Property Overview: 22 Peter Glacken Place, Mission Gardens, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling mix of modern convenience and practical value. Built in 2013, it is a notably newer construction compared to most homes in the wider city and its immediate Mission Gardens area, suggesting fewer major maintenance concerns and contemporary building standards. With 1,230 sqft of living space, it offers a comfortable, efficient layout that is above average for the neighbourhood, making it a sensible choice for small families, couples, or downsizers.
The appeal lies in its position as a modern, low-maintenance property in an established community. While it sits on a smaller lot for its specific street, this can translate to less yard work. Its assessed value is strong for the Mission Gardens area, indicating good value retention. The home’s recent sale history shows significant appreciation, highlighting its investment potential.
This property would best suit practical buyers seeking a turn-key home without the quirks of an older build. It’s ideal for those who prioritize interior space and modern systems over a large yard. First-time buyers or investors may find its combination of a newer build and neighbourhood value appealing.
Section 2: Frequently Asked Questions
1. How does the lot size impact this property?
While the land area is the smallest on Peter Glacken Place, it is close to the average for the broader Mission Gardens area. This means outdoor maintenance is manageable, but expansion or adding large outdoor structures may be limited.
2. Why is the assessed value higher than the city average?
The assessed value of $43.50k is considered above average for Mission Gardens. This reflects the desirability of the neighbourhood and, importantly, the property’s newer year of build compared to much of Winnipeg's older housing stock.
3. What does the sale history indicate?
The home sold in 2018 for an estimated $300k-$350k and again in 2022 for $500k-$550k. This sharp appreciation suggests strong market demand for newer homes in this area, though past performance is not a guarantee of future gains.
4. Is this a good home for a growing family?
The living space is practical, but being above average for the area yet below average for the street itself presents a nuanced picture. It offers more room than many nearby homes but may feel compact compared to its direct neighbours. The smaller yard is also a consideration for children or pets.
5. How does this home compare to others in Winnipeg?
Context is key. This home is newer than 91% of properties city-wide. While its living space and lot size are around the city median, its value lies in its modern age within a stable neighbourhood, offering a balance of updates and location that can be hard to find.