202 Orion Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a newer home, built in 2021, which places it within the top 2% of properties citywide by construction year—an unusually strong ranking. The living area is 1,721 square feet, slightly below the street average of 1,812 sq ft but well above the citywide average of 1,342 sq ft. That means you’re getting a home that feels spacious relative to most of Winnipeg, even if it’s not the largest option on its own street.

The lot is 5,803 sq ft, which is notably bigger than the neighborhood average (3,839 sq ft) and ranks in the top 9% locally. On the street itself, it’s still above average—ranked 24th out of 107 homes. So the property offers a good amount of outdoor space without being oversized by city standards.

Assessed value is $494,000. That’s around the middle of the street (ranked 52%), but above both the neighborhood average ($442,900) and the city average ($390,100). You’re paying a premium for a newer build in a neighborhood where homes tend to be older and smaller.

The appeal here is straightforward: a modern, move-in-ready home on a generous lot in a part of West Kildonan Industrial that has above-average living space and land. It’s not flashy or luxurious, but it ranks well across the board—especially for age and lot size. This would suit someone who wants a newer home without moving to a newly developed suburb far from the city core. It’s also a good fit for buyers who value yard space and don’t want to compromise on build quality or energy efficiency that comes with a recent construction. Families or owners planning to stay for a while will appreciate that the home is already competitive in terms of assessed value, which suggests reasonable resale stability.

Frequently Asked Questions

1. How does the living space compare to other homes in the area?
On the street, it’s close to average—ranked 57th out of 107. But in the wider neighborhood, it’s above average (top 26%), and citywide it’s in the top 20%. So it’s a comfortable size for most households, just not the standout feature on the block.

2. Is the assessed value in line with what I’d expect for a 2021 build?
Yes. The assessment is $494,000, which is slightly below the street average ($522,200) but well above the neighborhood average. Given the home’s age, that’s reasonable—newer builds typically carry higher assessments, and here it’s ranked 52% on the street, indicating good value relative to nearby properties.

3. How big is the lot, and is that unusual for this part of the city?
The lot is 5,803 sq ft. That’s above average for the street (where the average is 4,976 sq ft) and well above the neighborhood average (3,839 sq ft). Citywide, it’s around average, so it’s not enormous, but it’s generous for the immediate area.

4. What does “Top 2% citywide for year built” actually mean in practical terms?
It means very few homes in Winnipeg were built more recently. A 2021 build gives you modern insulation, electrical, plumbing, and likely better energy performance. It also means less immediate maintenance than an older home. The trade-off is that you’re paying a premium for that newness, as reflected in the assessment.

5. How does this home compare to others on Orion Crescent specifically?
On the street, it’s around average for living area and assessed value, but above average for lot size (top 24%) and year built (top 18%). So it’s not the biggest or most expensive house on the block, but it’s newer and has more land than most of its neighbors. That balance could appeal if you want something that stands out on lot size without being the priciest option.