Property Overview: 3 Sheilagh Ball Cove, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a modern, well-sized property built in 2021, offering a move-in-ready opportunity in Winnipeg's Peguis neighborhood. Its primary appeal lies in its balance of space, age, and value. With 1,900 sqft of living area, it provides above-average space compared to most homes in both the neighborhood and the wider city. Its 2021 build date places it among the newest 2% of homes city-wide, suggesting modern construction standards, minimal initial maintenance, and contemporary layouts.

The property’s assessed value of $512k presents a nuanced value proposition. It sits below the average for its own street, potentially offering a relative value within a newer, higher-value enclave. At the same time, it is above the citywide average, positioning it as a solid, mid-to-upper-tier home. The lot size is functional but more modest compared to others on the street, which may appeal to buyers seeking lower yard maintenance without sacrificing indoor space.

This home would best suit buyers looking for a modern, turn-key property who prioritize interior space and contemporary features over a large yard. It’s ideal for professionals or families wanting a home in a developing area without the wait or uncertainties of new construction. The value positioning makes it a strategic choice for someone entering a desirable street at a relatively accessible point.

Section 2: Frequently Asked Questions

1. Is this a good value for the street?
The data suggests it may be. The home’s assessed value is below the street average, meaning you could be acquiring a relatively newer home on this street at a lower entry point compared to neighbors.

2. What does the "Elite" city-wide ranking for year built mean?
It means this home is newer than approximately 98% of comparable properties across Winnipeg. This is a significant advantage, typically translating to newer major systems (like HVAC, plumbing, and electrical), modern energy efficiency, and less immediate need for costly updates or repairs.

3. How does the lot size impact the property?
At 4,369 sqft, the lot is smaller than many on Sheilagh Ball Cove. This means less yard for gardening or expansive outdoor recreation, but also reduced maintenance time and cost—a trade-off that many modern buyers appreciate.

4. The home sold in 2021. What can that tell me?
The previous sale occurred around the time it was built, likely from builder to first owner. This means the current sale would be its first re-sale on the open market, offering a chance to see how the property has been maintained and lived in.

5. Why is the living area considered "Around Average" on the street but "Above Average" everywhere else?
This indicates that Sheilagh Ball Cove is a street of notably spacious, newer homes. While this property fits right in on its block, it offers more interior space than the majority of homes in the broader Peguis area and across Winnipeg, highlighting the street’s overall premium nature.