150 Orion Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 2021-built home with 1,766 square feet of living space on a 4,460-square-foot lot. Its main strength is its recency: citywide, it ranks in the top 2% for year built, meaning nearly all comparable homes in Winnipeg are older. The living area is also a standout, ranking in the top 23% within the West Kildonan Industrial neighbourhood and the top 18% citywide—so you’re getting more interior space than most homes in the area.

The assessed value of $476,000 sits slightly below the street average ($522,200) but above the neighbourhood and city averages. This suggests the property offers newer construction and generous square footage at a price that doesn’t fully reflect those advantages at street level, which may appeal to someone looking for relative value within the immediate block.

The lot size is a middle-ground feature—generous for the neighbourhood (top 30%) but below the citywide typical lot. It’s not a sprawling yard, but it’s more than many nearby homes offer.

This property suits buyers who prioritize a newer build and are willing to accept a lot that is modest relative to the older, larger-lot homes elsewhere in Winnipeg. It would work well for a family or professional who wants move-in-ready space without the compromises often found in older houses—such as layout quirks, deferred maintenance, or dated systems. The home’s advantage is less about prestige and more about practical, up-to-date livability.

Five Possible FAQs

1. How does this home’s size compare to other new builds in Winnipeg?
Ranking in the top 2% citywide for year built means it’s among the newest homes in the city. But “new build” in Winnipeg often means smaller square footage (closer to the 1,342 sqft citywide average). This home is significantly above that, so it offers both new construction and above-average living space—a less common combination.

2. The assessed value is below the street average. Should I be concerned about the street’s appeal?
Not necessarily. The street average ($522,200) is pulled up by a few higher-value homes. Your property’s assessment ($476,000) is still above the neighbourhood and city averages. This gap may simply reflect differences in lot size or specific finishes. It’s worth checking whether other homes on Orion Crescent are older or have larger lots, which would explain the higher average.

3. Is the lot size a limitation for this property?
At 4,460 sqft, it’s above the neighbourhood average (3,839 sqft) but well below the citywide typical lot (6,570 sqft). The city average is skewed by many older homes on large, deep lots. For a 2021 build, this lot is actually on the generous side for its era—most new infill homes in Winnipeg sit on smaller parcels. If you want a yard without committing to the upkeep of a full acre or large corner lot, this is a practical middle ground.

4. How does this property rank for resale potential?
Newer construction with above-average living area and a solid assessed value generally holds value well. The home ranks in the top 35% for assessed value within its neighbourhood, which puts it slightly above typical resale risk. The main factor to watch is whether the neighbourhood itself (West Kildonan Industrial) continues to attract buyers seeking newer homes. Currently, its housing stock skews older, so this home is somewhat unique in its immediate area—that can be either a selling point or a limitation depending on the buyer.

5. What does “industrial” in the neighbourhood name mean for daily living?
West Kildonan Industrial is a mixed-use area. While the name suggests warehouses and light industry, in practice it includes residential pockets like Orion Crescent. The practical impact is that you may be closer to commercial or industrial properties than in a purely residential suburb. This can mean more traffic during business hours but also better access to services and major routes. It’s worth driving through at different times of day to see how it feels in practice.