Property Summary: 414 North Point Boulevard

Key Characteristics & Appeal

This is a newly built home (2023) that offers a solid, straightforward package—especially for buyers who prioritize a modern build over a large yard or a high-end neighbourhood address. At 1,358 square feet of living space, it’s slightly smaller than the West Kildonan Industrial average but right in line with citywide norms. The assessed value of $357,000 is also below the neighbourhood median, which reflects the area’s mix of older and newer infill homes rather than any deficiency in the property itself.

Where this house really stands out is its construction year. Citywide, it ranks in the top 1% for newness—most Winnipeg homes were built in 1966. On its street and in the neighbourhood, it’s also among the newest, beating the local average by a couple of years. For a buyer who wants a move-in-ready home without the deferred maintenance of a mid-century house, that’s a meaningful advantage.

The land is where trade-offs become clear. At 2,991 square feet, the lot is generous for the immediate street (top 11%), but it’s small compared to citywide norms, where the average lot is more than double that size. This isn’t a property for someone wanting a big garden or space for an RV. It suits buyers who value a newer, efficient home on a manageable lot, in a neighbourhood that’s more industrial and less polished than the city’s pricier suburbs.

Best suited for: First-time buyers, downsizers, or investors looking for a low-maintenance, modern home in a developing area. Less ideal for families who want a large yard or buyers who equate older, established neighbourhoods with higher resale stability.

Five Possible FAQs

1. Why is the assessed value lower than the neighbourhood average?
The neighbourhood average ($442,900) is pulled up by older, larger homes on bigger lots, especially in the more established parts of West Kildonan Industrial. This property is newer and slightly smaller than those, so its assessment reflects that difference. It’s not a sign of poor condition.

2. The lot size ranks high on the street but low citywide—what does that mean practically?
On North Point Boulevard, most houses sit on smaller lots (average 2,598 sqft), so this one is above average for the block. Citywide, especially in older Winnipeg neighbourhoods, lots are often much larger (6,570 sqft average). You get a decent-sized yard for the immediate area, but don’t expect a sprawling lawn.

3. Is this a good area for resale value?
That depends on how the neighbourhood evolves. West Kildowan Industrial is a mixed area with some industrial uses, so it may not appreciate as quickly as purely residential districts. However, a 2023 build will hold its value better than a fixer-upper, and the low land area keeps property taxes relatively manageable.

4. How does the living space compare to other new homes in Winnipeg?
At 1,358 sqft, it’s close to the citywide average for comparable homes (1,342 sqft). It’s considered “around average” both on the street and across Winnipeg. You aren’t getting a compact or oversized floor plan—just a standard modern layout.

5. What does “Ranked #1,331 out of 194,458 citywide” for year built really mean?
Out of nearly 200,000 homes in Winnipeg, only about 1,330 are newer than this one. That places it in the top 1% of newest homes in the entire city. For perspective, most homes in Winnipeg are 50–60 years old. If you want a house that won’t need major upgrades for a decade or more, this is a rare find.