508 Transcona Boulevard

Peguis, Winnipeg

72.8

Good

Overall 72.8

Smaller than most nearby homes

1,309 sqft (bottom 15%)

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

19% 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

72.8 is composed by the two sections below.

Property Score

70.7Good
Living Area1,309 sqft71Good
Year Built201797Excellent
Lot Size2,791 sqft28Low
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

Elite
1,309 sqft
0255075100
Same streetTop 4%Same areaBottom 15%CitywideTop 41%
Same street · Transcona Boulevard
#2 / 56
Top 4% · Avg 1,284 sqft
Same area · Peguis
#1,370 / 1,619
Bottom 15% · Avg 1,607 sqft
Citywide · Winnipeg
#79,916 / 194,458
Top 41% · Avg 1,342 sqft

Tax-Assessed Value

above average
390k
0255075100
Same streetTop 25%Same areaBottom 9%CitywideTop 41%
Same street · Transcona Boulevard
#14 / 56
Top 25% · Avg 382k
Same area · Peguis
#1,470 / 1,619
Bottom 9% · Avg 488.3k
Citywide · Winnipeg
#79,616 / 194,458
Top 41% · Avg 390.1k

Year Built

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

Lot Size

around average
2,791 sqft
0255075100
Same streetTop 32%Same areaBottom 11%CitywideBottom 8%

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 11/2021CA$350k–400k
Sold price

Same street

Top 23%

Same area

Bottom 35%

City-wide

Top 34%

Related homes

Highlights & common questions: 508 Transcona Boulevard, Winnipeg

Property Overview: 508 Transcona Boulevard

Key Characteristics & Appeal

This home at 508 Transcona Boulevard is a modern, efficiently sized property built in 2017. Its primary appeal lies in its contemporary construction and strong standing within its immediate neighbourhood. At 1,309 square feet, the living space is notably above average for Transcona Boulevard, ranking in the top 4% of similar homes on the street. The assessed value of $390K is also above the street average, suggesting a well-regarded property in its local context.

The home is ideally suited for first-time buyers, downsizers, or investors seeking a relatively new build that requires minimal immediate upkeep. Its modern age is a significant advantage compared to the much older Winnipeg housing stock citywide. A thoughtful perspective is that this property offers the benefits of a newer home without the premium lot size; the yard is compact (2,791 sqft), which translates to lower maintenance—a potential plus for buyers seeking a lock-and-leave lifestyle or preferring to spend less time on yard work. It represents a practical, turn-key option in a well-established area, rather than a fixer-upper or a sprawling suburban lot.

Frequently Asked Questions

1. How does this home’s value compare to the wider area?
While the home’s assessed value is above average for its street, it is below the average for the broader Peguis area. This indicates you are purchasing a well-positioned home on a desirable street within a neighbourhood that may have a wide range of property values, often including larger, more expensive homes.

2. What does the sold price history indicate?
Records show it last sold between $350K-$400K in late 2021. This past sale price range aligns closely with the current assessed value, suggesting stable valuation in recent years.

3. Is the lot size a concern?
The land area is smaller than most homes in both the Peguis area and Winnipeg overall. This means less outdoor space for gardening or expansion, but also significantly reduced yard maintenance, which many buyers appreciate.

4. What are the advantages of a 2017 build?
A home built in 2017 is relatively new, meaning major components like the roof, furnace, and windows are likely still in good condition and under any remaining warranty periods. This can offer peace of mind and help avoid major repair costs in the first few years of ownership.

5. How can I get the exact historical sold prices?
The exact sale figures are not publicly displayed due to industry rules. You can request the full transaction history by emailing the site directly; they will provide the verified details manually at no cost.

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