171 Phoenix Way

West Kildonan Industrial, Winnipeg

77.7

Good

Overall 77.7

Compared with neighbourhood average

1,400 sqft (bottom 35%)

Built in 2019 (2 yrs older than avg)

Located in a high-income area

with median household income of ~105k

Transit 70.0

2-min walk to transit with 1 nearby route

Living Area

Below average

12% smaller than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 45%Tagalog · 18%

Past 10 years West Kildonan Industrial sales snapshot (~80% of all data)

Sold Count

626

Median price

422.5k

$/sqft

$297/sqft

Avg build year

2021

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Property score

77.7 is composed by the two sections below.

Property Score

73.2Good
Living Area1,400 sqft75Good
Year Built201997Excellent
Lot Size2,738 sqft28Low
Neighbourhood Sales Activity93Excellent

Community Score

84.4Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

West Kildonan Industrial

How to read: Share of sales in each ~$50k price band for “west kildonan industrial” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110002

Community deep dive

$105K

Median household income

$112K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

13%

Single-person households

40%

Families with children

Population, labour & age

Population (2021)3,678
Labour force participation rate77%
Median age31.6
Avg household size3.2
Unemployment rate9%
Population density744 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households13%
Couple families with children40%
Median household income (2020)$105K

Housing

Renter households32%
Condominium dwellings4%
Median dwelling value (owners)$404K

Diversity, education & language

Immigrants (share of pop.)46%
Visible minority67%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 44%
Mother tongue (2nd)Tagalog · 17%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,400 sqft
0255075100
Same streetBottom 42%Same areaBottom 35%CitywideTop 36%
Same street · Phoenix Way
#45 / 78
Bottom 42% · Avg 1,430 sqft
Same area · West Kildonan Industrial
#434 / 664
Bottom 35% · Avg 1,591 sqft
Citywide · Winnipeg
#69,104 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

around average
367k
0255075100
Same streetBottom 26%Same areaBottom 26%CitywideTop 48%
Same street · Phoenix Way
#58 / 78
Bottom 26% · Avg 376.6k
Same area · West Kildonan Industrial
#494 / 664
Bottom 26% · Avg 442.9k
Citywide · Winnipeg
#93,241 / 194,458
Top 48% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 1%Same areaBottom 36%CitywideTop 4%

Lot Size

around average
2,738 sqft
0255075100
Same streetTop 50%Same areaBottom 34%CitywideBottom 8%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

Search radius
No data within 500 m.

Crime & Safety

West Kildonan Industrial · WPS public data · 2026

Annual incidents

5

2026

vs. city avg

-83%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Violent

60%

Sales History

Sold 5/2019CA$300k–350k
Sold price

Same street

Bottom 23%

Same area

Bottom 8%

City-wide

Bottom 40%

Related homes

Highlights & common questions: 171 Phoenix Way, Winnipeg

171 Phoenix Way – Property Overview

Key Characteristics & Buyer Profile

This 2019-built home offers 1,400 square feet of living space on a 2,738-square-foot lot, with an assessed value of $367,000. Its standout feature is the year built: it ranks #1 on its street (top 1%) and #6,832 citywide (top 4%), putting it among the newest homes in a city where the average home was built in 1966. The living area is slightly smaller than the neighborhood average but slightly larger than the citywide average, placing it in the top 36% across Winnipeg. The assessed value is below average for both the street and neighborhood but around average citywide, which may reflect a more modest finish level or a smaller lot relative to nearby homes.

The appeal lies in the combination of a very new build with a manageable footprint—no excessive space to heat or maintain—and a land area that, while below the citywide average, is typical for the immediate street (top 50%). This is not a home with a large yard or a premium interior, but it offers a low-maintenance, modern start in an established area.

This property suits buyers who prioritize a newer home with fewer immediate repair or update needs over maximum square footage or lot size. First-time homeowners, empty nesters downsizing from older houses, or investors seeking a turnkey rental with low deferred maintenance would find it practical. It is less suited for families wanting a large yard or extensive living space, or for those seeking a high-value flip opportunity based on assessed value alone.


Frequently Asked Questions

1. How does the assessed value compare to similar homes, and what does that mean for property taxes?
The assessed value of $367,000 is below the street average ($376,600) and well below the neighborhood average ($442,900), but roughly in line with the citywide average ($390,100). Property taxes are calculated based on this assessed value, so you can expect taxes to be slightly lower than many newer homes in the West Kildonan Industrial area, though not unusually low for Winnipeg overall.

2. The land area is relatively small—what impact does that have on use or resale?
At 2,738 square feet, the lot is typical for Phoenix Way but smaller than most citywide. This means less yard maintenance and possibly less privacy from neighbors, but it can also limit future additions like a large garage or garden suite. For resale, a smaller lot often appeals to buyers who want a newer home with minimal outdoor upkeep, but it may deter those seeking space for children, pets, or gardening.

3. Why is the year built so much newer than the neighborhood average, and does that matter long-term?
The home was built in 2019, while the neighborhood average is 2021—close, but the street and citywide averages are much older. This means you are buying into an area where most homes require more maintenance and may have older systems (plumbing, electrical, insulation). Being the newest house on the street offers immediate peace of mind, but long-term, the property’s value will depend more on how the area ages than on its own construction year.

4. How does the living area compare to other homes of the same era in Winnipeg?
Citywide, the average living area for comparable homes is 1,342 square feet, so this home is slightly above that. However, within West Kildonan Industrial, the average is 1,591 square feet, meaning this home is smaller than many of its immediate neighbors. If you are looking for a newer, efficient floor plan rather than a large one, this fits well; if you anticipate needing extra rooms or open space, you may find it tight.

5. Is this property considered a good value for a new build, or is it overpriced?
The assessed value suggests it is priced around the city median for comparable homes, and its ranking at the top 48% citywide supports that. It is not a bargain based on assessed value alone, but the combination of a 2019 build, average living space, and a modest lot means you are paying primarily for the home’s age and condition rather than land or size. For buyers who value a move-in-ready home with fewer unknowns, it represents fair value; for those looking for upside through renovation or land appreciation, it offers less opportunity.

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