Property Overview: 572 Transcona Boulevard, Winnipeg

Section 1: Key Characteristics & Appeal

This 2017-built home in the Peguis neighborhood offers a modern, low-maintenance footprint with a thoughtfully efficient layout. At 1,242 sqft, its living space is very close to the Winnipeg average, providing comfortable room for daily life without excess. The standout feature is its contemporary age; it's among the newest homes on its street and city-wide, suggesting modern building standards, systems, and less immediate need for major updates.

The appeal lies in its balance and value positioning. With an assessed value of $407k, it sits above the street average but notably below the broader neighborhood average, indicating a premium for its newer construction within a more affordable pocket of Peguis. The lot is compact (2,361 sqft), which translates to less yard upkeep—a plus for those seeking a lock-and-leave lifestyle or who prefer to spend weekends elsewhere.

This property would suit first-time buyers or downsizers looking for a modern, move-in-ready home without the premium of a brand-new build. It’s also a practical choice for value-conscious buyers who prioritize newer mechanical systems (like HVAC and plumbing) over expansive square footage or large yards. A less obvious perspective is its potential appeal to data-driven buyers: its strong assessed value rank on its specific street suggests it's perceived as a solid asset within its immediate peer group, which can be a marker of stability.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to others?
The living area is very close to the city-wide average. It’s typical for its street but smaller than many homes in the wider Peguis area, which often feature larger, older properties on bigger lots.

2. Why is the assessed value higher than the street average?
The primary reason is likely the home’s age. Being one of the newest houses on the block (ranked #2 out of 56 for year built), its modern construction and systems command a valuation premium compared to older neighboring homes.

3. What does the lot size mean for me?
The lot is compact, even by street standards. This means lower maintenance for gardening and yard work, but less private outdoor space. It aligns with a simpler, more efficient use of property.

4. How reliable is the past sale price shown?
The displayed sold price range (CA$300k–350k in July 2021) is based on public data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup from the site via email.

5. Is this a good investment compared to the neighborhood?
The data presents a mixed picture. It’s a top-tier property on its street but sits below the neighborhood average for value. This could mean it has less upside in a rising market than a fixer-upper, but it may also hold its value well due to its modern condition in an area with generally older homes.