213 North Point Boulevard – Property Summary

Key Characteristics & Buyer Suitability

This is a 1,327 sqft home built in 2019 on a 2,513 sqft lot, located on North Point Boulevard in the West Kildonan Industrial area of Winnipeg. Its standout feature is the building age – constructed in 2019, it ranks among the newest 4% of homes city-wide, where the average home was built around 1966. This means newer construction, modern building standards, and likely fewer immediate maintenance concerns than most properties in the city.

The property’s appeal lies in its balance of contemporary build and relatively modest assessed value. At a tax assessment of $333,000, it sits below the street average ($375,000) and is significantly under the community average ($444,000) and city average ($390,000). In short: a newer home at a below-average tax valuation for its age class. However, the lot is small (2,513 sqft) – below average for both the street and community, and in the bottom 5% city-wide. The living area is within a typical range for the street and city but below the larger homes common in the West Kildonan Industrial area.

This property would suit a buyer who prioritizes a newer, move-in-ready home in a well-established neighbourhood, and who is not seeking a large yard. It may appeal to first-time homeowners, downsizers, or those who value lower maintenance and modern finishes over expansive outdoor space. The sub-street-level tax assessment could also be appealing to value-conscious purchasers. A less obvious perspective: because the home is much newer than most in the area, the architectural style, interior layout, and landscaping may feel distinct from the surrounding older housing stock – something to consider if neighbourhood character matters to you.

Frequently Asked Questions

1. How does this property’s size compare to other homes in the area?
The living area (1,327 sqft) is close to the street average and in line with the city-wide median, but smaller than the typical home in the West Kildonan Industrial community, where the average is 1,591 sqft. The lot (2,513 sqft) is noticeably smaller than both the community average (3,839 sqft) and the city average (6,570 sqft).

2. Why is the assessed value lower than the street and community averages?
The assessed value reflects market conditions and property characteristics at the time of assessment. Although the home is newer, its smaller lot size and potentially more modest interior specifications compared to larger or more upgraded homes on the street likely contribute to the lower valuation.

3. Is the 2019 construction a significant advantage in this neighbourhood?
Yes. The median build year for homes city-wide is 1966, and for the West Kildonan Industrial community it’s 2021. This means the property is newer than the vast majority of Winnipeg homes, which often means more efficient systems, modern insulation, and less deferred maintenance. It also means the home is likely to comply with current building codes.

4. How does the property compare to the “average” Winnipeg home?
It is newer than 96% of homes city-wide. It is slightly below average in living area (city average: 1,342 sqft) and well below average in lot size. Its tax assessment is also below the city-wide average of $390,000, placing it in the bottom 40% for assessed value.

5. What should I consider about the small lot size?
A smaller lot generally means less yard maintenance, less snow clearing, and less outdoor space for gardening, play, or expansion. If you value a large private yard or plan to add structures like a garage or deck, this property may not suit those needs. It is, however, typical for a newer, lower-maintenance home in an established area.