Property Overview

This home at 70 Larry Vickar Drive E in Winnipeg's Peguis neighbourhood presents a compelling blend of modern comfort and practical value. Built in 2017, it offers 1,750 sqft of living space on a 4,018 sqft lot, with a current assessed value of $507,000.

Key Characteristics & Appeal

The primary appeal of this property lies in its efficient, modern design within a well-established newer subdivision. The home's living area is notably spacious compared to both the immediate street and the wider Winnipeg market, ranking in the top 20-26% for size. Its 2017 build date is a significant advantage, placing it in the top 5% of homes city-wide by age, which suggests modern building standards, energy efficiency, and minimal immediate repair needs.

The assessed value tells an interesting story: while it is around the average for its specific street and neighbourhood, it ranks well above average (top 19%) compared to the entire city. This indicates you are getting a relatively newer, larger home for a value that is competitive locally but stands out on a city-wide scale. The lot size is typical for the subdivision but smaller than the Winnipeg average, pointing to a lower-maintenance yard ideal for busy professionals or those not seeking extensive gardening.

This home would best suit buyers looking for a move-in ready, modern property without the premium often attached to brand-new construction. It’s ideal for small families, couples, or professionals who prioritize interior space and contemporary features over a large yard. The data suggests it offers a smart balance, providing more modern amenities and space than a typical Winnipeg home at a value that is standard for its desirable, newer community.

Frequently Asked Questions

1. How does this home’s value compare to others in Winnipeg?
The home’s assessed value of $507,000 is above the city-wide average (~$390k), ranking in the top 19%. This is largely due to its 2017 build date, which is significantly newer than the average Winnipeg home (built ~1966).

2. Is the lot size a drawback?
The 4,018 sqft lot is standard for Larry Vickar Drive E and the Peguis area but is below the city-wide average. This means less yard maintenance, which is a benefit for some, but may not suit those wanting extensive outdoor space for gardening or recreation.

3. What does the sale history indicate?
The home was previously sold between May 2017 for a price in the CA$350k–400k range. The increase to the current assessed value reflects market appreciation over the past 7-8 years, consistent with trends for newer homes in developing neighbourhoods.

4. How does the living space compare to nearby homes?
With 1,750 sqft, this home offers above-average living space for its immediate street, neighbourhood, and the city overall. It provides more interior room than most comparable homes in its direct area, which average about 1,587–1,607 sqft.

5. Where can I get verified sale price data for this property?
The site provides sold price ranges based on public data. For fully verified, exact historical sale figures, you must request a manual lookup via email, as this information is not sourced from the MLS and is not displayed directly on the page.