Property Overview

This home at 42 Larry Vickar Drive E in Winnipeg’s Peguis neighbourhood presents a compelling blend of modern comfort and solid value. Built in 2017, it’s a relatively recent construction that offers move-in readiness and contemporary building standards.

Key Characteristics & Appeal
The primary appeal of this property lies in its above-average living space and modern age within its market context. With 1,780 sqft of living area, it ranks in the top 20-25% compared to homes on its street and in the Peguis area, offering more room than many comparable properties. Its 2017 build date is a significant advantage city-wide, placing it in the elite top 5% for age, which suggests newer mechanical systems, modern layouts, and potentially lower immediate maintenance costs. The assessed value of $520k is above the Winnipeg city average, yet it is positioned as around average for its immediate area, indicating you are paying for a premium home within a established, valued neighbourhood. The lot size of 4,253 sqft is consistent with local expectations, providing standard outdoor space without extensive upkeep.

This home would suit buyers looking for a turn-key property who prioritize modern construction and generous interior space over a very large yard. It’s ideal for professionals or growing families seeking a home in a mature neighbourhood without the uncertainties and update projects often associated with older houses. The data suggests it offers a "best of both worlds" scenario: a newer home within an established community.

Frequently Asked Questions

1. How does this home’s value compare to what it last sold for?
It was sold in March 2017, within the price range of $350k-$400k. The current assessed value of $520k reflects market appreciation and the added value of the home as a now-established property.

2. Is the lot size a disadvantage?
The lot is consistent with the average for Larry Vickar Drive E (4,025 sqft avg.) and Peguis. While smaller than the wider city average, it provides a manageable yard, which can be a benefit for those seeking less outdoor maintenance.

3. What does its "above average" living area ranking practically mean?
It means you are getting more interior space than approximately 75-80% of similar homes in Peguis and across Winnipeg. This translates to potentially larger rooms, more storage, or extra flex space compared to many alternatives.

4. Why is the year built such a standout feature city-wide?
The average home in Winnipeg was built around 1966. A 2017 build places this home 50 years newer, significantly reducing the likelihood of major near-term replacements for roofs, windows, furnaces, and other key components.

5. How reliable is the sold price data provided?
The site notes that sold prices are based on public data, not the MLS, and are presented in ranges for non-members. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email, as industry rules prevent the direct display of MLS records.