6 Orion Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 2021-built home with 1,766 sq. ft. of living space on a 3,901 sq. ft. lot in West Kildonan Industrial, Winnipeg. What stands out is how it compares across different scales. On its own street, Orion Crescent, the home is essentially average in size and assessed value—it fits in rather than stands out. But zoom out to the neighbourhood and city levels, and it performs well above typical benchmarks. The living area ranks in the top 23% of the neighbourhood and top 18% citywide. The assessed value of $510,000 follows a similar pattern: middle-of-the-road on the street, but well above the neighbourhood average of $442,900 and city average of $390,100.

The most distinctive feature is the build year. At just two years old (2021), it ranks in the top 2% citywide for newness. The lot is smaller than the street and city averages—something that often comes with a newer home in an established area. This isn't a sprawling property; it's efficient newer construction on a compact lot.

The appeal lies in getting a nearly new house with good square footage in a neighbourhood where comparable older homes are smaller and assessed lower. It avoids the premium you'd pay for the newest house on the block, while still outperforming most of the wider area. This would suit a buyer who wants modern construction and decent space without chasing the top of the street's price range. Someone moving from an older Winnipeg home who values energy efficiency, lower maintenance, and a layout that reflects current building standards would find this practical. It's less suited for someone wanting a large yard or the prestige of being the best house on its street.

Frequently Asked Questions

1. Is this a good value compared to other homes on Orion Crescent?
The assessed value is around average for the street, meaning you're not paying a premium to be on this crescent. However, the home is newer than most, so the value proposition is solid: you get a recent build without the street-level markup.

2. How does the lot size affect the property's usability?
At 3,901 sq. ft., the lot is smaller than both the street and city averages. This is common with newer infill homes. Expect a manageable yard, not a large one. If gardening or extensive outdoor space is a priority, this may feel tight. But for low-maintenance living, it's a plus.

3. Why does the home rank higher in the neighbourhood and city than on its own street?
Orion Crescent itself has relatively large, high-value homes. So this property is average in that specific company. But compared to the broader West Kildonan Industrial neighbourhood and Winnipeg as a whole—where many homes are older and smaller—it stands out clearly. It's a strong property in a strong pocket, not an outlier.

4. What does the 2021 build year mean in practical terms?
You avoid most major immediate maintenance issues: roof, furnace, windows, and foundation are all recent. The home should also meet current insulation and electrical codes. One trade-off is that the lot may not have mature trees or landscaping that comes with older properties.

5. How was the assessed value determined for a home this new?
Assessed value is based on market activity for comparable properties. Since the home was built in 2021, the assessment reflects recent sales and likely aligns closely with what a buyer would pay. It's not artificially low or inflated—it's benchmarked against similar homes in the area. The fact that it's average on the street but above average citywide suggests the street commands higher prices than much of Winnipeg.