90 Orion Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 2021-built home with 1,867 square feet of living space, placed on a 3,659-square-foot lot in West Kildonan Industrial, Winnipeg. Its standout feature is the year built: it ranks in the top 2% citywide for newer construction, in a city where most comparable homes date to 1966. The living area is above average at both the neighbourhood and city levels (top 15% citywide), and the assessed value of $489,000 reflects similar positioning—above average locally but slightly below the street’s $522,200 average.

The lot, however, is notably smaller than typical for the street (which averages 4,976 sq ft) and sits below the citywide norm. This creates a trade-off: you get a modern, efficiently sized home on a compact lot, rather than an older, larger property with more outdoor space. The appeal lies in the combination of new construction and a relatively accessible price point for its size. It would suit buyers who prioritize a move-in-ready, updated floor plan and lower maintenance over a large yard—first-time homeowners, downsizers, or anyone looking to avoid the renovation costs common in older Winnipeg homes. It’s less ideal for those wanting a garage or workshop footprint, or who value lot size as a deciding factor.

Frequently Asked Questions

1. How does the assessed value compare to other homes of similar age in the city?
Homes built in 2021 in Winnipeg are scarce—only about 2% of the city’s housing stock is that recent. At $489,000, this property is priced above the citywide average of $390,100 but sits below the average for its specific street. It likely reflects a premium for new construction while still being relatively affordable compared to newer builds in more central or established neighbourhoods.

2. Is a 3,659-square-foot lot a problem for resale value?
Not necessarily, but it depends on the buyer pool. Smaller lots are common in newer infill developments where efficiency is prioritized. However, on Orion Crescent, the average lot is about 4,976 square feet, so this home stands out as compact. Resale may be easier for buyers who want less yard work, but it could limit interest from families seeking space for gardens, sheds, or future additions.

3. Why is the assessed value below the street average if the home is newer and larger than many?
Newer construction doesn’t always mean higher valuation. The street average ($522,200) might include homes with larger lots, premium finishes, or more desirable locations within the crescent. This home’s smaller lot likely pulls its value down relative to neighbours, even though the building itself is newer. Assessed value also considers market trends in the immediate area, not just the structure.

4. What does “West Kildonan Industrial” mean for noise, zoning, or future development?
This neighbourhood includes a mix of residential and light industrial properties. You may have more nearby commercial or warehouse activity than in purely residential zones. This can affect noise levels, traffic, and long-term land use. It’s worth checking for any planned industrial expansions or zoning changes that could impact the area’s character.

5. How does the living area compare to newer homes in Winnipeg generally?
At 1,867 square feet, this home is about 39% larger than the average citywide comparable (1,342 sq ft) and comfortably above the neighbourhood average (1,591 sq ft). For a home built in 2021, this is a generous size—many newer infill homes in Winnipeg are in the 1,400–1,600 range. It offers more interior space than typical for its age and price bracket.