Property score
74.4
Good
Overall 74.4 · Smaller but newer than most nearby homes
1,327 sqft (bottom 18%) · Built in 2021 (4 yrs newer than avg)
Located in a high-income area with median household income of ~105k
Transit 86.0 · 3-min walk to transit with 4 nearby routes
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 58%Punjabi · 12%
Past 10 years Peguis sales snapshot (~80% of all data)
887
505.3k
$321/sqft
2017
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74.4 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: #46111253
$105K
Median household income
$113K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
18%
Single-person households
38%
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
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 38% | Bottom 13% | Bottom 48% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview: 331 Peguis Street, Winnipeg
Key Characteristics & Appeal
This home is a modern, low-maintenance property built in 2021, offering a move-in-ready experience in Winnipeg's Peguis neighborhood. Its primary appeal lies in its contemporary construction, which places it in the top 2% of homes city-wide for age, suggesting minimal immediate repair costs and modern building standards. With 1,327 sqft of living space, it provides comfortable, average-sized interiors for the city, though it sits on a smaller, urban-friendly lot.
The property presents a compelling value proposition. Its assessed value of $344k is notably below the area average, positioning it as a more affordable entry point into a neighborhood where typical homes are assessed significantly higher. This combination of new construction and a relatively accessible price point is its standout feature.
It would best suit first-time homebuyers or downsizers seeking a modern, manageable home without the upkeep of an older property. It’s also a practical choice for investors or buyers who prioritize newer mechanical systems and interior finishes over larger yard space, as the lot is compact compared to most in the wider area.
Frequently Asked Questions
1. Is this a good value for the neighborhood?
The data suggests it is. The home's assessed value is in the bottom 3% for the broader Peguis area, where average values are around $488k. You are acquiring a much newer home (2021 vs. an area average build year of 2017) at a notable discount to the local market.
2. What does the "Elite" ranking for year built mean?
This indicates the home is newer than approximately 98% of all residential properties in Winnipeg. In a city with a median home age from 1966, a 2021 build is a significant rarity, offering modern amenities, energy efficiency, and warranty potential.
3. How does the lot size impact the property?
The land area is 2,309 sqft, which is typical for its immediate street but is in the bottom 4% city-wide. This means outdoor space is limited, reducing maintenance but also offering less privacy and room for expansion. It aligns with a low-maintenance lifestyle.
4. What can the 2021 sale price tell me?
The home sold for an estimated $300k-$350k in 2021. Comparing that to the current $344k assessment indicates stable value growth in line with the market, with no signs of unusual volatility.
5. Why is the living area considered "below average" for Peguis?
While the home's size is standard for Winnipeg overall, the Peguis area specifically tends to have larger homes (average 1,607 sqft). This highlights that the neighborhood offers a mix of home sizes, and this property is on the more compact, efficient end of that spectrum.
