5 Orion Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 2020-built home with 1,976 square feet of living space on a 5,177-square-foot lot. The assessed value is $525,000.

The property’s strongest feature is its size and age relative to the broader market. Citywide, it ranks in the top 11% for living area and the top 3% for newness—most Winnipeg homes were built in 1966, so a 2020 build is uncommon. On its own street, however, the home is slightly smaller and slightly newer than the average, meaning it fits comfortably within the neighbourhood but doesn’t stand out dramatically there.

The lot is above average for the street and neighbourhood, but only average citywide. Winnipeg has many larger lots, so this won’t appeal to someone looking for acreage or a deep yard. It’s a standard urban lot for a newer infill or suburban-style home.

The assessed value is around average for Orion Crescent itself, but well above the neighbourhood and city medians—reflecting the newer construction and larger floor plan. This suggests the home carries a premium for its age and size, not for location or land.

This property would suit a buyer who wants a move-in-ready, modern home without the compromises of an older character house. It’s a good fit for someone who prioritizes interior space and a newer build over a large yard or a street with older, more established homes. First-time buyers with solid budgets or young families looking for a low-maintenance property should consider it. It’s less suited for investors seeking undervalued lots or renovators looking for pre-1960s character.

Frequently Asked Questions

1. How does the home’s age compare to others in the area?
On Orion Crescent, it’s one of the older homes—85% of properties were built later. But in the wider neighbourhood, it’s right around the average build year. Citywide, it’s extremely new (top 3%). So you’re getting a modern home in a street where many houses are even newer, but in a city where most are much older.

2. Is the lot size generous?
It’s above average for the street and neighbourhood, but the citywide average lot in Winnipeg is larger. You’ll have a decent yard compared to nearby properties, but it’s not oversized by local standards. If you want space for a garage extension or a big garden, check the lot dimensions carefully.

3. Why is the assessed value higher than the neighbourhood average?
The assessment reflects the home’s newer construction and larger living area, not land value. Many homes in West Kildonan Industrial are older and smaller, so they appraise lower. The premium here is for the building itself, not the location or lot size.

4. How does this home rank for resale value potential?
The fact that it’s in the top 16% citywide for assessed value, but average on its own street, suggests price growth may be more tied to neighbourhood trends than the home’s individual features. A newer home in a street of newer homes holds value steadily, but may not appreciate as sharply as a character home in a hot area.

5. What is the neighbourhood like for families or commuters?
The data doesn’t cover schools or transit, but West Kildonan Industrial is a mixed-use area. The home’s position on Orion Crescent is worth exploring on a map—check proximity to main routes, parks, and services. The lot and living area suggest a suburban-style setting, but actual character depends on adjacent properties.