48 Art Miki Way

Peguis, Winnipeg

Property score

77.0

Good

Overall 77.0 · Newer than most nearby homes

1,500 sqft (bottom 40%) · Built in 2021 (4 yrs newer than avg)

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: 1 school, and 2 parks nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Above average

4 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

77.0 is composed by the two sections below.

Property Score

77.6Good
Living Area1,500 sqft79Good
Year Built2021100Excellent
Lot Size3,151 sqft38Low
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

above average
1,500 sqft
0255075100
Same streetTop 37%Same areaBottom 40%CitywideTop 30%
Same street · Art Miki Way
#7 / 19
Top 37% · Avg 1,439 sqft
Same area · Peguis
#979 / 1,619
Bottom 40% · Avg 1,607 sqft
Citywide · Winnipeg
#59,220 / 194,458
Top 30% · Avg 1,342 sqft

Tax-Assessed Value

around average
436k
0255075100
Same streetBottom 26%Same areaBottom 28%CitywideTop 31%
Same street · Art Miki Way
#14 / 19
Bottom 26% · Avg 468.5k
Same area · Peguis
#1,167 / 1,619
Bottom 28% · Avg 488.3k
Citywide · Winnipeg
#60,018 / 194,458
Top 31% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetTop 5%Same areaTop 25%CitywideTop 2%

Lot Size

around average
3,151 sqft
0255075100
Same streetBottom 47%Same areaBottom 20%CitywideBottom 14%

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

48 Art Miki Way — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 397 m), 2 parks (nearest 450 m).

Search radius
🏫Education1
🌳Parks2

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 12/2024CA$450k–500k
Sold price

Same street

Top 18%

Same area

Top 33%

City-wide

Top 17%

Related homes

Highlights & common questions: 48 Art Miki Way, Winnipeg

Property Overview: 48 Art Miki Way, Winnipeg

Key Characteristics & Appeal

This home, built in 2021, is a modern property in Winnipeg's Peguis neighborhood. Its primary appeal lies in its contemporary construction, offering move-in readiness with the benefit of newer building standards and systems. At 1,500 sqft, the living space is efficiently sized, ranking above average compared to the wider city's typically older housing stock.

A thoughtful perspective for buyers is the value positioning. The home's assessed value ($436k) sits below the immediate area's average, which could present an opportunity in a newer-built home. However, the lot size is more compact than many in Peguis, suggesting a focus on low-maintenance outdoor space rather than expansive yards. This property would ideally suit first-time buyers or downsizers seeking a modern, single-family home without the upkeep of an older property, and who prioritize interior condition and newer amenities over a large lot.

Frequently Asked Questions

1. How does this home's value compare to its neighbors?
The assessed value is below the current average for both the immediate street and the broader Peguis area, but is around average city-wide. This may indicate a value-oriented entry point within a newer segment of the neighborhood.

2. What are the implications of the lot size?
At 3,151 sqft, the lot is compact for the area. This typically means lower yard maintenance, but may limit options for large additions, pools, or extensive landscaping compared to other properties in Peguis.

3. What does the "Elite" ranking for year built mean?
Built in 2021, the home is newer than 98% of comparable properties across Winnipeg and is the newest on its street. This suggests minimal immediate repair costs and modern building codes and efficiencies.

4. Is the sold price data available?
Exact sold prices are not publicly displayed. The listing indicates a sold price range of CA$450k–500k for December 2024. Verified, exact historical sale figures can be requested directly from the site via email.

5. Who would this property not suit?
Buyers seeking a large, traditional yard or those looking for a fixer-upper project may find better options elsewhere. The combination of a newer home on a smaller lot is geared toward convenience and modern living over expansion potential or extensive outdoor space.

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