48 Larry Vickar Drive W

Peguis, Winnipeg

Property score

72.8

Good

Overall 72.8 · Smaller than most nearby homes

1,302 sqft (bottom 13%) · Built in 2018 (1 yr newer than avg)

Located in a high-income area with median household income of ~89k

Transit 86.0 · 3-min walk to transit with 4 nearby routes

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Near average

1 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

72.8 is composed by the two sections below.

Property Score

70.7Good
Living Area1,302 sqft71Good
Year Built201897Excellent
Lot Size2,952 sqft28Low
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

around average
1,302 sqft
0255075100
Same streetBottom 11%Same areaBottom 13%CitywideTop 41%
Same street · Larry Vickar Drive W
#131 / 147
Bottom 11% · Avg 1,587 sqft
Same area · Peguis
#1,407 / 1,619
Bottom 13% · Avg 1,607 sqft
Citywide · Winnipeg
#80,662 / 194,458
Top 41% · Avg 1,342 sqft

Tax-Assessed Value

above average
441k
0255075100
Same streetBottom 29%Same areaBottom 30%CitywideTop 30%
Same street · Larry Vickar Drive W
#104 / 147
Bottom 29% · Avg 497k
Same area · Peguis
#1,133 / 1,619
Bottom 30% · Avg 488.3k
Citywide · Winnipeg
#58,191 / 194,458
Top 30% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 5%Same areaTop 41%CitywideTop 4%

Lot Size

around average
2,952 sqft
0255075100
Same streetBottom 33%Same areaBottom 16%CitywideBottom 10%

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

Search radius
No data within 500 m.

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 8/2019CA$300k–350k
Sold price

Same street

Bottom 11%

Same area

Bottom 10%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 48 Larry Vickar Drive W, Winnipeg

Property Overview: 48 Larry Vickar Drive W, Winnipeg

Key Characteristics & Appeal

This home presents a compelling mix of modern build quality and relative value. Built in 2018, it is notably newer than most homes in Winnipeg, ranking in the top 5% for its age on its own street and city-wide. This translates to likely lower maintenance costs and contemporary building standards. With 1,302 sqft of living space, it offers a functional size that is quite typical for the city overall, though it is somewhat more compact than many homes in the immediate Peguis area.

The assessed value of $441k tells an interesting story: it sits above the city-wide average for comparable homes, indicating solid inherent value, yet it is priced below the average for its own street and neighbourhood. This suggests a potential value opportunity for a buyer in a well-regarded, newer area. The lot size of 2,952 sqft is manageable, favoring those who prefer less yard upkeep.

This property would suit first-time buyers or downsizers seeking a modern, low-maintenance home without sacrificing location. It’s also a practical fit for value-conscious buyers who recognize the advantage of a newer build in an established area, even if the interior space is efficient rather than expansive.


Frequently Asked Questions

1. Is this a good value for the area?
The data suggests it might be. While the assessed value is above the Winnipeg average, it is actually below the average for both Larry Vickar Drive and the broader Peguis area, indicating you may get more modern home for your dollar here compared to neighbouring properties.

2. What does the "Elite" ranking for year built mean?
It means this 2018-built home is among the newest 5% of comparable properties on its street and in the entire city. You are unlikely to find many homes of a more recent vintage, which typically correlates with modern layouts, materials, and systems.

3. How does the lot size compare?
The lot is under 3,000 sqft, which is smaller than the typical Winnipeg property and below average for Peguis. This is a plus for those wanting minimal yard work, but a consideration for those dreaming of extensive gardens, large decks, or future expansions.

4. The home last sold in 2019. Why is the exact price not shown?
Due to data licensing rules, precise sold prices are not displayed publicly on this site. The available data shows it sold within the $300k-$350k range at that time. For verified, exact historical prices, you can request a manual lookup from the site via email.

5. The living area seems smaller than neighbours'. Is that a concern?
At 1,302 sqft, the home is indeed more compact than the average on its street (~1,587 sqft). This reflects an efficient use of space. It’s a trade-off: you get a newer build, but potentially with fewer rooms or smaller room sizes than some older, larger homes nearby.

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