Property Overview

51 Chelston Gate is a well-maintained, modern home in Winnipeg's Peguis neighborhood. Built in 2017, it offers a practical layout with 1,443 sqft of living space on a 4,102 sqft lot. Its current assessed value is $468,000.

Key Characteristics & Appeal

This home’s primary appeal lies in its balance of modern construction and established neighborhood context. Built in 2017, it is newer than 95% of comparable homes city-wide, suggesting modern building standards, systems, and less immediate need for major updates. The living space is comfortably sized, ranking around average for both its street and neighborhood, indicating it fits right in with the local housing stock without feeling oversized or cramped.

A thoughtful perspective is its value positioning. While the assessed value is around the average for Chelston Gate and Peguis, it ranks in the top 25% city-wide. This suggests you are acquiring a property that holds above-average value for Winnipeg, within a neighborhood of similar-caliber homes. The lot size is smaller than the city average, which typically translates to less yard maintenance—a potential plus for buyers seeking a low-maintenance lifestyle without sacrificing interior space.

This property would suit first-time buyers or young families looking for a move-in ready, modern home in a settled area. It’s also a sensible choice for value-conscious buyers who appreciate a home that is newer than most in the city and aligns with neighborhood norms, offering stability and predictable upkeep.

Frequently Asked Questions

1. How does this home’s value compare to its last sale?
The home sold in July 2020 for between $350,000 and $400,000. The current assessed value of $468,000 reflects market appreciation over that period, placing its value growth in line with or slightly above broader neighborhood trends.

2. Is the lot size a disadvantage?
The lot is smaller than the Winnipeg average, but is typical for newer subdivisions. This means less yard maintenance and lower outdoor upkeep costs, which can be an advantage for buyers not seeking extensive gardening or outdoor space.

3. What does the "newer than 95% of city homes" ranking mean for me?
This "elite" city-wide ranking for its year built strongly suggests that major components like the roof, HVAC, windows, and appliances are relatively young and likely under warranty, potentially saving significant near-term capital expenses.

4. Are the homes on this street similar?
Yes. The home is ranked closely to the street averages for living area, value, and year built, indicating a uniform, well-established streetscape with consistent property values and character.

5. How can I verify the exact historical sale price?
The provided sale data is an estimated range from public records. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as they do not display MLS data directly.