Property Overview

This home at 576 Transcona Boulevard presents a modern, low-maintenance living option in Winnipeg's Peguis neighbourhood. Built in 2017, its key appeal lies in its contemporary construction, offering buyers a relatively new home that likely requires fewer immediate repairs or updates compared to the city's older housing stock. With 1,242 sqft of living space and an assessed value of $373k, it sits as a solidly average property on its own street in terms of size and value. However, the context is revealing: its lot size is notably smaller than most in the wider area and across Winnipeg, which translates to less yard upkeep. This is a home for those prioritizing a modern interior and efficient layout over expansive outdoor space.

Its profile suits first-time homebuyers or downsizers seeking a turnkey property from the last decade. It also appeals to value-conscious buyers who want newer systems and finishes but find newer, larger homes in the suburb or city priced beyond their reach. A less obvious perspective is that its "below average" lot size for the area isn't necessarily a drawback—it represents a practical choice for those who prefer a simpler, more manageable yard without the maintenance burden of a larger plot.

Frequently Asked Questions

1. How does this home's value compare to its neighbours?
The home's assessed value is very close to the average on Transcona Boulevard itself but is significantly below the average assessed value for the broader Peguis area. This suggests it may offer a more accessible entry point into a neighbourhood where many properties have higher valuations.

2. What are the implications of the lot size being "below average"?
The land area of 2,361 sqft is compact compared to many lots in Peguis and across Winnipeg. This typically means a smaller backyard, potentially less privacy, and limited space for large additions like a detached garage. Conversely, it means less time and money spent on landscaping and yard maintenance.

3. The home is ranked "Elite" for year built in some categories. What does that mean?
Being in the top 5% for year built city-wide and top 4% on its street simply confirms it is one of the newest homes in those comparison groups. For a buyer, this strongly suggests newer major components (roof, HVAC, windows, appliances), which can provide peace of mind and reduced near-term capital expenses.

4. Is the sold price history available?
Exact sold prices are not displayed publicly on this site. The data indicates it sold between $350k-$400k in October 2021. You can request the exact historical figures via email from the site provider, who will manually look them up.

5. Who would this property NOT be well-suited for?
It would likely not suit buyers looking for a large, private yard, those wanting significant space for expansion, or families desiring substantial indoor living area, as the square footage is below the neighbourhood average. It's also less ideal for investors solely focused on land value appreciation, given the compact lot size.