6 Avior Drive – Property Summary

Key Characteristics & Buyer Profile

This is a newly built home (2024) with a living area of roughly 1,708 square feet—above both the neighborhood and citywide averages. The assessed value is $111,000, which is notably low compared to the street average ($498,900), the neighborhood average ($442,900), and the citywide average ($390,100). The land parcel is 4,504 square feet, which is slightly above the street and neighborhood averages, but below the citywide average of 6,570 square feet.

The appeal here is subtle. On paper, the assessed value appears dramatically out of step with comparable homes. That could indicate a recent construction not yet fully reflected in the assessment, or a specific valuation approach that doesn't account for modern finishes or square footage. For a buyer, this is less about getting a bargain today and more about potential revaluation down the line—especially if the home is newer and larger than much of the surrounding stock.

This property would suit a buyer who is comfortable reading between the lines of municipal data. It may appeal to someone looking for a newer, relatively spacious home in an area where older, smaller homes are the norm. It's less suited for someone seeking immediate resale confidence or a straightforward comparison with nearby listings.

Five Possible FAQs

1. Why is the assessed value so much lower than the street and city averages?
The assessed value of $111,000 is far below the street average of $498,900. This could reflect the home being assessed before it was fully completed, or a conservative municipal valuation that hasn't caught up with the actual market. It's worth checking whether the assessment reflects the current state of the property and if a reassessment is pending.

2. Is the land size considered large or small for the area?
It's above average for the street and neighborhood. On Avior Drive, it ranks 28th out of 44 homes (top 64%), and in the broader West Kildonan Industrial area, it ranks 189th out of 664 (top 28%). Citywide, it's slightly below the average, but that's because the citywide figure includes properties with significantly larger lots.

3. How does the living area compare to other homes nearby?
It's larger than both the neighborhood average (1,591 sqft) and the citywide average (1,342 sqft). With no ranking data available at the street level, it's unclear exactly how it stacks up on Avior Drive, but it likely falls on the larger side.

4. What does the "Top 100%" ranking for assessed value actually mean?
Ranking #45 out of 44 on the street (top 100%) means the assessed value is the lowest on the street. The ranking system sorts from highest to lowest value, so being at the bottom of a 44-home list puts this property in the bottom tier for assessed value on Avior Drive.

5. Is this a good investment property?
That depends on whether the low assessment is temporary. If the home is new and the assessment hasn't been updated, there may be upside once it's reassessed. However, if the low value reflects something structural about the property's location or market perception, the upside may be limited. A buyer should compare recent sale prices in the immediate area, not just assessed values.