334 Philip Lee Drive

Peguis, Winnipeg

81.9

Excellent

Overall 81.9

Older than most nearby homes

1,670 sqft (top 33%)

Built in 2016 (1 yr older than avg)

Located in a high-income area

with median household income of ~89k

Transit 88.0

1-min walk to transit with 3 nearby routes

Within 500m: 2 parks nearby

Living Area

Near average

4% 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)

Sold Count

887

Median price

505.3k

$/sqft

$321/sqft

Avg build year

2017

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Property score

81.9 is composed by the two sections below.

Property Score

85.8Excellent
Living Area1,670 sqft83Excellent
Year Built201697Excellent
Lot Size6,072 sqft81Excellent
Neighbourhood Sales Activity89Excellent

Community Score

76.0Good
Household Income80Excellent
Education Level72Good
Housing Stress52Fair
Core Housing Need88Excellent
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111251

Community deep dive

$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

Population, labour & age

Population (2021)5,901
Labour force participation rate73%
Median age33.6
Avg household size2.7
Unemployment rate9%
Population density2398 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households23%
Couple families with children31%
Median household income (2020)$89K

Housing

Renter households39%
Condominium dwellings23%
Median dwelling value (owners)$396K

Diversity, education & language

Immigrants (share of pop.)40%
Visible minority49%
Bachelor's or higher (25–64)39%
Mother tongue (1st)English · 50%
Mother tongue (2nd)Punjabi · 11%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,670 sqft
0255075100
Same streetTop 32%Same areaTop 33%CitywideTop 22%
Same street · Philip Lee Drive
#30 / 93
Top 32% · Avg 1,549 sqft
Same area · Peguis
#539 / 1,619
Top 33% · Avg 1,607 sqft
Citywide · Winnipeg
#43,038 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

above average
525k
0255075100
Same streetTop 48%Same areaTop 28%CitywideTop 16%
Same street · Philip Lee Drive
#45 / 93
Top 48% · Avg 543k
Same area · Peguis
#460 / 1,619
Top 28% · Avg 488.3k
Citywide · Winnipeg
#31,120 / 194,458
Top 16% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetBottom 38%Same areaBottom 27%CitywideTop 6%

Lot Size

above average
6,072 sqft
0255075100
Same streetBottom 43%Same areaTop 19%CitywideTop 29%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

334 Philip Lee Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 288 m).

Search radius
🌳Parks2

Crime & Safety

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%

Full crime data for Peguis →Winnipeg crime overview →

Sales History

Sold 4/2016CA$350k–400k
Sold price

Same street

Bottom 27%

Same area

Bottom 33%

City-wide

Top 36%

Related homes

Highlights & common questions: 334 Philip Lee Drive, Winnipeg

Property Overview: 334 Philip Lee Drive, Winnipeg

Key Characteristics & Appeal

This home presents a balanced, modern offering in Winnipeg's Peguis neighborhood. Built in 2016, it is a relatively recent construction that requires less immediate concern for major system updates compared to the city's older housing stock. With 1,670 sqft of living space, it provides above-average roominess for Winnipeg overall, while fitting comfortably within the norms of its immediate street and area.

The appeal lies in its solid positioning across key metrics. The assessed value of $525k sits above average for both the wider city and the Peguis area, suggesting good value retention, while the 6,072 sqft lot is notably larger than many in the local area. This combination offers a modern, move-in-ready home with a more generous outdoor space than is typical for the community.

It would best suit buyers looking for a low-maintenance, contemporary home in a developed neighborhood. It’s ideal for those who want space without the footprint of a massive estate, and who appreciate a property that holds above-average value relative to the broader market. A thoughtful perspective is that while the home is newer on a city-wide scale, it is among the older homes on its own street, indicating a well-established block where the initial development phase is complete.


Frequently Asked Questions

1. How does this home’s size compare to its neighbors?
At 1,670 sqft, the living area is slightly above the average for both Philip Lee Drive and the wider Peguis area, placing it in the top third for size locally. It offers more interior space than the typical Winnipeg home.

2. What does the assessed value tell us about the property?
The $525k assessment is above the average for both Peguis and Winnipeg overall. This indicates the property is valued higher than many comparable homes, which can reflect its condition, lot size, and modern build year.

3. Is the lot size a notable feature?
Yes. The lot of just over 6,000 sqft ranks in the top 19% within the Peguis area, meaning it is significantly larger than many nearby properties. This is a key differentiator for outdoor space.

4. The home was last sold in 2016. Can I get the exact sale price?
The provided data shows a sale price range. To obtain the exact historical sale figures, you must request a manual lookup via email from the service, as they do not display MLS records directly on the site.

5. How does the 2016 build year compare contextually?
While a 2016 build is newer than approximately 94% of homes city-wide, it is actually slightly older than the average home on its own street. This suggests the immediate neighborhood was developed around the same period and is now a mature, settled area.

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