198 Orion Crescent – Property Summary

Key Characteristics & Ideal Buyer Profile

This 2022-built home on Orion Crescent offers 1,676 sq. ft. of living space on a 4,210 sq. ft. lot. What stands out most is its age: ranked #2 on its street and in the top 1% citywide for year built, it’s effectively brand new compared to Winnipeg’s median home age of 1966. The living area is above average for both the West Kildonan Industrial neighbourhood (top 27%) and the city as a whole (top 22%), though it sits around the median for the street itself. The assessed value of $477k is roughly typical for Orion Crescent but above neighbourhood and city averages, reflecting the newer construction. The lot is slightly smaller than the street median and notably below the citywide average—typical for a newer infill or subdivision property where indoor space is prioritized over land.

The appeal lies in getting a very recent build without the premium of a custom home or a street full of identical new houses. It’s a newer home in an established area, which means better insulation, modern mechanicals, and lower immediate maintenance needs than most properties in this price range. It would suit buyers who want move-in-ready convenience and energy efficiency but prefer not to be on a brand-new development fringe. First-time buyers with a bit more budget, young families looking for a solid floor plan with room to grow, or anyone tired of older-home quirks would find this a strong fit. The lot size may be a drawback for those wanting a large yard or gardening space, but it keeps upkeep manageable.

Five Possible FAQs

1. How does the property’s assessed value compare to similar homes nearby?
The assessed value is $477k. On Orion Crescent, that’s around the middle (top 69%), with the street average at $522k. In the broader West Kildonan Industrial neighbourhood, it’s above the $442.9k average, and citywide it ranks in the top 24%—consistent with a newer, larger-than-average home.

2. Is the living space actually usable for a family of four?
At 1,676 sq. ft., it’s larger than both the neighbourhood and city averages. This would typically allow for three bedrooms plus a main living area, kitchen, and at least one full bathroom on each level. It’s not oversized, but it’s functional for a small to medium-sized family without feeling cramped.

3. Why is the lot size considered below average citywide, and does it matter?
The lot is 4,210 sq. ft., ranking in the bottom 29% citywide. Many Winnipeg homes, especially older ones, sit on larger lots. What matters is whether you need the extra land. For someone who wants a lower-maintenance yard and less snow clearing, this is actually a benefit. If you’re planning major landscaping or expansion, it may be limiting.

4. What makes this area worth considering over a newer subdivision?
West Kildonan Industrial is an established neighbourhood, so you get mature trees, proximity to services, and typically shorter commutes than far-flung developments. The home itself is new, but you’re not in a sea of identical builds with still-developing infrastructure. It’s a balance of modern construction and existing community character.

5. How reliable are the rankings provided in this data?
The rankings compare this home to “comparable homes” within the same street, neighbourhood, and city—meaning similar property types, not all housing stock. They’re a useful reference for understanding where this home sits relative to its peers, but they don’t account for interior finishes, renovations, or market timing. Best used as a starting point, not a final judgment.