506 Transcona Boulevard

Peguis, Winnipeg

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

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)

Sold Count

887

Median price

505.3k

$/sqft

$321/sqft

Avg build year

2017

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Property score

70.1 is composed by the two sections below.

Property Score

66.2Good
Living Area1,242 sqft66Good
Year Built201797Excellent
Lot Size2,184 sqft18Low
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
1,242 sqft
0255075100
Same streetBottom 37%Same areaBottom 8%CitywideTop 46%
Same street · Transcona Boulevard
#35 / 56
Bottom 37% · Avg 1,284 sqft
Same area · Peguis
#1,483 / 1,619
Bottom 8% · Avg 1,607 sqft
Citywide · Winnipeg
#90,010 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

around average
368k
0255075100
Same streetBottom 11%Same areaBottom 5%CitywideTop 48%
Same street · Transcona Boulevard
#50 / 56
Bottom 11% · Avg 382k
Same area · Peguis
#1,545 / 1,619
Bottom 5% · Avg 488.3k
Citywide · Winnipeg
#92,574 / 194,458
Top 48% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetTop 4%Same areaBottom 45%CitywideTop 5%

Lot Size

below average
2,184 sqft
0255075100
Same streetBottom 20%Same areaBottom 2%CitywideBottom 1%

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 11/2020CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 3%

City-wide

Bottom 35%

Related homes

Highlights & common questions: 506 Transcona Boulevard, Winnipeg

Property Overview: 506 Transcona Boulevard, Winnipeg

Section 1: Key Characteristics & Appeal

This 2017-built home in the Peguis neighborhood offers a modern, low-maintenance foundation in a community of similar-aged houses. Its key characteristic is balance: with 1,242 sqft of living space and an assessed value of $368k, it sits close to city-wide averages, presenting a straightforward, contemporary option without premium pricing.

The appeal lies in its modern age and relative value. Being built in 2017 places it among the newest homes on its street and city-wide, suggesting newer building standards, systems, and less immediate repair concern. While the lot size is compact compared to many Winnipeg properties, this translates to less yard upkeep. The home’s assessed value is notably below the neighborhood average, potentially offering more modern interior finishes per dollar than older, larger-lot homes in Peguis.

This property would suit first-time buyers or downsizers seeking a turnkey, newer build without a sprawling yard to manage. It’s also a practical fit for value-oriented buyers who prioritize a modern home’s mechanical and structural advantages over maximum square footage or lot size. A less obvious perspective is its appeal to data-conscious buyers; the home represents a specific, modern segment of the market (post-2017 builds) that may hold its appeal as housing stock in the city ages.

Section 2: Frequently Asked Questions

1. How does the compact lot size impact daily living?
While the yard is smaller than many in Winnipeg, it requires less maintenance. It may limit extensive gardening or large outdoor recreation space but is sufficient for a patio set or small play area.

2. The assessed value is below the neighborhood average. Does this indicate a problem?
Not necessarily. Peguis contains a wide variety of homes. This lower assessment primarily reflects the home’s more compact size compared to larger, sometimes older homes in the same area, not a deficiency in condition.

3. What are the implications of buying a home built in 2017?
Homes of this age typically feature modern building codes, efficient windows, and newer major systems (like HVAC). They often require only routine maintenance in the near term, unlike older homes which may be due for significant updates.

4. How does this home compare to others on the same street?
It is very typical for its immediate street. Most homes on Transcona Boulevard in this block were built around the same time (2017) and have similar living areas. This home’s value and size are consistent with its direct neighbors, offering neighborhood uniformity.

5. Where can I get verified historical price data for this property?
The sold price data shown is from public records. For fully verified figures and a complete transaction history, you must request a manual lookup via email through this site, as MLS data is not displayed here due to industry rules.

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