Property Summary: 137 Orion Crescent

Key Characteristics & Buyer Fit

This is a 2021-built single-family home with 1,887 square feet of living space and a 7,149 square foot lot. Across every measured category—size, age, and assessed value—it ranks well above average within its street, neighbourhood (West Kildonan Industrial), and the wider Winnipeg market. The house is newer than most of the city’s housing stock (top 2% citywide for construction year), and both its interior square footage and land area are generous by neighbourhood standards.

Its appeal lies in offering a relatively new build without a premium, cookie-cutter lot size. The land is in the top 10% on the street, which is less common for a recently constructed home and gives more outdoor space than many comparable newer builds. The assessed value (around $603,000) reflects strong positioning within the neighbourhood—top 7%—suggesting the property holds its value well relative to surrounding homes.

This property would suit buyers who want a newer home in a stable, established area without moving to a fringe development zone. It's a good fit for someone who prioritises square footage and land over absolute location prestige, or for a family looking for a house that won't need major updates for a long time. Investors or buyers focused on long-term resale might also appreciate the data showing consistent ranking strength across multiple metrics.

Five Possible FAQs

1. How does this home compare to the average house in Winnipeg?
Across four key metrics—living area, land size, build year, and assessed value—this home ranks in the top 16% or higher citywide. The most standout figure is the construction year: it's newer than 98% of homes in Winnipeg.

2. What does "assessed value" actually mean here, and should it affect my offer?
Assessed value is used to calculate property taxes, not market price. A $603,000 assessment suggests the city views this home as above-average for the neighbourhood. It doesn't set the asking price, but it can be a useful reference point for how the property compares to others on the same street.

3. The land area ranking is strong locally but mid-tier citywide. Is that a concern?
Not necessarily. The lot is large for the immediate area (top 10% on the street, top 5% in the neighbourhood), but Winnipeg has many older homes on very large lots, which pulls the citywide average higher. For a home built in 2021, the lot size is notably generous.

4. How does the street itself compare to the broader neighbourhood?
On Orion Crescent, this home ranks 32nd out of 107 for size and 17th out of 107 for assessed value. That means it's comfortably in the top third of the street in both categories. The neighbourhood context is even stronger, with the home landing in the top 7% for value and top 5% for lot size within West Kildonan Industrial.

5. What's the risk that the rankings change significantly over time?
Rankings shift slowly, since they're based on the entire pool of existing homes. A new build on the street could nudge the construction-year rank down slightly, but the home's size and lot are fixed advantages. Over time, the assessed value rank might fluctuate with market conditions, but the current data suggests strong relative positioning that should hold steady in the medium term.