Property Overview: 311 Peguis Street, Winnipeg

Key Characteristics & Appeal

This home at 311 Peguis Street is a modern, efficiently sized property built in 2021. Its primary appeal lies in its contemporary construction and manageable scale within a newer neighborhood. At 1,327 sqft, the living space is slightly above average for its immediate street and on par with the wider Winnipeg average, offering a comfortable footprint without excessive upkeep.

The data reveals a nuanced position: while the home is newer than the vast majority of city properties, its lot size is compact compared to both the neighborhood and city. This suggests a low-maintenance yard, which is a draw for some but a limitation for others. The assessed value sits comfortably below the neighborhood average, potentially indicating a more accessible entry point into the Peguis area. Its recent sale in early 2025 within the $400k-$450k range aligns with this, showing strong demand.

This property would best suit buyers seeking a modern, turn-key home with minimal immediate repairs, who prioritize interior space and new builds over expansive outdoor land. It’s a practical choice for first-time homeowners, small families, or professionals looking for a contemporary living space in a developing community, with the understanding that outdoor space is limited.

Frequently Asked Questions

1. How does the lot size compare, and what does it mean for me?
The land area is approximately 2,309 sqft, which is significantly smaller than the typical lot in both the Peguis neighborhood and Winnipeg overall. This translates to a very low-maintenance yard, ideal for those who don't want extensive gardening or landscaping chores. However, it may not suit those dreaming of a large private outdoor space, garden, or future additions like a sizable deck or shed.

2. The home is newer, but how does its value fit the area?
The assessed value is notably below the Peguis neighborhood average. This can mean a more affordable way to access a newer home in the area, but it's also reflective of the home's more compact lot size. It represents a trade-off: you're investing primarily in the modern structure itself rather than the land.

3. What does the recent sale history indicate?
The home sold in February 2025 for an estimated $400k-$450k, which placed it in the top 10% of sales on its street at that time. This suggests robust buyer interest and a competitive market for well-maintained, newer homes on Peguis Street specifically.

4. Is the living space adequate for a growing family?
At 1,327 sqft, the living area is above average for the street and average for the city. It provides a solid foundation for a small to medium-sized family. Buyers should consider their specific spatial needs, as the floor plan layout will be as important as the total square footage.

5. How can I get the exact historical sold prices?
The displayed sold prices are estimated ranges. To obtain the precise sale figures and full transaction history, you must request a manual lookup via email through the site. This is due to industry regulations that prevent the direct publication of certain sales data.