Key Characteristics & Appeal

This 1,520 sqft home on Phoenix Way stands out primarily for its age. Built in 2019, it ranks in the top 1% of homes on its street and the top 4% citywide—putting it among the newest properties in Winnipeg. The living space is also solidly above average for both the street (top 9%) and the city (top 29%), giving it more interior room than many comparable homes in the area. The property’s assessed value sits close to the median on the street and across the city, which suggests the pricing is in line with expectations rather than inflated by the newer construction. The lot is on the smaller side—roughly average for the street but well below the citywide norm (bottom 9% in Winnipeg). That’s less of a concern for buyers who prioritize a modern home with efficient space over a large yard.

The appeal here is practical: a recently built house in a street where most homes are of a similar vintage, with no major trade-offs in assessed value. It would suit first-time buyers or downsizers who want a low-maintenance, contemporary property without paying a premium for a big lot. It’s also a strong fit for someone who values data-backed consistency—this isn’t a fixer-upper or an outlier; it’s a well-positioned, middle-of-the-road asset in a newer pocket of West Kildonan Industrial.

Five Frequently Asked Questions

1. How does this home compare to others in West Kildonan Industrial?
It’s close to the community average for both living area and assessed value, and its build year (2019) is only slightly older than the neighborhood median (2021). The main difference is the lot: homes in this community average 3,839 sqft of land, while this one has 2,852 sqft—about 25% less. If a larger yard is important, there are trade-offs.

2. What do the rankings actually mean?
The rankings compare this property to similar homes within the same street, community, and city. A lower rank number (e.g., 1st or 7th out of 78) means the home scores higher in that category. The progress bar shows roughly what percentage of comparable homes it beats. So, a top-4% citywide ranking for build year means it’s newer than 96% of homes in Winnipeg.

3. Is the assessed value of $378,000 reasonable?
It’s right around the street average ($377,000) and slightly below the city average ($390,000). For a 2019 home, that’s fairly conservative—it hasn’t been over-appraised relative to newer builds. Buyers should still get their own appraisal, but the data suggests the valuation is grounded.

4. Does a smaller lot affect resale value?
It can, depending on the buyer pool. In a city like Winnipeg, where larger lots are common (the average is 6,570 sqft citywide), a 2,852 sqft lot may limit appeal for families wanting outdoor space. That said, in a street context where lots are fairly uniform, it’s less of a factor. The newer home itself should hold value better than an older property on a bigger lot.

5. What kind of buyer would this not suit?
Anyone looking for a large yard, significant privacy between neighbors, or an older character home with period details. It’s also less ideal for an investor seeking undervalued land, since the lot size caps future expansion. This is a straightforward, move-in-ready home for someone who values efficiency and a modern build over space for its own sake.