410 North Point Boulevard – Property Summary

Key Characteristics & Buyer Suitability

This property is a newly built home (2024), which puts it in the top 1% of homes citywide by age. In a market where the average Winnipeg home was built in 1966, that’s a significant advantage for anyone who wants modern construction without the immediate maintenance concerns of an older house.

The living area is 1,327 square feet, which is slightly below the average for its own street and well below the community average of 1,591 sq ft. That said, it’s close to the citywide average and lands in the top 40% overall—so it’s not small by Winnipeg standards, just compact compared to the West Kildonan Industrial neighbourhood. Buyers who prioritize a newer build over maximum square footage will find the trade-off reasonable.

The assessed value sits at $381,000, which is very close to both the street and city averages. Notably, it’s well below the community average of $443,000, meaning this home is priced more modestly than many of its nearby neighbours. That could appeal to buyers who want to live in a newer development without paying a premium for the area.

The lot is 2,591 sq ft—right on par with other homes on North Point Boulevard, but significantly smaller than the community and city averages. This is a denser, more efficient lot size, which suits buyers who prefer lower yard maintenance or are more focused on the interior condition than outdoor space.

Ideal buyer: Someone who values a brand-new, low-maintenance home in a newer subdivision, doesn’t need a large lot, and is comfortable with a living space that’s average for the city but slightly smaller than the surrounding community. First-time buyers, downsizers, or investors looking for a modern asset with good assessed-value positioning would find this a practical fit.

Frequently Asked Questions

1. How does the living space compare to other new builds in Winnipeg?
At 1,327 sq ft, it’s slightly below the citywide average of 1,342 sq ft, but well within typical range for a modern single-family home built in the last few years. Newer construction in Winnipeg often prioritizes efficient layouts over raw square footage, so this is not unusual for a 2024 home.

2. Why is the assessed value lower than the community average but close to the street average?
The street (North Point Boulevard) has a mix of homes with assessed values averaging $375,000, so this home is slightly above that. The broader community (West Kildonan Industrial) includes larger, older homes on bigger lots that push the average up to $443,000. This property sits in a more affordable pocket within the area.

3. Is the small lot a drawback?
It depends on your priorities. The lot is 2,591 sq ft, which is typical for this street but well below the community average. For buyers who don’t want a large yard to maintain or are more interested in the home itself, this is a practical choice. For those wanting space for gardening, a shed, or privacy buffers, it may feel tight.

4. What does the “top 1%” build year ranking actually mean?
Out of nearly 195,000 properties citywide, only 128 are newer than this one. In practical terms, you’re getting a home with modern building codes, energy efficiency standards, and no deferred maintenance. Compared to the average Winnipeg home built in 1966, that’s a significant difference in both comfort and potential repair costs.

5. How does this property compare to others in the same price range?
At $381,000 assessed value, it competes with homes that are often older or on larger lots. The trade-off here is newness and lower maintenance versus more space or land. For buyers who prioritize a move-in-ready, modern home over square footage, this represents strong value relative to similarly priced options in older neighbourhoods.