Property Overview: 42 Prairie Crocus Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a compelling blend of modern convenience and practical value. Built in 2018, it is a notably newer construction compared to the average Winnipeg home, offering contemporary building standards and minimal immediate maintenance concerns. With 1,352 sqft of living space, it provides comfortable room for a small family, couple, or empty-nesters, fitting squarely within the average range for its immediate street and the wider city.

The appeal lies in its balance. The assessed value of $430k sits below the averages for both its street and the Peguis area, potentially indicating room for value appreciation, while still being above the city-wide average. This suggests you are acquiring a newer home in an established area without paying the peak premium found on some nearby lots. The lot size (3,633 sqft) is compact, which translates to less yard maintenance—a plus for those seeking a lock-and-leave lifestyle or who prefer to spend weekends elsewhere.

This property would suit pragmatic buyers who prioritize a modern, move-in-ready home without an oversized footprint or yard. It’s ideal for first-time buyers stepping into a newer build, downsizers looking for modern efficiencies and less upkeep, or investors attracted by the combination of a recent build and a valuation that isn’t at the top of the market. The data suggests it’s a solid, middle-ground option in a neighbourhood of mixed-vintage homes.

Section 2: Frequently Asked Questions

1. How does the lot size impact the property?
The lot is smaller than most in the area. This means lower maintenance and potentially lower property taxes tied to land value, but it also offers less private outdoor space for gardening or expansion.

2. The assessed value is below the area average. Is this a concern?
Not necessarily. It can reflect the smaller lot size and the specific market conditions at the time of assessment. It may present an opportunity, as the newer build (2018) could be an appreciating asset against the area’s older average home age.

3. What does the "Elite" ranking for Year Built mean?
This simply means the home is among the newest 4% of homes city-wide and on its street. It highlights a key advantage: modern construction, likely with current building codes, materials, and systems, reducing the risk of major near-term repairs.

4. Are sold prices for the area publicly available?
Yes, but with caveats. The site provides estimated sold price ranges based on public data. For fully verified, exact historical sale figures, you must request a manual lookup from the service, as they do not display MLS-sourced sold records.

5. Who are the typical neighbours in terms of the homes?
The rankings show a mix. On Prairie Crocus Drive, you'll find homes of similar size but varying ages and values. In the broader Peguis area, this home's living space is below average, meaning many neighbours have larger homes, but its newer build stands out in a neighbourhood with an average build year around 2017.