Property Overview: 44 Larry Vickar Drive W, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a modern, low-maintenance property built in 2017, offering a practical entry point into a newer Winnipeg neighbourhood. Its key appeal lies in its balance of a contemporary build year with a manageable scale and value.

• Key Characteristics: The 1,302 sqft home sits on a modest 2,952 sqft lot. Its assessed value of $403k is notably below the averages for its immediate street and the broader Peguis neighbourhood, but aligns closely with the Winnipeg citywide average. This indicates you are acquiring a relatively new home (ranking in the top 5% citywide for age) without the premium often attached to newer area properties.
• Where Its Appeal Lies: The appeal is grounded in value and modernity. Buyers get a home that is significantly newer than the typical Winnipeg house, likely requiring less immediate upkeep. The below-average valuation for the area could represent a strategic opportunity, especially for those who prioritize a modern build over maximum square footage or lot size. It’s a sensible, turn-key option in a community of similar-aged homes.
• Ideal Buyer Profile: This property would suit first-time buyers or downsizers seeking a newer, move-in-ready home without an oversized footprint or yard to maintain. It’s also a pragmatic choice for value-focused buyers who understand that purchasing a newer home in this area at a below-neighbourhood-average assessment could offer a stable foundation. It is less suited for those prioritizing large living spaces, expansive outdoor areas, or established, mature landscaping.

Section 2: Frequently Asked Questions

1. Why is the assessed value lower than other homes on the street?
While the home is the same age as many neighbours, its smaller living area and lot size likely contribute to the lower assessment. This doesn’t necessarily reflect condition, but rather the property’s physical dimensions compared to larger homes on the street.

2. What does the lot size mean for outdoor space?
The lot is compact. It allows for a manageable yard but limits potential for large additions, decks, or extensive gardening. This is typical for newer subdivisions and appeals to those seeking low-maintenance outdoor space.

3. How does living area compare to a typical Winnipeg home?
At 1,302 sqft, the home is very close to the citywide average. It provides adequate space for a small family or couple, but is more compact than many other homes in the immediate Peguis area, which trend larger.

4. The home is newer—are there any major upcoming costs?
As a 2017 build, major components like the roof, furnace, and appliances are likely still within their typical lifespan. However, it’s wise to budget for the eventual replacement of these items, as they often reach the end of service between 10-20 years.

5. How can I get exact historical sale prices for this property?
The public data does not show specific sales history. You can request exact figures by emailing the site directly; they will perform a manual lookup and provide the information via email, typically by the end of the same day.