Property Summary: 229 North Point Boulevard

Key Characteristics & Buyer Profile

This 2019-built home offers 1,327 square feet of living space on a 2,585-square-foot lot. Its size is typical for its street and roughly average for Winnipeg as a whole, though it sits below the average for the West Kildonan Industrial community. The assessed value of $364,000 is similarly average for its street and the city, but below the community norm.

The main draw here is the home’s age. Built in 2019, it places in the top 4% of all Winnipeg properties for newer construction, where the citywide average build year is 1966. That means modern building standards, energy efficiency, and lower immediate maintenance concerns compared to most homes in the city. The trade-off is a smaller lot—the land ranks in the bottom 6% citywide. This is a newer, lower-maintenance property in a price range that sits near city medians, not a home defined by space or prestige within its immediate neighbourhood.

This property would suit buyers who prioritize a move-in-ready, recent-build home with predictable costs over a large yard or a standout location. It’s a practical fit for first-time buyers, downsizers, or anyone who wants a relatively new home in an average price bracket, without paying a premium for extra land or a top-ranked street.

Frequently Asked Questions

1. How does the property’s size compare to other homes in the area?
Locally, the home is smaller than average. In the West Kildonan Industrial community, typical living space is around 1,591 square feet, and lots average 3,839 square feet. This property is below both those figures. On its own street, however, the living area and lot size are close to the norm.

2. Why is the assessed value lower than the community average?
The community average assessed value is $443,000, while this property is assessed at $364,000. Since the home is newer but sits on a smaller lot and has less living space than the community norm, the assessment reflects a lower overall value relative to the broader area.

3. Is the property’s age a significant advantage?
Yes. Winnipeg’s median build year is 1966, meaning more than half the city’s homes are over 55 years old. A 2019 build places this property in the top 4% citywide for construction recency. This typically means better insulation, modern electrical and plumbing, and fewer immediate repair needs.

4. What does the “rank” data actually mean?
The rankings compare this property against others within the same street, community (West Kildonan Industrial), and city (Winnipeg). For example, “land area: 94th percentile citywide” means that 94% of Winnipeg homes have larger lots than this one. Lower percentages indicate relative strength in that category.

5. Would this home qualify for first-time home buyer incentives?
That depends on the buyer’s location and the exact program. The property’s assessed value of $364,000 is below the typical price ceiling for several federal and provincial first-time buyer programs, but eligibility rules vary. Buyers should verify with a lender or mortgage broker to confirm.