35 Philip Lee Drive

Peguis, Winnipeg

67.6

Good

Overall 67.6

Smaller than most nearby homes

1,007 sqft (bottom 2%)

Built in 2017

Located in a high-income area

with median household income of ~89k

Transit 70.0

1-min walk to transit with 1 nearby route

Within 500m: 3 parks nearby

Living Area

Below average

37% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 51%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

67.6 is composed by the two sections below.

Property Score

62.0Fair
Living Area1,007 sqft52Fair
Year Built201797Excellent
Lot Size3,900 sqft46Low
Neighbourhood Sales Activity89Excellent

Community Score

76.0Good
Household Income80Excellent
Education Level72Good
Housing Stress52Fair
Core Housing Need88Excellent
Employment Health76Good

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: #46111251

Community deep dive

$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

Population, labour & age

Population (2021)5,901
Labour force participation rate73%
Median age33.6
Avg household size2.7
Unemployment rate9%
Population density2398 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households23%
Couple families with children31%
Median household income (2020)$89K

Housing

Renter households39%
Condominium dwellings23%
Median dwelling value (owners)$396K

Diversity, education & language

Immigrants (share of pop.)40%
Visible minority49%
Bachelor's or higher (25–64)39%
Mother tongue (1st)English · 50%
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

below average
1,007 sqft
0255075100
Same streetBottom 1%Same areaBottom 2%CitywideBottom 27%
Same street · Philip Lee Drive
#93 / 93
Bottom 1% · Avg 1,549 sqft
Same area · Peguis
#1,594 / 1,619
Bottom 2% · Avg 1,607 sqft
Citywide · Winnipeg
#142,645 / 194,458
Bottom 27% · Avg 1,342 sqft

Tax-Assessed Value

around average
406k
0255075100
Same streetBottom 5%Same areaBottom 15%CitywideTop 37%
Same street · Philip Lee Drive
#88 / 93
Bottom 5% · Avg 543k
Same area · Peguis
#1,373 / 1,619
Bottom 15% · Avg 488.3k
Citywide · Winnipeg
#71,729 / 194,458
Top 37% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetTop 27%Same areaBottom 45%CitywideTop 5%

Lot Size

around average
3,900 sqft
0255075100
Same streetBottom 2%Same areaBottom 38%CitywideBottom 24%

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

35 Philip Lee Drive — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 228 m).

Search radius
🌳Parks3

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 8/2017CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 2%

City-wide

Bottom 33%

Related homes

Highlights & common questions: 35 Philip Lee Drive, Winnipeg

Property Overview: 35 Philip Lee Drive, Winnipeg

Key Characteristics & Appeal

This 2017-built home in the Peguis neighborhood offers a modern, low-maintenance footprint. At 1,007 sqft, its living space is notably compact compared to most homes on its street and in the immediate area, but it is relatively new compared to the average Winnipeg house. The assessed value of $406k sits below the street and neighborhood averages, yet is close to the city-wide benchmark, suggesting a price point that may offer entry into a newer community.

The primary appeal lies in its efficiency and modernity. It represents an opportunity to own a contemporary home without the premium often attached to newer properties in the area. The smaller scale translates to lower utility costs and less upkeep. This property would best suit first-time buyers, downsizers, or investors seeking a modern, turnkey property with predictable expenses. It’s a pragmatic choice for those who prioritize a newer build and financial accessibility over square footage, offering a chance to live in a young neighborhood without the price tag of its larger neighbors.

Frequently Asked Questions

1. Is this a good value for the money?
The data suggests a mixed picture. Its assessed value is significantly below the average for Philip Lee Drive, but it's competitively priced against the wider Winnipeg market. You are paying primarily for the modern build year (2017) and the desirable Peguis neighborhood, rather than for a large living space or lot size.

2. How does the lot size impact living here?
At 3,900 sqft, the lot is smaller than most on the street. This means less outdoor maintenance and yard work, which is a plus for some. However, it also means less private outdoor space for gardening, play, or entertainment compared to neighboring properties.

3. The home sold in 2017 for between $250k-$300k. Why is the assessed value now $406k?
This reflects market appreciation over the past seven years, consistent with trends in newer Winnipeg neighborhoods. The current assessment aligns it more closely with the city-wide average, indicating its value has risen from its original purchase price.

4. Who might this property not suit?
It may not be ideal for growing families needing ample indoor space or for buyers who envision extensive additions or landscaping, given the smaller lot. Those seeking a property that leads its immediate area in size or value may find better options elsewhere on the street.

5. How can I verify the exact historical sale price?
The provided sold price is an estimated range from public data. For fully verified and exact transaction figures, you must request a manual lookup from the site via email, as they do not display MLS sold records due to industry regulations.

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