347 Peguis Street

Peguis, Winnipeg

Property score

72.6

Good

Overall 72.6 · Smaller but newer than most nearby homes

1,248 sqft (bottom 9%) · 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

22% 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)

Sold Count

887

Median price

505.3k

$/sqft

$321/sqft

Avg build year

2017

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Property score

72.6 is composed by the two sections below.

Property Score

66.8Good
Living Area66
1,248 sqftGood
Year Built100
2021Excellent
Lot Size18
2,309 sqftLow
Neighbourhood Sales Activity89
Excellent

Community Score

81.3Excellent
Household Income87
Excellent
Education Level72
Good
Housing Stress63
Fair
Core Housing Need88
Excellent
Employment Health83
Excellent

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: #46111253

Community deep dive

$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

Population, labour & age

Population (2021)5,276
Labour force participation rate76%
Median age36.4
Avg household size2.9
Unemployment rate7%
Population density2536 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households18%
Couple families with children38%
Median household income (2020)$105K

Housing

Renter households30%
Condominium dwellings4%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority47%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 57%
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

around average
1,248 sqft
0255075100
Same streetBottom 16%Same areaBottom 9%CitywideTop 46%
Same street · Peguis Street
#26 / 31
Bottom 16% · Avg 1,326 sqft
Same area · Peguis
#1,468 / 1,619
Bottom 9% · Avg 1,607 sqft
Citywide · Winnipeg
#89,012 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

around average
328k
0255075100
Same streetBottom 6%Same areaBottom 1%CitywideBottom 38%
Same street · Peguis Street
#29 / 31
Bottom 6% · Avg 343.9k
Same area · Peguis
#1,617 / 1,619
Bottom 1% · Avg 488.3k
Citywide · Winnipeg
#120,015 / 194,458
Bottom 38% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetTop 19%Same areaTop 25%CitywideTop 2%

Lot Size

around average
2,309 sqft
0255075100
Same streetTop 42%Same areaBottom 4%CitywideBottom 2%

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

347 Peguis Street — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 486 m).

Search radius
🌳Parks1

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 2/2021CA$250k–300k
Sold price

Same street

Bottom 8%

Same area

Bottom 4%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 347 Peguis Street, Winnipeg

Property Overview: 347 Peguis Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home is defined by its modern age and its position within a newer, developing neighbourhood. Built in 2021, it is a notably recent construction compared to the majority of Winnipeg's housing stock, offering the appeal of minimal immediate maintenance, modern building standards, and contemporary finishes. With 1,248 sqft of living space, it provides comfortable room for a small family, couple, or individual, sitting at a practical size that is very close to the city-wide average.

Its primary appeal lies in this balance of new-build convenience and a competitively accessible price point. The assessed value of $328k is significantly below the average for the broader Peguis area, presenting a value proposition for buyers seeking a newer home without the premium often found in more established suburbs. The lot, while smaller than the Winnipeg norm, is typical for its immediate street and requires less upkeep.

This property would best suit first-time homebuyers or downsizers who prioritize a modern, move-in-ready home with lower maintenance concerns over a large yard or estate-sized lot. It’s also a practical choice for value-focused buyers who want the benefits of a newish build but are comfortable in a neighbourhood that is still maturing, as evidenced by the high concentration of recently built homes nearby.

Section 2: Frequently Asked Questions

1. How does the property’s value compare to its neighbours?
The home’s assessed value is below average for both its immediate street and the wider Peguis area, but aligns more closely with the Winnipeg city-wide average. This suggests it may offer relative value within its specific, newer neighbourhood context.

2. What are the implications of the smaller lot size?
At 2,309 sqft, the yard is significantly smaller than the typical Winnipeg lot. This means lower exterior maintenance but also limited space for extensive gardening, large outdoor entertaining, or future expansions like a sizable deck or addition.

3. As a 2021 build, what should I expect regarding maintenance?
While major systems like roofing, HVAC, and appliances should be in good condition, it’s still prudent to review the builder’s warranty status and understand what components may be nearing the end of their typical manufacturer warranties.

4. The home sold in early 2021. What does that indicate?
The initial sale coincided with its construction completion. As the first resale, this transaction will help establish the market price for the home, independent of its original builder sale price.

5. How does the living space compare to nearby homes?
The living area is slightly below the average for both Peguis Street and the broader Peguis area, but is very close to the city-wide average. This indicates the home offers a standard amount of interior space for Winnipeg, though it may be somewhat compact compared to other, often older and larger, homes in its immediate vicinity.