| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Year Built — | Top 1%1/121 Avg2020 Top 1%1/395 Avg2019 Top 1%1/26841 Avg1990 310-80 Philip Lee Drive: For Year Built. On Philip Lee Drive, Elite — Top 1%, rank 1 of 121, and comparable homes in that group average about 2020. in Peguis, Elite — Top 1%, rank 1 of 395, and comparable homes in that group average about 2019. citywide, Elite — Top 1%, rank 1 of 26841, and comparable homes in that group average about 1990. | ||
Living Area — | Top 1%1/121 Avg878 sqft Top 1%1/395 Avg955 sqft Top 1%1/26841 Avg1,042 sqft 310-80 Philip Lee Drive: For Living Area. On Philip Lee Drive, Elite — Top 1%, rank 1 of 121, and comparable homes in that group average about 878 sqft. in Peguis, Elite — Top 1%, rank 1 of 395, and comparable homes in that group average about 955 sqft. citywide, Elite — Top 1%, rank 1 of 26841, and comparable homes in that group average about 1,042 sqft. | ||
Assessed Value 27.20k | Top 35%42/121 Avg25.50k Top 44%173/395 Avg26.20k Top 36%9748/26841 Avg25.60k 310-80 Philip Lee Drive: For Assessed Value. On Philip Lee Drive, around average — Top 35%, rank 42 of 121, and comparable homes in that group average about 25.50k. in Peguis, around average — Top 44%, rank 173 of 395, and comparable homes in that group average about 26.20k. citywide, around average — Top 36%, rank 9748 of 26841, and comparable homes in that group average about 25.60k. | ||
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: colored length ≈ share of peers you outperform; vertical line ≈ median benchmark; white tick = your position. Badge tint: gold / blue / gray / dark gray for top ~1–5% / 5–30% / 30–70% / beyond.
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Property Overview & Key Characteristics
This property at 310-80 Philip Lee Drive in Winnipeg's Peguis neighbourhood presents a highly affordable entry point into the market, underscored by its notably low assessed value. Its standout appeal lies not in traditional features like a garage or finished basement, but in its exceptional statistical rankings. The home sits in the top 1% of its street, and the top 0% of both its neighbourhood and the entire city of Winnipeg for living area, indicating it is a substantially larger-than-average unit for its location. This creates a unique value proposition: maximum interior space for a minimal property tax base.
The home would suit pragmatic, value-driven buyers such as first-time purchasers seeking to minimize carrying costs, or investors looking for a high square-footage rental unit with a low tax overhead. It also appeals to those who prioritize interior living space over exterior maintenance, as the lack of a private garage or yard reduces upkeep responsibilities. A less obvious perspective is its potential appeal to multi-generational households or shared living arrangements, where the large interior area can be configured for separate living zones while sharing one very economical tax bill.
Frequently Asked Questions
1. Why is the assessed value so much lower than the nearby comparable properties?
The assessed value is based on municipal valuation formulas, which for condominiums or similar titled properties can be significantly influenced by factors like building type, unit size relative to others, and the overall financial structure of the condominium corporation, not just market trends.
2. What does ranking in the "top 0% for living area" actually mean?
This statistical ranking indicates that this specific unit has a larger interior square footage than 100% of the homes used for comparison in Winnipeg. Essentially, it is among the very largest units by living space when measured against a vast dataset of city properties.
3. Are there any monthly condo or maintenance fees?
The provided data does not list monthly fees. This is a critical piece of information to obtain, as fees can significantly impact the total monthly cost and would cover shared expenses like building insurance, exterior maintenance, and reserve funds.
4. The listing shows "Garage: None." Is there any dedicated parking?
While a private garage is not indicated, there may be assigned surface parking, a carport, or street parking. The specific parking arrangement for this unit must be confirmed, as it greatly affects convenience, especially in winter.
5. How should I interpret the "For Reference" and "Worth Viewing" comparable listings?
These are automated suggestions based primarily on assessed value or location. A "Worth Viewing" tag suggests a closer match in current market value, while "For Reference" properties may differ in key aspects like building type, age, or size, and are provided for broader context.
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