Property score
75.3
Good
Overall 75.3 · Smaller but newer than most nearby homes
1,332 sqft (bottom 20%) · Built in 2021 (4 yrs newer than avg)
Located in a high-income area with median household income of ~105k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 park nearby
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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75.3 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
34 Dr. Michael K. Grace Lane — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 377 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 5% | Bottom 36% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview: 34 Dr. Michael K. Grace Lane, Peguis, Winnipeg
Key Characteristics & Appeal
This is a modern, low-maintenance home built in 2021, offering a move-in-ready condition with the benefits of recent construction, such as updated building codes and modern systems. With 1,332 sqft of living space, it provides a comfortable footprint that is typical for its immediate street but is notably more compact compared to many homes in the wider Peguis area and across Winnipeg.
Its primary appeal lies in its balance of new construction and value. The assessed value of $342k is significantly below the Peguis neighbourhood average, presenting a more accessible entry point into a desirable area. This creates a unique proposition: a newer home in an established neighbourhood without the premium price tag often associated with new builds in such locations.
The property would suit first-time buyers or downsizers seeking a modern, manageable home without extensive yard work, as the lot is smaller than city norms. It’s also a pragmatic choice for value-conscious buyers who prioritize the condition and efficiency of a newer build over larger square footage or lot size. A less obvious perspective is its potential appeal to those interested in newer infrastructure; being one of the newest homes on its street and in the top 2% city-wide for age, it likely offers contemporary efficiency and minimal immediate repair concerns.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighbourhood average?
The assessed value is based on the property's specific attributes, including its smaller lot size and living area compared to many larger, older homes in Peguis. This results in a lower valuation, which can mean relatively lower property taxes.
2. What does the smaller land area mean for me?
The 2,716 sqft lot requires less maintenance than a standard city lot, which is a benefit for those seeking low upkeep. However, it may limit options for large additions, decks, or extensive landscaping.
3. How reliable is the sold price data from 2021?
The provided sold price range is based on publicly available data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup from the site via email.
4. Is this a good investment compared to older homes on the street?
As one of the newest homes on the street (top 5%), it may have lower near-term maintenance costs. Its value proposition is different from older, potentially larger homes; it trades square footage and land for modern construction and efficiency.
5. What are the implications of the living area being "below average" for Peguis?
The home's size is perfectly average for its street but smaller than the Peguis norm. This suggests the immediate area may have a mix of home sizes, and buyers should ensure the layout and square footage meet their spatial needs compared to other available options in the broader neighbourhood.
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