Key Characteristics & Buyer Profile

This is a 2021-built home with 1,520 sq ft of living space on a 2,868 sq ft lot, located on Libra Street in Winnipeg’s West Kildonan Industrial area.

Its standout feature is the construction year—brand new relative to most Winnipeg homes (built 2021, ranking in the top 2% citywide). The living space is solidly above average for its street and the city as a whole, though slightly below the surrounding neighbourhood average of 1,591 sq ft. The land parcel, at roughly 2,868 sq ft, is modest by Winnipeg standards (bottom 10% citywide), which is typical for newer infill or row-style housing rather than older detached homes with large yards.

The property’s assessed value of $389,000 sits slightly above its street average but below the broader neighbourhood average of $443,000—suggesting a more affordable entry point into a higher-value area. The home’s appeal lies in its newness and efficient use of space, rather than land size or interior square footage alone.

This property would suit buyers who prioritize a modern, low-maintenance home in an established neighbourhood, and who don’t need a large yard. It’s likely a good fit for first-time homeowners, downsizers, or investors looking for newer construction without the premium price of larger homes nearby. The trade-off is clear: a newer house with smaller lot, in a neighbourhood where older homes often sit on bigger parcels.

Five Possible FAQs

1. How does the property’s size compare to other homes nearby on Libra Street?
The living area (1,520 sq ft) ranks 8th out of 46 homes on this street, putting it in the top 17%. The street average is 1,412 sq ft, so this home is moderately larger than most of its immediate neighbours. The lot, however, is average for the street (13th of 46) but much smaller than the neighbourhood and city norms.

2. Is the assessed value of $389,000 a good indicator of market price?
Assessments are not the same as market value, but they provide a baseline. In this case, the home is assessed above the street average ($377,000) and well below the neighbourhood average ($443,000). This suggests the property may be priced competitively relative to the wider area, but local market conditions, finishes, and recent sales would determine actual pricing.

3. The land area is in the bottom 10% citywide. Does that affect livability?
It depends on your expectations. A 2,868 sq ft lot is common in newer subdivisions and infill projects, and it keeps yard maintenance low. If you want a large garden, space for a workshop, or room for expansion, this lot would feel constrained. If you want a newer home without the upkeep of a big property, it’s a practical trade-off.

4. Why is the build year (2021) considered “extremely good” for Winnipeg?
The average construction year across all Winnipeg homes is 1966, so a 2021 build is newer than about 98% of city properties. That means modern building codes, better energy efficiency, and typically fewer immediate repair needs. It also ranks first on Libra Street, which has an average build year of 2020.

5. Is this a detached house or part of a multi-unit development?
The data provided doesn’t specify the property type, but the living area and lot size are consistent with a newer detached infill home, or possibly a townhouse-style unit on a small lot. To confirm, you’d need to check zoning, the building’s configuration, and whether there are shared walls or common areas.