56 William Tweed Terrace

Peguis, Winnipeg

Property score

81.2

Excellent

Overall 81.2 · Newer than most nearby homes

1,646 sqft (top 36%) · Built in 2022 (5 yrs newer than avg)

Located in a high-income area with median household income of ~105k

Transit 70.0 · 5-min walk to transit with 3 nearby routes

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Above average

5 yrs newer than neighborhood avg.

Mother tongue

English · 58%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

81.2 is composed by the two sections below.

Property Score

81.2Excellent
Living Area83
1,646 sqftExcellent
Year Built100
2022Excellent
Lot Size46
3,781 sqftLow
Neighbourhood Sales Activity89
Excellent

Community Score

81.3Excellent
Household Income87
Excellent
Education Level72
Good
Housing Stress63
Fair
Core Housing Need88
Excellent
Employment Health83
Excellent

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: #46111253

Community deep dive

$105K

Median household income

$113K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

18%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)5,276
Labour force participation rate76%
Median age36.4
Avg household size2.9
Unemployment rate7%
Population density2536 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households18%
Couple families with children38%
Median household income (2020)$105K

Housing

Renter households30%
Condominium dwellings4%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority47%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 57%
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

above average
1,646 sqft
0255075100
Same streetBottom 22%Same areaTop 36%CitywideTop 23%
Same street · William Tweed Terrace
#47 / 60
Bottom 22% · Avg 1,898 sqft
Same area · Peguis
#577 / 1,619
Top 36% · Avg 1,607 sqft
Citywide · Winnipeg
#45,031 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
468k
0255075100
Same streetBottom 8%Same areaBottom 40%CitywideTop 25%
Same street · William Tweed Terrace
#55 / 60
Bottom 8% · Avg 539.4k
Same area · Peguis
#973 / 1,619
Bottom 40% · Avg 488.3k
Citywide · Winnipeg
#49,066 / 194,458
Top 25% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetBottom 28%Same areaTop 17%CitywideTop 1%

Lot Size

around average
3,781 sqft
0255075100
Same streetBottom 20%Same areaBottom 34%CitywideBottom 23%

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

56 William Tweed Terrace: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 56 William Tweed Terrace, Winnipeg

Property Overview

This two-storey home at 56 William Tweed Terrace in Winnipeg’s Peguis neighbourhood presents a modern, low-maintenance living option. Built in 2022, its key appeal lies in its contemporary construction, meaning it’s unlikely to require major system updates or repairs in the near future. With 1,646 sqft of living space, an attached garage, and a good-sized 3,781 sqft lot, it offers practical suburban family living. The home ranks highly for its newness compared to most of Winnipeg and sits on a larger-than-average lot for its immediate street. Its assessed value positions it solidly within the mid-range for the area. The basement exists but is not renovated, presenting a blank canvas for future expansion.

This property would suit first-time homebuyers or young families looking for a move-in-ready home without the worries of older infrastructure. It’s also a sensible fit for buyers who prefer a newer build but don’t require a massive footprint, valuing a balance between modern amenities and manageable space. A less obvious angle is its potential for an investor or buyer who sees value in the unfinished basement, as completing it could significantly increase the livable square footage and overall value down the line.


Frequently Asked Questions

Is this a brand-new home?
No, it was built in 2022, so it’s approximately four years old. This means it’s still very modern but past the initial builder warranty period, and any initial settling or minor issues should have already surfaced.

What does “basement, not renovated” mean?
It indicates the home has a basement, but it is unfinished. It likely has concrete floors and walls, with rough-in for utilities, offering potential for future development into additional living space, a recreation room, or storage.

How does this home compare to others on the street?
The data shows this home ranks in the top quarter for lot size on William Tweed Terrace, meaning its yard is larger than most of its direct neighbours. It’s also newer than about 70% of the homes on the street.

What is the Peguis neighbourhood like?
Peguis is a developing neighbourhood in Winnipeg. The presence of many recently built homes (like this 2022 model) suggests it’s a community with many new residents and modern amenities, likely appealing to those seeking a fresh suburban environment.

Why is the assessed value different from the listing price?
The assessed value ($46,800k) is for municipal tax purposes and is typically lower than a home’s current market value or listing price. It’s a useful benchmark for comparing the property’s municipal tax burden to similar homes in the area, but not for determining sale price.