Property Summary: 166 Orion Crescent

Key Characteristics & Buyer Profile

This 2021-built home offers 1,777 square feet of living space on a 4,460-square-foot lot. Its assessed value is $504,000. What stands out is the balance between size and newer construction. On its own street, the home is basically average in living area and value—nothing flashy. But zoom out: it ranks in the top 23% for living area and top 23% for assessed value within the West Kildonan Industrial neighbourhood, and it cracks the top 19% citywide. The year built is where this property really separates itself: it’s in the top 2% of all Winnipeg homes for newness. That’s unusual for a house that isn’t a custom build or a luxury listing.

The lot is on the smaller side citywide (top 67%), but that’s fairly typical for an infill or newer subdivision home where yards are more compact. The land area is still above average for the immediate neighbourhood, so you’re not squeezed in.

This property would suit a buyer who values a modern, low-maintenance home in a developed area, rather than someone chasing a big yard or a historic character property. It’s a good fit for a family or professional who wants something turn-key—built in 2021 means everything is current: roof, mechanicals, windows, insulation. The neighbourhood is West Kildonan Industrial, which is a mixed area of residential and commercial/industrial uses. That might not appeal to someone looking for a quiet, leafy suburb, but it could be practical for someone who works nearby or wants access to major routes. The assessed value being close to the street average suggests no obvious overpayment relative to neighbours, while the above-average citywide rank signals decent equity potential in a broader market context.

Frequently Asked Questions

1. How does this home’s living space compare to others nearby?
It’s about average for Orion Crescent itself (1,777 sqft vs. the street average of 1,812 sqft), but it’s well above the neighbourhood average of 1,591 sqft. Citywide, it’s in the top 18% of comparable homes, meaning it’s roomier than most in Winnipeg.

2. Is the assessed value of $504,000 reasonable?
It’s slightly below the street average ($522,200), which puts it in the middle of the pack on Orion Crescent. But within West Kildonan Industrial, it’s above average (neighbourhood average is $442,900), reflecting the home’s newer construction and larger living area relative to older housing stock in the area.

3. Why is the year built such a strong point?
Homes built in 2021 are uncommon in Winnipeg—only about 2% of city properties are that new. Most homes in the city average 1966. This means the home has modern building codes, materials, and likely better energy efficiency. It also eliminates the need for major renovations or immediate repairs for years.

4. The lot is 4,460 sqft—is that small?
In the neighbourhood, it’s above average (3,839 sqft is the neighbourhood average), so it’s actually a bit larger than typical nearby lots. Citywide, Winnipeg has many older homes on larger lots (average 6,570 sqft), so this lot is on the smaller side by city standards. It’s typical for newer developments where land is more expensive and yards are more compact.

5. What’s the neighbourhood like?
West Kildonan Industrial is a mostly built-out area with a mix of single-family homes, apartments, and light industrial/commercial properties. It’s not a quiet bedroom suburb—there’s more activity and proximity to major roads. This can be a plus for convenience but less appealing if you want a secluded or heavily treed setting. The home’s ranking data suggests it’s one of the newer, larger homes in the immediate area, so it may stand out from older bungalows or wartime houses nearby.