Property Overview: 55 Sheilagh Ball Cove, Winnipeg

Key Characteristics & Appeal

This home is a modern, well-sized property built in 2021, offering a balance of space and value within a newer Winnipeg neighbourhood. Its 1,688 sqft living area is above the city-wide average, providing ample room for a growing family or those seeking a comfortable, contemporary layout without an overly large footprint. The assessed value of $494k sits notably above the Winnipeg average, yet is below the average for its own street, suggesting a potential value position within a desirable, newer-built enclave in Peguis.

The primary appeal lies in its modern construction and efficient use of space. As a home from 2021, buyers can expect contemporary building standards, energy efficiency, and minimal immediate maintenance, a significant advantage compared to the city's much older average home. Its lot size (4,254 sqft) is smaller than others on the street, which translates to less yard upkeep—a perk for those seeking a low-maintenance lifestyle without sacrificing indoor living space.

This property would best suit pragmatic buyers looking for a turn-key, modern home in a developing area. It’s ideal for professionals or families who prioritize a newer build with modern amenities and are comfortable with a property that offers strong city-wide value metrics, even if it’s more modest relative to its immediate neighbours. It may also appeal to those who see the below-street-average valuation as an entry point into a street of newer, generally higher-valued homes.

Frequently Asked Questions

1. Is this a good value for the money?
Based on the data, the home presents a mixed picture. Its assessed value is above the Winnipeg average but below the average for Sheilagh Ball Cove itself. This could indicate a relative value opportunity on a street of newer, often higher-valued homes, but buyers should investigate why this specific property is valued lower than its neighbours.

2. What does the lot size mean for me?
At 4,254 sqft, the lot is smaller than most on the street. This typically means less yard maintenance and gardening work, which can be a positive for busy households. However, it may offer less private outdoor space or room for future expansions like a large deck or addition compared to neighbouring properties.

3. How does the living area compare practically?
At 1,688 sqft, the home is spacious compared to the typical Winnipeg house, but slightly smaller than the average in its immediate neighbourhood. This suggests a efficient, modern floor plan that maximizes usable space, likely suitable for a family but may have fewer or smaller rooms than some larger homes nearby.

4. The home sold in 2021. What does that history imply?
The property was last sold when it was newly built. This means the current sale would be its first resale, so the next buyer will be the first to put wear on the home. There's no long-term price history, so market appreciation will be judged from its original purchase price to its current listing.

5. Are the sold prices shown for this exact home?
The sold price range provided (CA$400k–450k) is from its last sale in 2021. The site notes that exact, fully verified sales figures require a manual lookup due to data source rules. For precise historical pricing, you must request that information directly from the site via email.