Property Overview: 345 Peguis Street, Winnipeg

Key Characteristics & Appeal

This modern, 1,335 sqft home, built in 2021, presents a compelling mix of new construction benefits within an established neighbourhood context. Its primary appeal lies in its standout position on its own street. With the highest assessed value ($396k) on Peguis Street—placing it in the elite top 3% locally—it signals a premium, well-maintained property among its immediate neighbours. The home is efficiently sized, offering slightly above-average living space for the street, and sits on a lot that is also larger than most nearby.

The property suits buyers seeking a modern, low-maintenance home without the premium typically attached to brand-new subdivisions. It’s an ideal fit for professionals, small families, or downsizers who value newer builds (with contemporary standards and systems) but prefer the mature streetscape of an older area. A thoughtful perspective is that this home offers a "best-in-class" status on its block, which can provide a sense of value and stability, even as it sits within a wider city context where lot sizes and values are more average.

Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home sold in January 2024 for an estimated $400k-$450k, which was also in the top 3% for the street. This suggests the current assessed value is closely aligned with its recent market performance.

2. Is the lot size a concern?
At 3,076 sqft, the lot is generous for Peguis Street but below the average for both the broader Peguis area and Winnipeg overall. This is typical for newer infill properties and translates to less yard maintenance, which many modern buyers appreciate.

3. What does the "Elite" city-wide ranking for Year Built mean?
Being in the top 2% city-wide for a 2021 build simply highlights that most homes in Winnipeg are significantly older. It underscores this property's modern advantages, like updated building codes, newer appliances, and likely greater energy efficiency.

4. Why is the assessed value "below average" for the wider Peguis area?
The broader Peguis area includes many homes with larger lots and more square footage, which command higher values. This property's value is very strong for its specific, more modestly-scaled segment of the neighbourhood.

5. How can I get the exact historical sale prices?
The site provides estimated price bands. For fully verified, exact sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.