
The lot size is average, not generous—so if a large yard is a priority, this may feel tight. The assessed value, while reasonable for the street, is noticeably above the neighbourhood average, which could mean higher property taxes relative to some neighbours. Also, the home is newer than most on the street, so if you prefer a more established, mature neighbourhood feel, this property might stand out in that regard.