70.1
Good
Property score
70.1
Good
Overall 70.1
Smaller than most nearby homes
1,242 sqft (bottom 8%)
Built in 2017
Located in a high-income area
with median household income of ~89k
Transit 94.0
2-min walk to transit with 4 nearby routes
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Near average
0 yrs newer than neighborhood avg.
Mother tongue
English · 51%Punjabi · 12%
Past 10 years Peguis sales snapshot (~80% of all data)
887
505.3k
$321/sqft
2017
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
70.1 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: #46111251
$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
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 7% | Bottom 6% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 502 Transcona Boulevard
Section 1: Key Characteristics & Appeal
This 2017-built home in Winnipeg's Peguis neighborhood offers modern construction in a well-established area. Its key appeal lies in its balance of being a relatively new build—ranking in the top 5% city-wide for age—while being priced below the neighborhood average. With 1,242 sqft of living space, it sits around the city-wide average, making it a practical size for smaller households or first-time buyers.
The property’s assessed value of $366k is notably below the Peguis neighborhood average of $488.3k, suggesting a potentially more accessible entry point into this area. However, the lot size is compact, significantly smaller than most in the neighborhood and city, which translates to lower maintenance but less private outdoor space.
This home would best suit buyers seeking modern systems and minimal immediate repairs, who prioritize interior space over yard size. It’s a pragmatic choice for those looking for value in a newer build, potentially appealing to young professionals, small families, or investors attracted to the 2017 build year within this price point.
Section 2: Frequently Asked Questions
1. Is this home a good value compared to others in Peguis?
Based on assessed values, this home is priced well below the neighborhood average. This could indicate a value opportunity, but it’s essential to understand why—factors include the smaller lot and living area compared to area norms.
2. What are the implications of the lot size?
The land area is compact, ranking in the bottom 2% of the neighborhood. This means lower yard maintenance, but also limited potential for expansions like large decks, additions, or extensive landscaping.
3. How does the 2017 build year affect this property?
A 2017 build is a significant advantage, placing it among the newest homes city-wide. Buyers can expect newer major components (roof, HVAC, appliances) and modern building standards, likely reducing near-term capital repair costs.
4. What is the context of the last sold price (2021)?
The home sold between $300k-$350k in March 2021. The current assessed value of $366k reflects market changes since then. A professional appraisal and market analysis are needed to determine its current fair market value.
5. How does the living space compare to nearby homes?
At 1,242 sqft, it’s slightly below the average for its immediate street but close to the city-wide average. It offers standard room sizes for its era, but may feel cozy compared to many larger, older homes in the broader Peguis area.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
