77.7
Good
Property score
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

Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
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)
626
422.5k
$297/sqft
2021
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Property score
77.7 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
around averageYear Built
EliteLot Size
around averageRank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 23% | Bottom 8% | Bottom 40% |
171 Phoenix Way · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
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.
Map & Street View
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