Property Overview: 48 Sheilagh Ball Cove, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 48 Sheilagh Ball Cove is a modern, well-sized property in Winnipeg's Peguis neighborhood. Built in 2022, it offers the advantages of a nearly new construction, including contemporary building standards and minimal immediate maintenance. With 2,139 square feet of living space, it sits comfortably above the averages for both the neighborhood and the wider city, providing ample room for families.

Its primary appeal lies in its balanced and strong positioning across key metrics. The home isn't an outlier on its street but is a solid, above-average performer within the broader community. The lot size of over 7,700 square feet is a notable asset, offering generous outdoor space that is less common in newer developments. From an investment perspective, its assessed value of $595,000 consistently places it in the top tier (top 8%) when compared to similar homes across Peguis and Winnipeg, suggesting it holds its value in the broader market.

This property would best suit buyers looking for a move-in ready, modern family home in a developing area. It’s ideal for those who want more interior space and a larger yard than typical newer builds, without venturing into the luxury market. It also appeals to value-conscious buyers who appreciate a home that performs well in comparative rankings for size, age, and assessed value, indicating a sound purchase within its peer group.

Section 2: Frequently Asked Questions

1. How does this home truly compare to others in the area?
The data shows it's a strong, above-average home for the wider Peguis neighborhood and Winnipeg overall. On its specific street, it is more aligned with the average, meaning you're buying into a consistent and modern streetscape where this home is a competitive, but not exceptional, offering.

2. What does the assessed value tell us?
The $595,000 assessment is above the neighborhood and city averages. This typically reflects the home's newer age, size, and market position. It's important to note that assessed value is used for property tax calculation and is not a direct marker of current market selling price.

3. The home sold in 2022. Is there price history available?
The listed sale from April 2022 shows a price range of $500,000-$550,000. For verified, exact historical sold prices and a full transaction history, you must request that information directly via email from the service, as this data is not sourced from the MLS.

4. What are the less obvious considerations of a 2022 build?
While offering modern amenities and efficiency, a home from this period may still be within the builder's warranty period—a key point to investigate. It also sits in a relatively new community, so the maturity of landscaping and establishment of neighborhood character are still evolving compared to older areas.

5. How usable is the large lot, and what are the implications?
At 7,702 sq ft, the lot provides excellent potential for gardening, recreation, or future additions like a deck or shed. However, a larger lot can also mean higher maintenance requirements and potentially higher property taxes compared to homes with less land in the same area.