Key Characteristics & Appeal

This is a 1,534 sqft home built in 2018 on a 2,541 sqft lot in the North Point Boulevard area. Its standout feature is interior space: it's the largest home on its street (top 2%) and sits well above the city average for living area. The build year is also a strength relative to Winnipeg as a whole, where the median home was built in 1966—this property is newer than 96% of city homes.

Where it compromises slightly is on land and assessed value. The lot is on the smaller side for its neighbourhood and the city, and the tax assessment ($366,000) is below the community average of $443,000. This isn't necessarily a downside—it suggests the property is priced more in line with its immediate street than the broader, pricier West Kildonan Industrial area.

The appeal lies in getting a relatively new, spacious home on a modest lot, likely without the premium attached to larger yards or higher neighbourhood assessments. It suits buyers who prioritize indoor square footage and a newer build over outdoor space, and who are comfortable with a home that's valued a bit below the surrounding area. First-time buyers, downsizers looking for efficient space, or anyone wanting a turnkey property without the maintenance of an older home or big lot would find this a practical fit.

Frequently Asked Questions

1. The land area is quite small compared to the city average. Is that a problem?
It depends on your priorities. The lot is tight—2,541 sqft puts it in the bottom 6% citywide—so you won't have a large backyard or much room for expansion. But if you're looking for less yard work and a more compact footprint, this can be a benefit. Many newer infill homes in the area are built on smaller lots, so it's not unusual for the neighbourhood.

2. How old is the house, and what condition should I expect?
Built in 2018, so roughly six to seven years old at time of writing. It's still relatively new, meaning major systems (roof, HVAC, windows) should have plenty of life left. You'd typically only be looking at minor updates or cosmetic wear rather than replacements.

3. Why is the assessed value lower than the community average?
The West Kildonan Industrial area has a higher average assessment ($443k), likely due to older, larger homes on bigger lots. This property sits on a smaller lot and may be in a specific pocket of the street with more modest values. The assessment is close to the street average ($375k), so it aligns well with its immediate neighbours even if it's below the broader community.

4. How does this property compare to others currently on the market?
This data is based on tax assessments and historical averages, not active listings. For current market comparisons, you'd want to look at recent sales of similar-sized homes built around 2018 in the same area. The fact that it's the largest home on the street by living area could give it an edge if buyers are prioritizing square footage.

5. Is this a good investment for resale value?
Hard to say without knowing purchase price, but the combination of newer construction and above-average interior space tends to hold appeal. The smaller lot and below-average assessment could limit upside compared to properties with more land, but they also mean lower property taxes. It's a solid choice for someone planning to live in it for a while rather than flip it quickly.