Property Summary

Key Characteristics & Ideal Buyer Profile

This property offers a living area assessed below average at 47k, placing it in the bottom 1% citywide in Winnipeg, as well as on its street and in the Peguis area. The land area is roughly average at 3,781 square feet, ranking in the bottom 26% on the street and bottom 23% citywide. The year built is similarly around the median for comparable homes.

The appeal here lies in affordability relative to lot size. While the living space is compact, the land is not undersized—this may interest buyers who prioritize outdoor space, gardening, or future expansion potential over interior square footage. It suits first-time buyers looking for a lower entry point, investors seeking a smaller-footprint property on a decent-sized lot, or those willing to renovate or build later. It is less suited for families needing generous indoor living space or buyers wanting a home that compares well on assessed value.

Five Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
The assessed value is well below average, ranking in the bottom 1% compared to other properties on the same street, in the same area, and across Winnipeg. This generally means a lower purchase price and property tax base relative to neighbors, but it may also reflect a smaller or older structure.

2. Is the lot size considered small or large for the area?
The land area is close to average for comparable homes, though it ranks in the bottom quarter to third when compared street-, area-, and citywide. It is not undersized but is modest relative to newer or larger lots in Winnipeg.

3. What do the color-coded rankings and bars mean?
The fill length on each bar represents how many peers the property outperforms in that category—longer fill means better rank. Fill color (red, blue, amber, gray) indicates the tier of performance. “Avg” is a rough median benchmark for homes with similar characteristics in that comparison group.

4. Can I see this property compared to nearby houses on a map?
Yes. The “Open neighbourhood map analysis” link allows you to view this property alongside nearby homes and compare year built, living area, assessed value, and lot size in detail.

5. Does a bottom-1% ranking for living area mean the house is very small?
Not necessarily “very small,” but it means the living area is in the lowest 1% of homes when compared citywide and within its immediate street and area. It is a compact home, which may be a limitation for some buyers but a feature for others seeking efficiency or lower costs.