162 Orion Crescent – Property Summary

Key Characteristics & Buyer Fit

This is a 1,502-square-foot home built in 2021 on a 4,460-square-foot lot in Winnipeg’s West Kildonan Industrial area. The property’s strongest feature is its age: it ranks in the top 2% citywide for newer construction, meaning it’s far newer than most homes in Winnipeg (average year built citywide is 1966). The living area is slightly below average for its immediate street but above average citywide, while the assessed value ($472,000) is lower than the street average but higher than the neighbourhood and city medians—suggesting a relatively affordable entry point for a newer home.

The appeal lies in the trade-off between newness and value. Buyers who prioritize a modern build, lower maintenance, and energy efficiency (common in 2021 construction) will find this property stands out in a city where most homes are much older. The lot is modest but larger than the neighbourhood average, which could offer decent outdoor space without the upkeep of a big yard. That said, the street itself has larger homes, so this property may feel compact compared to immediate neighbours.

This home would suit buyers who want something move-in ready and contemporary, don’t need maximum square footage, and are comfortable with a location that ranks as average within its neighbourhood—not a premium block, but not a downgrade either. It’s a logical choice for first-time buyers or those downsizing from an older, larger home who still want a newer build without paying top dollar for the street’s average.

Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
On Orion Crescent, the average assessed value is $522,200, so this property is assessed about $50,000 below that. In the wider West Kildonan Industrial area, it’s above average ($442,900), and citywide it sits in the top 25% of comparable homes. The gap between street and city rankings suggests the street carries a slight premium that this home doesn’t fully match.

2. Is the living area considered small for this street?
Yes. The average living area on Orion Crescent is 1,812 square feet, so at 1,502 sqft, this home is about 310 sqft smaller—ranking in the bottom 5% on the street. However, it’s still larger than the citywide average for comparable homes (1,342 sqft), so it’s only small relative to close neighbours.

3. Why is the home newer than most in Winnipeg, but not ranked higher on its street?
The entire street of Orion Crescent has homes built around 2021, so the property is tied with the street average. The top 2% citywide ranking reflects how unusual a 2021 build is in Winnipeg (where the median is 1966), not a special advantage over nearby houses. On its own block, it’s typical.

4. What does the land area ranking tell me about the lot?
The lot is 4,460 sqft—smaller than the street average (4,976 sqft) but above the neighbourhood average (3,839 sqft). Citywide, it’s around the middle (top 67%), meaning it’s not exceptionally large or small for Winnipeg. It’s a functional yard for a newer home, not a sprawling property.

5. How reliable are these rankings for decision-making?
They’re useful for quick comparison against three different scopes (street, neighbourhood, city), but keep in mind that “comparable homes” is a rough category. The citywide ranking includes many different housing types and eras. The most meaningful comparison is probably the street level, since those are direct neighbours, though even there, lot shape and exact location matter more than rankings suggest.