Property score
71.1
Good
Overall 71.1 · Smaller than most nearby homes
1,160 sqft (bottom 3%) · Built in 2017
Located in a high-income area with median household income of ~89k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby
Living Area
Below average
28% 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
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71.1 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
55 Philip Lee Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 182 m).
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 2% | Bottom 3% | Bottom 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 55 Philip Lee Drive, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition centered on its modern build year and citywide affordability, set against a neighbourhood of larger, higher-value properties. Built in 2017, it is a notably newer home compared to the Winnipeg average, offering contemporary construction and likely lower immediate maintenance. With 1,160 sqft of living space, it is compact relative to most homes on its street and in the Peguis area, but is closer to the average size citywide. The assessed value of $395k is significantly below the averages for its immediate street and neighbourhood, yet aligns closely with the typical Winnipeg home value, suggesting you are paying a premium for location within Peguis but potentially getting a modern home at a city-typical price.
Its primary appeal lies in this balance: acquiring a relatively new home in an established neighbourhood without the premium often attached to larger, renovated properties. It would suit first-time buyers or downsizers who prioritize modern systems and a low-maintenance start over square footage. The smaller lot size (4,137 sqft) further aligns with a desire for easier yard upkeep. A thoughtful perspective is that this property allows entry into a neighbourhood where most homes are valued much higher, offering potential for community amenities and stability, while the home itself represents a practical, efficient footprint.
Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The data indicates it is one of the most affordable homes on Philip Lee Drive, with an assessed value well below the street average. You are paying less, but also getting less square footage and a smaller lot than most neighbours.
2. How does its modern build year (2017) impact its value?
Being built in 2017 places it among the newer homes in Winnipeg, which can mean newer major components (roof, HVAC, windows) and modern building standards. This is a key advantage compared to the city's much older average home age.
3. The living area seems small. Who is this layout best for?
At 1,160 sqft, the home is efficient. It's likely best suited for individuals, couples, or small families who don't require extensive space. It emphasizes modern quality over size, which can mean lower utility and maintenance costs.
4. How stable is the assessed value compared to the city?
The home's $395k assessment is very close to the citywide average, suggesting its value is in line with broader Winnipeg market trends, even if it sits below its immediate neighbourhood's average.
5. Can I find out the exact historical sale price?
The listed sale data is an estimate 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 have access to official MLS sales history.
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