214 Orion Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 2021-built home with 1,646 sq ft of living space on a 5,120 sq ft lot, located in the West Kildonan Industrial area of Winnipeg. Its assessed value is $474,000.

What stands out most is the construction year. Built in 2021, it ranks in the top 2% city-wide for newer homes—most properties in Winnipeg date to the mid-1960s. The living space is slightly above the city average (top 23%), and the lot is generous for the neighbourhood (top 12% in the community, though only middling city-wide). The assessed value is above the city norm but below the immediate street average, which suggests the street itself has some higher-value properties.

The appeal here is straightforward: a relatively new house with modern build standards, without the premium of a brand-new development. It’s not oversized, but the space is functional for a family or couple. The land is decent for a newer infill—enough for a yard without being excessive.

This property suits buyers who want something built in the last few years but prefer an established street over a new subdivision. It’s a good fit for someone looking for lower maintenance (newer roof, systems, windows) and a house that likely meets current energy codes. Not ideal for someone chasing maximum square footage or an ultra-large lot.

Frequently Asked Questions

1. How does this property compare to others on the same street?
On Orion Crescent, this home is slightly smaller (top 58%) and lower in assessed value (top 71%) than the street average. It’s newer than most, ranking in the top 18% for construction year. So it’s not the standout on the block, but it offers a newer build at a relatively accessible price point for the street.

2. Is the lot size good for the neighbourhood?
Yes. At 5,120 sq ft, it’s above the community average for West Kildonan Industrial (3,839 sq ft) and ranks in the top 12% locally. City-wide, it’s about average, because older suburbs often have larger plots. So you’re getting a decent yard for this area, but it’s not exceptional by older Winnipeg standards.

3. How does the assessed value relate to market price?
The assessed value of $474,000 is for property tax purposes, not a guaranteed market price. It’s above the city average ($390,000) but below the street average ($522,000). This can indicate the home is priced reasonably for its newer construction, but a market appraisal and recent comparable sales would give a clearer picture.

4. What are the potential downsides of a 2021 build?
Newer builds often use engineered materials and modern construction methods, which can be efficient. However, some buyers note that build quality in the post-2020 boom years varied depending on the builder. It’s worth checking the specific builder’s reputation and any warranty remaining. Also, newer lots in established areas can sometimes have less mature landscaping than older properties.

5. How does this home fit for someone looking to live long-term?
The combination of a modern build, decent living space, and a usable lot makes it a solid long-term option for a small family or couple. It avoids the headaches of an older home (knob-and-tube wiring, lead pipes, outdated insulation) while being in an established neighbourhood with existing amenities. The main question is whether the layout and square footage will still suit you in 10–15 years.