215 Phoenix Way – Property Summary

Key Characteristics & Buyer Profile

This is a 2019-built home with 1,492 sq ft of living space on a 2,738 sq ft lot. Its standout feature is the construction year—the newest house on Phoenix Way (top 1% on the street, top 4% citywide), which places it well ahead of Winnipeg’s typical housing stock, averaging 1966. The living area is slightly above the city average (1,342 sq ft) and close to the street average, while the lot size is smaller than most properties in the neighbourhood (3,839 sq ft) and notably small citywide (top 92% means most lots are larger).

The assessed value is $376,000, which aligns closely with the street average but sits well below the community average of $443,000 and slightly under the city’s $390,000. This suggests the home offers relatively modern construction at a price point that isn’t inflated by neighbourhood or lot premiums.

Where the appeal lies: The main draw is the newness—minimal immediate maintenance, modern building standards, and a more efficient floorplan compared to older homes. The smaller lot also means less yard work, which some buyers see as a benefit. The price is reasonable for a newer home, especially in a city where many houses are decades older.

Who it suits: First-time buyers who want a move-in-ready property without major renovations, downsizers trading a larger older home for something newer and easier to manage, or anyone who prioritizes energy efficiency and lower upkeep over land size. It’s less suitable for buyers wanting a large yard or a home in a higher-valued neighbourhood.

Frequently Asked Questions

1. How does the property’s size compare to others in the area?
The living area (1,492 sq ft) is very close to the street average (1,430 sq ft) and slightly below the West Kildonan Industrial community average (1,591 sq ft). The lot (2,738 sq ft) is smaller than typical for both the street (3,048 sq ft) and the wider community (3,839 sq ft).

2. Why is the assessed value lower than the community average?
The home sits in a part of West Kildonan Industrial where assessed values are generally lower—the street average is $377,000, while the community overall averages $443,000. This often reflects differences in lot sizes, property ages, or location within the neighbourhood. At $376,000, this property is in line with its immediate street.

3. Is a 2019 build considered very new for Winnipeg?
Yes. Most homes in Winnipeg were built around 1966 (city average). Being built in 2019 puts this property in the top 4% newest citywide. It’s among the newest homes on its street (ranked 1st of 78) and is only slightly older than the newer infill average in the community (2021).

4. What does the smaller lot mean practically?
A 2,738 sq ft lot is a compact urban footprint. Expect a small backyard and modest frontage. This reduces time spent on lawn care, snow removal, and general outdoor maintenance. It also generally means less interior square footage per floor, so the 1,492 sq ft of living space is likely distributed over two storeys.

5. How does this home compare to newer infill houses in the area?
The community’s average construction year (2021) suggests several newer infill homes exist nearby. This property is only a couple of years older than those, so it’s comparable in age. However, the assessed value ($376,000) is noticeably lower than the community average ($443,000), which may indicate differences in finish level, lot size, or precise location within the neighbourhood.