131 Phoenix Way

West Kildonan Industrial, Winnipeg

Property score

76.2

Good

Overall 76.2 · Older than most nearby homes

1,393 sqft (bottom 33%) · Built in 2018 (3 yrs older than avg)

Located in a high-income area with median household income of ~105k

Transit 62.0 · 2-min walk to transit with 1 nearby route

Living Area

Below average

12% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 45%Tagalog · 18%

Past 10 years West Kildonan Industrial sales snapshot (~80% of all data)

Sold Count

626

Median price

422.5k

$/sqft

$297/sqft

Avg build year

2021

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Property score

76.2 is composed by the two sections below.

Property Score

70.8Good
Living Area1,393 sqft71Good
Year Built201897Excellent
Lot Size2,852 sqft28Low
Neighbourhood Sales Activity93Excellent

Community Score

84.4Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

West Kildonan Industrial

How to read: Share of sales in each ~$50k price band for “west kildonan industrial” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110002

Community deep dive

$105K

Median household income

$112K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

13%

Single-person households

40%

Families with children

Population, labour & age

Population (2021)3,678
Labour force participation rate77%
Median age31.6
Avg household size3.2
Unemployment rate9%
Population density744 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households13%
Couple families with children40%
Median household income (2020)$105K

Housing

Renter households32%
Condominium dwellings4%
Median dwelling value (owners)$404K

Diversity, education & language

Immigrants (share of pop.)46%
Visible minority67%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 44%
Mother tongue (2nd)Tagalog · 17%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,393 sqft
0255075100
Same streetBottom 32%Same areaBottom 33%CitywideTop 36%
Same street · Phoenix Way
#53 / 78
Bottom 32% · Avg 1,430 sqft
Same area · West Kildonan Industrial
#448 / 664
Bottom 33% · Avg 1,591 sqft
Citywide · Winnipeg
#69,935 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

around average
384k
0255075100
Same streetTop 36%Same areaBottom 36%CitywideTop 43%
Same street · Phoenix Way
#28 / 78
Top 36% · Avg 376.6k
Same area · West Kildonan Industrial
#422 / 664
Bottom 36% · Avg 442.9k
Citywide · Winnipeg
#83,066 / 194,458
Top 43% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetBottom 47%Same areaBottom 17%CitywideTop 4%

Lot Size

around average
2,852 sqft
0255075100
Same streetTop 41%Same areaBottom 36%CitywideBottom 9%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

Search radius
No data within 500 m.

Crime & Safety

West Kildonan Industrial · WPS public data · 2026

Annual incidents

5

2026

vs. city avg

-83%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Violent

60%

Sales History

Sold 6/2022CA$500k–550k
Sold price

Same street

Top 3%

Same area

Top 22%

City-wide

Top 16%

Related homes

Highlights & common questions: 131 Phoenix Way, Winnipeg

131 Phoenix Way – Property Summary

Key Characteristics & Buyer Profile

This 1,393 sqft home, built in 2018, sits on a 2,852 sqft lot in the West Kildonan Industrial area of Winnipeg. Its assessed value is $384,000.

The property’s main strength is its age. Built in 2018, it is newer than 96% of homes citywide—a significant advantage in a market where the average home was built in 1966. On the street and in the neighborhood, however, it is closer to average, meaning buyers aren’t paying a premium for rarity of build year at the local level.

The living area and assessed value are both around average for the street and neighborhood, but above average citywide. This suggests the home offers solid, modern space without being oversized or overpriced relative to its immediate surroundings. The lot is slightly smaller than the street average and well below the citywide average—worth noting for buyers who prioritize outdoor space or future expansion.

This property would suit a buyer who wants a relatively new, move-in-ready home in an established area, without paying a premium for the largest lot or highest valuation on the block. It’s a practical choice for someone who values a modern build over land size, and who is comfortable with a smaller yard typical of newer infill or compact subdivisions.


Frequently Asked Questions

1. How does this home compare to others on the same street?
It ranks around the middle for living area (top 68%) and assessed value (top 36%), and close to average for year built and land area. It is not the standout on the street, but it is competitive in value for its age.

2. Is the property’s age a major selling point?
Yes, but more so citywide than locally. Built in 2018, it is among the newest 4% of homes in Winnipeg. On Phoenix Way and in West Kildonan Industrial, newer builds are more common, so the age advantage is less pronounced at the neighborhood level.

3. Why is the lot size considered “below average” citywide?
The lot is 2,852 sqft, while the citywide average for comparable homes is 6,570 sqft. This is typical for newer infill or subdivision developments, which often prioritize efficient land use over large yards. Buyers should expect a modest outdoor space.

4. How reliable is the assessed value as a price guide?
Assessed value is a useful benchmark, but it is not the same as market price. This home’s assessment of $384,000 is slightly above the street average but below the neighborhood average—suggesting it may be reasonably priced relative to its immediate area, but local market conditions and recent sales should also be considered.

5. What type of buyer would this property not suit?
It would be less ideal for someone seeking a large lot for gardening, expansion, or privacy, or for a buyer who wants a home that stands out significantly from neighbors in terms of size or valuation. It’s a solid, middle-ground home for someone who prioritizes a modern build and reasonable value over standout features.

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