Property Overview: 301 Peguis Street, Winnipeg

Key Characteristics & Appeal

This home at 301 Peguis Street is a modern, low-maintenance property built in 2022, offering a move-in-ready experience in Winnipeg's Peguis neighborhood. Its primary appeal lies in its contemporary construction, requiring minimal immediate upkeep compared to much of the city's older housing stock. With 1,327 sqft of living space, it sits comfortably above average for its specific street and is on par with the typical Winnipeg home, providing practical space for everyday living.

The data reveals a nuanced position: while the home is newer than over 99% of city-wide comparables and is the newest on its block, it sits on a smaller, more urban-style lot. This translates to less yard maintenance but also less private outdoor space—a trade-off that defines its character. The assessed value is notably below the neighborhood average, potentially indicating a more accessible price point within Peguis, which may appeal to budget-conscious buyers seeking modern amenities without a premium lot size.

This property would suit first-time homebuyers or downsizers looking for a modern, efficient home without the worries of aging systems or major renovations. It's also a practical choice for those with busy lifestyles who prefer to spend less time on yard work and more on enjoying their new home.

Frequently Asked Questions

1. Is this a good value for the Peguis neighborhood?
The assessed value is significantly below the neighborhood average, which suggests you may be acquiring modern construction at a price point that is competitive for the area, though likely reflecting the smaller lot size.

2. What does the "below average" land area mean for daily life?
The lot is compact, especially compared to others in Peguis. This means lower maintenance and potentially lower landscaping costs, but also limited space for additions, large gardens, or extensive private outdoor recreation.

3. How does the age of this home compare to others nearby?
It is exceptionally new. Built in 2022, it is the newest home on its street and newer than roughly 99% of comparable homes across Winnipeg, offering contemporary building standards and materials.

4. What can the sold price history tell me?
The home last sold in early 2022. To understand its market trajectory and get exact historical sale figures, you would need to request a manual lookup from the site, as precise MLS data is not published here.

5. Who might this property not suit?
Buyers prioritizing a large, private yard, those looking for a value-play centered on lot size, or families seeking extensive outdoor space for children or pets might find the compact lot a limitation. It appeals more to those valuing the home itself over the land it sits on.