Property Summary: 335 Peguis Street, Winnipeg

Key Characteristics & Appeal

This is a modern, low-maintenance home built in 2021, offering a turn-key living experience in the Peguis neighbourhood. Its primary appeal lies in its contemporary construction and efficient use of space. At 1,400 sqft, the living area is notably spacious for its immediate street, ranking in the top 3% among the 31 comparable homes on Peguis Street. The assessed value of $363k is above average for the street but positions the home as a more accessible entry point within the broader Peguis area, where average values are significantly higher.

The property suits buyers seeking a newer build who want to avoid the immediate renovations or upkeep often required with older homes. It’s ideal for professionals, small families, or downsizers looking for a modern, manageable space. A thoughtful perspective is that while the lot size is smaller than typical for the city, this translates to less exterior maintenance, which can be a hidden benefit for those preferring to spend less time on yard work. The data suggests you are paying a premium for the modern build quality and floor plan efficiency rather than for extensive land.

Frequently Asked Questions

1. How does the value of this home compare to the wider area?
The home’s assessed value is above average for its specific street but below the average for the larger Peguis area. This indicates it may offer relative value within a desirable neighbourhood where many homes are valued higher.

2. What are the implications of the lot size?
The land area is 2,820 sqft, which is below average for both the Peguis area and Winnipeg overall. This means smaller outdoor spaces but typically less maintenance. It’s a trade-off that prioritizes the home itself and its modern amenities over a large yard.

3. What can the sale history tell me?
Public records show it last sold in March 2021. For verified, exact sale prices and a full transaction history, you can request a manual lookup by email through the listing site, as this data is not sourced from the MLS.

4. Is this a good investment compared to other homes on the street?
The home ranks highly on its street for living space (top 3%) and assessed value (top 10%), suggesting it is a competitive and desirable property within its most immediate market context.

5. What does the "Elite" ranking for year built city-wide mean?
Being in the top 2% for year built across all of Winnipeg highlights that this is a very new home compared to the city's overall housing stock, which has an average build year of 1966. This is a key feature for buyers concerned with modern building standards, energy efficiency, and newer components.