589 Transcona Boulevard

Peguis, Winnipeg

75.8

Good

Overall 75.8

Smaller than most nearby homes

1,390 sqft (bottom 27%)

Built in 2020 (3 yrs newer than avg)

Located in a high-income area

with median household income of ~105k

Transit 80.0

2-min walk to transit with 3 nearby routes

Living Area

Below average

14% smaller than neighborhood avg.

Year Built

Near average

3 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

75.8 is composed by the two sections below.

Property Score

72.2Good
Living Area1,390 sqft71Good
Year Built202097Excellent
Lot Size3,280 sqft38Low
Neighbourhood Sales Activity89Excellent

Community Score

81.3Excellent
Household Income87Excellent
Education Level72Good
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health83Excellent

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

Elite
1,390 sqft
0255075100
Same streetTop 2%Same areaBottom 27%CitywideTop 36%
Same street · Transcona Boulevard
#1 / 56
Top 2% · Avg 1,284 sqft
Same area · Peguis
#1,176 / 1,619
Bottom 27% · Avg 1,607 sqft
Citywide · Winnipeg
#70,307 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

above average
399k
0255075100
Same streetTop 11%Same areaBottom 12%CitywideTop 39%
Same street · Transcona Boulevard
#6 / 56
Top 11% · Avg 382k
Same area · Peguis
#1,417 / 1,619
Bottom 12% · Avg 488.3k
Citywide · Winnipeg
#75,018 / 194,458
Top 39% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 2%Same areaTop 34%CitywideTop 3%

Lot Size

Elite
3,280 sqft
0255075100
Same streetTop 4%Same areaBottom 21%CitywideBottom 16%

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

Sold 3/2020CA$300k–350k
Sold price

Same street

Bottom 10%

Same area

Bottom 8%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 589 Transcona Boulevard, Winnipeg

Property Overview: 589 Transcona Boulevard, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a modern, well-sized property built in 2020, offering a move-in-ready opportunity with the benefits of a newer build. Its primary appeal lies in its strong standing within its immediate neighbourhood. On Transcona Boulevard, it ranks in the top tier for living space, lot size, and newness, suggesting it's a premium offering on that specific street. With 1,390 sqft of living area and a 3,280 sqft lot, it provides comfortable, low-maintenance indoor and outdoor space.

The assessed value of $399k is above the street average but notably below the average for the wider Peguis area, presenting a potential value proposition. This profile suits first-time buyers or young families seeking a contemporary home without major renovation concerns, and who prioritize a modern interior over a very large yard. A thoughtful perspective is that this property represents a "sweet spot" – it's newer than most homes city-wide, yet its value is anchored more to its immediate street, which may offer a stable and predictable investment compared to more volatile areas.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street?
It is a standout on Transcona Boulevard. It is the newest home, has more living space than the street average, and sits on a larger-than-average lot for the area.

2. Why is the assessed value lower than the Peguis area average?
The wider Peguis area includes a variety of homes, many of which are larger, on bigger lots, or in different sub-areas. This property's value is more aligned with the specific profile of homes on its section of Transcona Boulevard, which may feature more modest lot sizes.

3. What can the 2020 sale price tell us?
The home sold for an estimated $300k-$350k in March 2020. This was near its build date and provides a historical baseline, but market conditions and property values have likely shifted since then.

4. Is the lot size a drawback?
It depends on your priorities. The lot is generous for the street but smaller than the typical Winnipeg property. This means less yard maintenance but also less private outdoor space, which is a trade-off for the modern interior.

5. How can I verify the exact historical sale prices?
The site notes that exact sold prices are not displayed publicly due to data source rules. You can request the exact figures by email, and they will provide a manual lookup of the transaction history.

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