Property Overview: 55 Jerry Klein Drive, Winnipeg

Key Characteristics & Appeal

This is a modern, well-sized home built in 2023, offering the appeal of a nearly new property with minimal initial maintenance. With 1,646 sqft of living space, it sits comfortably above the city-wide average, providing ample room for a growing family or those who value space. Its assessed value of $483k positions it as a premium property city-wide (in the top 23%), yet it is priced below the average for its own street in the desirable Peguis neighbourhood. This creates a notable value perspective: you're acquiring a newer, above-average city home for less than the established norm on Jerry Klein Drive.

The home’s appeal lies in this balance of modernity, space, and relative value within a newer community. The lot size (4,016 sqft) is manageable, suggesting lower yard maintenance than many city properties, which suits today's busy lifestyles. A thoughtful perspective is that while the home is newer than most in Winnipeg, it's on a street with even newer builds, indicating a freshly developed area that may still be evolving in terms of mature landscaping and community cohesion.

This property would ideally suit first-time buyers looking for a modern, move-in-ready home without the premium of a brand-new build, or downsizers seeking a spacious, low-maintenance single-family home. It also appeals to value-conscious buyers who recognize the advantage of a city-wide premium asset in a neighbourhood where it isn’t the most expensive option.

Frequently Asked Questions

1. How does the value here compare to the wider area?
The home’s assessed value is notably above the Winnipeg average but slightly below the average for the Peguis area. On its specific street, it ranks in the lower third for value, which could represent a value opportunity within a premium neighbourhood.

2. What does the "nearly new" (2023) build year mean for me?
You benefit from modern building standards, likely greater energy efficiency, and warranties that may still be transferable. It also means you avoid the immediate large renovation costs common with older homes, though the landscaping and outdoor spaces may still be establishing themselves.

3. Is the lot size a concern?
At just over 4,000 sqft, the lot is smaller than the Winnipeg average but is quite typical for newer subdivisions. It offers sufficient private outdoor space while minimizing maintenance time and cost—a trade-off that many modern buyers prefer.

4. What is the history of this property?
It last sold in November 2023 for an estimated price between $500k and $550k. The current assessed value of $483k is below that sale range, which may be a point for discussion regarding market conditions or the basis for assessment.

5. How can I get the exact past sale price?
The provided data shows a sold price range. Due to industry regulations, exact sale figures are not published online here. You can request the precise transaction history by email, and the service will provide it manually at no cost, typically by the end of the same business day.