275 Avior Drive – Property Summary

Key Characteristics & Buyer Profile

This is a newer home (built 2024) in the West Kildonan Industrial area of Winnipeg, with a living area of approximately 1,708 square feet—well above both the neighbourhood (1,591 sqft) and city-wide (1,342 sqft) averages. The land is modest at 3,508 square feet, smaller than the street average of 4,457 sqft and notably below the city average of 6,570 sqft, though it sits right around the neighbourhood median.

The assessed value is $103,000, which is significantly lower than comparable homes on the street ($498.9k avg), in the area ($442.9k avg), and city-wide ($390.1k avg). This suggests the assessment may not reflect recent construction or market conditions—something worth verifying, as a new build typically would not rank in the bottom 1% city-wide unless there’s a data lag or unusual circumstances.

Appeal: The home offers modern construction and generous interior space on a compact lot. That combination appeals to buyers who prioritize a newer, efficient floor plan over a large yard. The low assessed value could be a starting point for property tax discussions, though it’s not a guarantee of final valuation.

Suitable buyers: First-time homeowners wanting a turnkey property without major renovation needs, or downsizers who want modern amenities without the maintenance of a larger lot. Investors might also take note if the assessment gap signals undervaluation.

FAQs

1. Why is the assessed value so low compared to similar homes?
The $103,000 assessment is far below local averages and likely reflects the property being assessed before its completion or before recent market appreciation caught up. New builds sometimes carry a lag between construction date and reassessment. You should confirm with the municipality whether this value will be adjusted upward in the next cycle.

2. How does the smaller lot affect daily living?
At 3,508 sqft, the yard is compact—typical for infill or newer subdivisions where land is at a premium. You’ll have less mowing and outdoor upkeep, but limited space for gardens, playsets, or large gatherings. If privacy between neighbours matters, check the setback distances in person.

3. Is this property in a flood‑prone or industrial area?
The neighbourhood is labelled “West Kildonan Industrial,” but that designation may refer to zoning history rather than current character. Check the specific street for nearby industrial operations, noise, or traffic. Flood risk should be verified via local flood maps, as many newer builds in Winnipeg are in areas with drainage considerations.

4. What does “Top 100%” ranking actually mean?
For both street and neighbourhood assessed value rankings, the property is at the very bottom (45th out of 44, 665th out of 664). This is a statistical quirk—it means the home ranks last in that peer group. The bar graph shows you outperform zero percent of comparable homes, so there’s no positive comparison to draw from these ranks.

5. How does the year built (2024) compare to other properties?
No ranking data is provided, but given the area’s average year built is 2021 and city-wide is 1966, this is a very new home. That includes advantages like modern insulation, wiring, and likely fewer immediate repair needs. However, it may also mean the landscape is still settling and the neighbourhood character is still evolving.