75.8
Good
Property score
75.8
Good
Overall 75.8
Smaller and older than most nearby homes
1,268 sqft (bottom 10%)
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
21% smaller 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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75.8 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
338 Philip Lee Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 295 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 | Top 48% | Top 27% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 338 Philip Lee Drive, Winnipeg
Key Characteristics & Appeal
This home, built in 2016, presents a balanced offering in the Peguis neighborhood. With 1,268 sqft of living space, it is a moderately sized home that sits around the average for its immediate street and the wider city, but is notably smaller than many homes in the broader Peguis area. Its true standout features are its lot size and value positioning. The 6,140 sqft land area is generously above average for Peguis, offering substantial outdoor space relative to many local lots. The assessed value of $522,000 tells a compelling story: while it is around average for Philip Lee Drive, it ranks well above average for both the Peguis area and the entire city, suggesting a strong perceived value in broader comparisons.
The appeal lies in this combination of a modern build (just 10 years old), a larger-than-average lot for the neighborhood, and a value assessment that positions it favorably against wider market benchmarks. It would suit buyers looking for a relatively newer home in a developed area without paying a premium for the largest interior square footage, but who prioritize outdoor space and a solid value proposition within the city context.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 1,268 sqft, the living area is smaller than the average home in the Peguis area but is close to the average size for the city of Winnipeg overall. On its own street, it ranks in the top 69%, meaning about a third of nearby homes are smaller.
2. What does the assessed value tell us about this property?
The $522,000 assessment is above average when compared to both the Peguis neighborhood and the entire city, ranking in the top 30% and 16% respectively. This indicates that for its lot size, age, and area, the property holds a strong assessed value relative to a broad range of comparable homes.
3. Is the lot size a significant feature?
Yes. The 6,140 sqft lot is a key asset, ranking in the top 18% within the Peguis area. This means it offers more outdoor space than over 80% of lots in the neighborhood, which is a notable advantage for a home of this age and value.
4. When was it last sold and for what price?
The property last sold in October 2021. The public record shows a sold price range of CA$500,000–$550,000. Exact sale figures require a manual lookup request through the site.
5. How does the year built affect its value and appeal?
Built in 2016, the home is significantly newer than the Winnipeg city-wide average home (built in 1966), ranking in the top 6%. This modern build age likely contributes to its above-average assessed value for the city and suggests potentially lower immediate maintenance costs compared to older stock.
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