29 Lyra Gate

West Kildonan Industrial, Winnipeg

Property score

72.8

Good

Overall 72.8 · Smaller and older than most nearby homes

1,296 sqft (bottom 9%) · Built in 2018 (3 yrs older than avg)

Located in a high-income area with median household income of ~105k

Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 dining spot nearby

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 45%Tagalog · 18%

Past 10 years West Kildonan Industrial sales snapshot (~80% of all data)

Sold Count

626

Median price

422.5k

$/sqft

$297/sqft

Avg build year

2021

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Property score

72.8 is composed by the two sections below.

Property Score

65.1Good
Living Area1,296 sqft66Good
Year Built201897Excellent
Lot Size1,930 sqft10Low
Neighbourhood Sales Activity93Excellent

Community Score

84.4Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

West Kildonan Industrial

How to read: Share of sales in each ~$50k price band for “west kildonan industrial” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110002

Community deep dive

$105K

Median household income

$112K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

13%

Single-person households

40%

Families with children

Population, labour & age

Population (2021)3,678
Labour force participation rate77%
Median age31.6
Avg household size3.2
Unemployment rate9%
Population density744 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households13%
Couple families with children40%
Median household income (2020)$105K

Housing

Renter households32%
Condominium dwellings4%
Median dwelling value (owners)$404K

Diversity, education & language

Immigrants (share of pop.)46%
Visible minority67%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 44%
Mother tongue (2nd)Tagalog · 17%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,296 sqft
0255075100
Same streetBottom 45%Same areaBottom 9%CitywideTop 42%
Same street · Lyra Gate
#12 / 22
Bottom 45% · Avg 1,232 sqft
Same area · West Kildonan Industrial
#602 / 664
Bottom 9% · Avg 1,591 sqft
Citywide · Winnipeg
#81,402 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

around average
339k
0255075100
Same streetBottom 45%Same areaBottom 8%CitywideBottom 42%
Same street · Lyra Gate
#12 / 22
Bottom 45% · Avg 329.4k
Same area · West Kildonan Industrial
#613 / 664
Bottom 8% · Avg 442.9k
Citywide · Winnipeg
#112,235 / 194,458
Bottom 42% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 5%Same areaBottom 17%CitywideTop 4%

Lot Size

around average
1,930 sqft
0255075100
Same streetTop 50%Same areaBottom 6%CitywideBottom 1%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

29 Lyra Gate — 1 amenities found within 500 m, across 1 categories, including 1 dining (nearest 434 m).

Search radius
🍽️Dining1

Crime & Safety

West Kildonan Industrial · WPS public data · 2026

Annual incidents

5

2026

vs. city avg

-83%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Violent

60%

Sales History

Sold 6/2023CA$300k–350k
Sold price

Same street

Bottom 38%

Same area

Bottom 22%

City-wide

Top 48%

Related homes

Highlights & common questions: 29 Lyra Gate, Winnipeg

29 Lyra Gate – Property Summary

Section 1: Key Characteristics & Buyer Profile

This is a 2018-built home with 1,296 square feet of living space on a 1,930-square-foot lot. The assessed value is $339,000.

The property's strongest feature is its age. Built in 2018, it ranks in the top 5% on its street and the top 4% citywide—a significant advantage in Winnipeg, where the average home was built in 1966. This means newer construction, better insulation, and likely fewer immediate repair concerns than most properties in the city.

The assessed value sits slightly above the street average ($329,400) but well below the neighborhood average ($442,900). This gap reflects something worth noting: the home is in a neighborhood (West Kildonan Industrial) where many properties are larger or more expensive, but this particular house is more modest in both size and price. The land area is also small—below average at every geographic level, and in the bottom 1% citywide. Buyers should expect a compact lot with limited outdoor space.

The living area is roughly in line with city averages, slightly above the street average but below the broader neighborhood. This is not a spacious family home, but it is not unusually small either.

Who it suits: First-time buyers looking for a newer, lower-maintenance home who do not need a large yard. Also suitable for someone downsizing from an older, larger property who wants something modern without moving to a far suburb. Less ideal for buyers who prioritize outdoor space or are expecting room to expand.


Section 2: Five Possible FAQs

1. How does this home's assessed value compare to others nearby?
It is slightly above the street average ($329,400) but significantly below the neighborhood average ($442,900). The neighborhood figure is pulled higher by larger or more expensive homes nearby, so this property represents a more affordable option within that area.

2. Is the small land area a concern?
It depends on your needs. At 1,930 square feet, the lot is in the bottom 1% citywide and well below the neighborhood average of 3,839 square feet. That said, a smaller lot means less yard maintenance. If you value outdoor space or gardening, this may feel tight.

3. Why does the home rank so much better on the street than in the neighborhood?
The street (Lyra Gate) consists of homes built around the same time—2018 is the average there. But the broader West Kildonan Industrial neighborhood includes many newer homes built as recently as 2021, which pushes down this property's rank. So while it is one of the newest homes on its street, it is not as new relative to the wider area.

4. What does "top 4% citywide for year built" actually mean?
Out of nearly 195,000 comparable homes in Winnipeg, only about 8,400 are newer than this one. That puts it ahead of 96% of the city's housing stock by age. For a city with a very old average home age (1966), that is a meaningful advantage in terms of energy efficiency, mechanical systems, and modern layout.

5. How was the assessed value of $339,000 determined?
Assessments are based on market value as of a specific date, using recent sales of comparable properties. The home's newer construction likely supports its value, while the small lot and modest living area keep it below pricier neighbors. Note that assessed value is not always identical to current market price—it is a baseline used for property tax calculations.

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