85.1
Excellent
Property score
85.1
Excellent
Overall 85.1
Larger but older than most nearby homes
1,993 sqft (top 12%)
Built in 2016 (1 yr older than avg)
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
Above average
24% larger than neighborhood avg.
Year Built
Below average
1 yrs older 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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85.1 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
314 Philip Lee Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 260 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 | Bottom 37% | Bottom 47% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 314 Philip Lee Drive, Winnipeg
Key Characteristics & Appeal
This home at 314 Philip Lee Drive is a modern, well-sized property built in 2016. Its primary appeal lies in offering above-average space and a contemporary build within a newer neighbourhood context. With nearly 2,000 square feet of living area, the home provides significantly more interior space than the average Winnipeg house, ranking in the top 15% on its own street and the top 12% in the broader Peguis area. The assessed value of $562,000 positions it as a premium property city-wide (top 11%), yet it is competitively priced amongst its immediate neighbours, suggesting good value for its specific locale.
The lot size is generous for the area, offering ample outdoor space. A thoughtful perspective is that this home represents a "sweet spot" in age: it's new enough to avoid the major maintenance issues of older homes but has been lived-in long enough for any initial construction kinks to have been resolved. It suits buyers looking for a move-in ready, spacious family home in a developed suburban setting, particularly those who prioritize interior square footage and a modern build over being in the very newest subdivision. The historical sale data shows it was purchased in 2016, indicating a potential long-term owner, which can often be a positive sign for property care.
Frequently Asked Questions
1. How does this home's value compare to others on the street?
Its assessed value is around the average for Philip Lee Drive, but it offers more living space than most. This suggests you may be getting more square footage for your dollar compared to neighbouring homes.
2. Is the price fair based on its last sale?
The home sold for between $400,000-$450,000 in 2016. The current assessed value of $562,000 reflects market appreciation over the last decade. For a precise comparison, you can request the exact historical sold price from the site via email.
3. What does the "below average" ranking for year built in Peguis mean?
This simply indicates that within the larger Peguis area, there are many newer homes (built after 2016). On its own street and city-wide, however, this home is considered newer than average. It's in an established, growing neighbourhood, not the latest phase of development.
4. How current and accurate is this sold price data?
The sold price data is sourced from public records, not the MLS, and is presented as a range. The site notes it is reasonably reliable but recommends requesting a manual lookup via email for fully verified, exact figures.
5. What can the neighbourhood analysis page show me?
This tool allows you to see this property on a map alongside nearby homes, visually comparing key metrics like year built, lot size, and assessed value to understand its context within the immediate streetscape.
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.
