79.0
Good
Property score
79.0
Good
Overall 79.0
Smaller than most nearby homes
1,405 sqft (bottom 30%)
Built in 2017
Located in a high-income area
with median household income of ~89k
Transit 88.0
2-min walk to transit with 3 nearby routes
Within 500m: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
13% smaller than neighborhood avg.
Year Built
Near average
0 yrs newer than neighborhood avg.
Mother tongue
English · 51%Punjabi · 12%
Past 10 years Peguis sales snapshot (~80% of all data)
887
505.3k
$321/sqft
2017
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79.0 is composed by the two sections below.
Property Score
Community Score
Peguis
How to read: Share of sales in each ~$50k price band for “peguis” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111251
$89K
Median household income
$95K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
23%
Single-person households
31%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
306 Philip Lee Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 252 m).
Peguis · WPS public data · 2026
Annual incidents
15
2026
vs. city avg
-49%
relative to avg
Year-over-year
▼ -91%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 31% | Top 16% | Top 10% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 13% | Bottom 21% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 306 Philip Lee Drive, Winnipeg
Key Characteristics & Appeal
This well-situated home at 306 Philip Lee Drive presents a compelling blend of modern build quality and established neighborhood value. Built in 2017, the property is notably newer than the vast majority of Winnipeg homes, placing it in the top 5% city-wide for age. This translates to less immediate concern for major system replacements and likely modern building standards.
The 1,405 sqft living area is comfortably sized, ranking around the middle for its immediate street and the broader Peguis area. Its true standout features are its assessed value and lot size within the community. With an assessed value of $533,000, it sits above average for both Peguis and Winnipeg overall, suggesting a perception of solid value. The 6,071 sqft lot is notably larger than many in Peguis, offering above-average outdoor space.
The home’s appeal lies in its balance. It’s not the largest or most expensive on the block, but it holds a strong, above-average position in the wider market. It suits buyers looking for a relatively new construction home in a mature neighborhood, who prioritize a generous lot and a property that has demonstrated value growth since its last sale in 2017. It would particularly suit a young family or professional couple seeking a move-in ready home with room to grow outdoors, without the premium of a brand-new subdivision.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold in October 2024 for an estimated $550,000-$600,000. This sale price ranked in the top 10% city-wide, significantly higher than its assessed value ranking, indicating strong market demand at the time of sale.
2. Is the lot size typical for the area?
The lot is above average for the Peguis area, ranking in the top 19%. This means you’re getting more outdoor space than most properties in the immediate community.
3. What does the "Elite" ranking for year built mean?
This indicates the home, built in 2017, is newer than approximately 95% of all residential properties in Winnipeg. You are buying a modern structure in a city with many older homes.
4. Has the property appreciated in value?
Yes. Previous sale data shows it sold for between $350,000-$400,000 in May 2017, shortly after being built. The 2024 sale price represents a significant increase over that seven-year period.
5. Where can I see more detailed comparisons with neighboring properties?
A dedicated neighbourhood analysis page is available to map this home alongside nearby houses, allowing for detailed comparison of year built, living area, assessed value, and lot size.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
