Property score
75.7
Good
Overall 75.7 · Smaller but newer than most nearby homes
1,257 sqft (bottom 10%) · Built in 2022 (5 yrs newer than avg)
Located in a high-income area with median household income of ~105k
Transit 80.0 · 4-min walk to transit with 3 nearby routes
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Above average
5 yrs newer than neighborhood avg.
Mother tongue
English · 58%Punjabi · 12%
Past 10 years Peguis sales snapshot (~80% of all data)
887
505.3k
$321/sqft
2017
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75.7 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111253
$105K
Median household income
$113K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
18%
Single-person households
38%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Top 36% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
48 William Tweed Terrace is a modern, well-situated home in Winnipeg's Peguis neighbourhood. Built in 2022, it offers a turn-key, low-maintenance lifestyle in a newer community. The home's assessed value of $500,000 positions it as a premium property city-wide but offers relative value within its immediate area.
This home’s primary appeal lies in its balance of new construction and established community value. As a 2022 build, it ranks in the top 1% of homes city-wide for age, meaning major systems and finishes are modern and unlikely to need significant investment soon. With 1,257 sqft of living space, it is compact yet efficient, suitable for those who prefer easier upkeep without sacrificing modern amenities.
The property finds its strength in context. While it has the smallest living area on its street, its assessed value is also notably lower than the street average, suggesting a more accessible entry point into a desirable, new-build street. The lot size of 4,018 sqft is manageable, catering to buyers who want outdoor space without the burden of extensive landscaping.
This home would best suit first-time buyers or downsizers seeking a modern, move-in-ready property in a developing area. It’s ideal for those who prioritize new construction quality and energy efficiency over expansive square footage, and who see value in owning a newer asset in a city where the average home is significantly older.
1. How does this home’s value compare to its neighbours?
While its assessed value is below the average on William Tweed Terrace, it is above the city-wide average. This indicates you are paying a premium for the newer neighbourhood and street, but potentially getting a relative value compared to the immediate, even newer houses next door.
2. Is the living space too small?
At 1,257 sqft, it is below averages for both the street and the Peguis area. This makes it a more efficient, cost-effective option for heating, maintenance, and furnishing. It’s designed for simpler living rather than large-family accommodation.
3. What are the benefits of a 2022 build?
A home this new typically comes with modern building codes, energy-efficient windows and appliances, and contemporary electrical and plumbing systems. It also likely has remaining warranty coverage on major components, providing peace of mind.
4. How does the lot size impact usability?
The 4,018 sqft lot is smaller than the city average but fairly standard for newer subdivisions. It provides adequate space for a patio, garden, and play area while minimizing yard work. It’s a practical size for busy homeowners.
5. What does the sold price history indicate?
The home last sold between $450,000 and $500,000 in late 2022. The current assessed value of $500,000 suggests stable or slightly appreciating value in a short timeframe, which is a positive sign for market stability in the area.
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