Property Overview: 45 William Tweed Terrace, Winnipeg

Key Characteristics & Appeal

This is a substantial, modern home built in 2023, positioned as a standout property in its neighbourhood and across Winnipeg. Its primary appeal lies in its significant size and premium positioning. With 2,781 sqft of living space, it ranks in the top 3% on its street and the top 1% within the broader Peguis area, offering considerably more room than local averages. The 10,081 sqft lot is also notably larger than most on its street, providing ample outdoor space.

The home’s assessed value of $711K reinforces its elite standing, placing it in the top 1% for Peguis and top 4% city-wide. This suggests a combination of premium finishes, location, and scale that is recognized in its formal valuation. A less obvious point of value is its age within a newer development; while the home itself is modern, the entire street is composed of recently built homes, indicating a stable, contemporary streetscape without the risk of older, inconsistent properties nearby.

This property would ideally suit buyers looking for a move-in ready, spacious family home in a modern subdivision, who prioritize above-average interior space and land size. It appeals to those seeking a property with strong statistical credentials for both current enjoyment and long-term value retention in a newer community.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $711K is for municipal tax purposes. The property last sold in July 2023 for an estimated $900K-$950K, which is a more current market indicator. The assessed value being in the top 1% for the area, however, strongly supports its premium market position.

2. Is the lot size a major advantage?
Yes, particularly on its own street. At over 10,000 sqft, the lot is roughly double the street average. This offers greater privacy, landscaping potential, and space compared to immediate neighbours, which is a key differentiator in newer developments where lots are often smaller.

3. What does the "Elite" ranking for living area actually mean?
It means this home's interior square footage exceeds 99% of homes in the Peguis area and 98% of homes across the entire city. You are getting a level of space that is very rare in the Winnipeg market, especially in a modern build.

4. The home is new, but what about the surrounding area?
The data shows the average home on William Tweed Terrace was built in 2023, and the Peguis area average is 2017. This confirms you are looking at a uniformly new neighbourhood, not just a single new home on an older street, which ensures consistent aesthetics and infrastructure.

5. How can I verify the exact past sale price?
The site provides an estimated sold price range. Due to industry regulations, exact MLS sale prices are not published online here. You can request the exact historical sale figures by emailing the site, and they will provide the verified data manually.