74 Taurus Way – Property Summary

Key Characteristics & Buyer Profile

This is a 1,852 sqft home built in 2020, sitting on a 4,015 sqft lot. Its assessed value is $515,000.

The property’s strongest points are its living space and assessed value relative to the broader market. City-wide, it ranks in the top 15% for living area and top 17% for assessed value, meaning you’re getting a home that is noticeably larger and more valuable than the typical Winnipeg house. The 2020 build year puts it in the top 3% city-wide for newness, so major systems and finishes are recent.

That said, the street itself is fairly average. On Taurus Way, this home is mid-pack for living area, value, and lot size. The lot (4,015 sqft) is actually smaller than the street average and well below the city-wide average, which reflects a trend of newer subdivisions trading yard space for newer construction.

What’s not immediately obvious is the tension between the home’s above-average city ranking and its average street standing. You’re buying one of the newer, larger homes in Winnipeg, but on a block where that’s fairly standard. The appeal lies in getting a modern, move-in-ready home without paying a premium for a standout lot or a street where this house would be exceptional. It’s a solid, comfortable choice, not a flashy one.

This property suits buyers who prioritize a newer, efficient home over a large yard. It’s a good fit for professionals or small families who want a low-maintenance property in a relatively new area, and who value being above the city median for space and quality without needing a top-tier lot. Someone looking for a fixer-upper with acreage should look elsewhere.

Five Possible FAQs

1. How does this home's value compare to others in the area?
On Taurus Way, this property’s assessed value of $515,000 is around the street average of $534,800. But in the wider West Kildonan Industrial neighborhood, it’s well above the average of $442,900. City-wide, it sits in the top 17% of comparable homes.

2. The lot is 4,015 sqft—is that considered small?
It depends on your benchmark. On this street, the average lot is 5,153 sqft, so this property is on the smaller side. However, it’s slightly larger than the neighborhood average of 3,839 sqft. Compared to the city-wide average of 6,570 sqft, it’s below average. This is common for newer infill or subdivision homes where yards are often smaller.

3. When was this house built, and is that a major advantage?
It was built in 2020. That puts it in the top 3% newest homes city-wide, which is a significant advantage. You’re unlikely to face major updates (roof, furnace, windows) for many years. However, on Taurus Way itself, many homes are similarly new, so it won’t stand out from neighbors in that regard.

4. What is the neighborhood like (West Kildonan Industrial)?
Despite the name, this area is primarily residential. The “Industrial” designation often applies to broader zoning boundaries in Winnipeg property data, not the immediate character of the street. The home ranks in the top 19% for both living area and assessed value within this neighborhood, suggesting it’s one of the larger, higher-value homes in a generally established area.

5. Is the assessed value a reliable guide to market price?
Assessed value is a baseline, not a guarantee. This home’s value is above neighborhood and city averages but on par with its street. Market price will also depend on condition, upgrades, and current demand. The assessment suggests the property is not overpriced relative to similar homes, but final sale price can vary above or below that figure depending on competition and timing.