Key Characteristics & Appeal

This 2022-built home at 243 Orion Crescent stands out for its size, value, and relative newness across multiple levels of comparison. With 2,014 square feet of living space, it ranks in the top 26% on its street, top 12% in the West Kildonan Industrial community, and top 11% citywide. The assessed tax value of $632,000 is even stronger—top 7% on the street, top 3% in the community, and top 6% across Winnipeg—indicating the property holds above-average market weight for its location.

The lot is generous at 6,752 square feet, notably larger than both the street average (4,976 sqft) and community average (3,839 sqft), which gives it a practical advantage for outdoor space without reaching the oversized lot costs of some suburban comparables. Its construction year (2022) is among the newest on the street (top 2%) and in the top 1% citywide, meaning the original systems, roof, and finishes are still essentially new—a meaningful consideration for buyers who want to avoid early maintenance surprises.

The appeal here is a home that performs well on paper but also offers real-world benefits: a newer build in an established area, a sizable lot that’s versatile rather than extravagant, and assessed value that points to solid equity positioning. It would suit buyers who prioritize efficiency and modern construction over character or vintage appeal—first-time buyers looking for a long-term hold, small families wanting room to grow without moving to distant suburbs, or anyone who values data-driven confidence in a property’s standing relative to its peers.

Five Possible FAQs

1. How does the home’s assessed value compare to similar homes in the area?
Above average in every context. On Orion Crescent, it ranks 8th out of 107 homes (top 7%), and within West Kildonan Industrial, it’s 22nd out of 664 (top 3%). Citywide, it lands in the top 6% of nearly 200,000 properties. This suggests the home is considered higher-value than most nearby options, which can be a sign of stronger resale potential.

2. Is the lot size typical for newer homes in this area?
It’s larger than typical for both the street and the community by a noticeable margin—about 36% bigger than the average lot on Orion Crescent and 76% bigger than the community average. That said, it’s still within a reasonable range citywide (top 19%), so it’s not an unusually large property. It offers more breathing room without the maintenance burden of a full acreage.

3. Why does the citywide “average year built” show 1966?
Many homes across Winnipeg were built in the mid-20th century, so the overall inventory skews older. This property, built in 2022, sits in the top 1% of all homes citywide by newness. That means most of the housing stock in the city is significantly older, which can matter for insurance, energy efficiency, and renovation needs—or lack thereof.

4. What does the “assessed total value” actually represent?
It’s the city’s estimate of market value for property tax purposes, not the listing or sale price. In this case, the value is high relative to the area, which may indicate the property has desirable features (newer construction, larger size) that the city’s assessment model picks up. It also means property taxes will be based on that higher figure—something to factor into monthly costs.

5. How recent is the construction, and what condition should I expect?
Built just two years ago, the home is essentially still in its builder-grade condition, with all major systems (HVAC, plumbing, electrical, roof) at near-zero age. There’s unlikely to be any deferred maintenance, but a newer build may also mean less character or established landscaping. For buyers used to older homes, it’s worth noting that the “settling in” period—like minor trim shifts or drywall cracks—may still be happening.