Property Overview: 160 Prairie Crocus Drive, Peguis, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a study in practical balance. Built in 2017, it is a notably modern property compared to the average Winnipeg home, offering the appeal of newer construction with less immediate concern for major repairs or updates. With 1,007 sqft of living space, it is a compact and efficient layout, well-suited for individuals, couples, or small families who prioritize low-maintenance living over expansive square footage.
Its primary appeal lies in its value positioning. The assessed value of $434k sits comfortably below the average for the immediate Peguis area, suggesting a more accessible entry point into a newer-built home. Interestingly, this value is slightly above the city-wide average, highlighting that you are paying for the desirability of a younger home in a established neighbourhood. The lot size is modest, which translates to less yard work—a perk for some, a limitation for others.
This property would best suit first-time buyers or downsizers seeking a modern, move-in-ready home without a premium price tag for extra space they may not need. It’s for the buyer who values contemporary building standards and simplicity, and who sees a smaller, well-located lot as a feature rather than a drawback.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 1,007 sqft, the living area is below average for both the street and the wider Peguis neighbourhood. This indicates a more compact, efficient floor plan compared to many surrounding homes.
2. Is the assessed value considered high for the city?
The $434k assessment is actually above the city-wide average for comparable homes. This reflects the value placed on its newer construction year (2017), which is significantly newer than the typical Winnipeg home.
3. What does the “Elite” ranking for Year Built city-wide mean?
This indicates the home is newer than approximately 95% of comparable properties across Winnipeg. It’s a standout feature for buyers looking to avoid the potential issues and update costs of an older housing stock.
4. How reliable is the sold price data from 2017?
The listed sale from 2017 is based on publicly available data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup from the site via email.
5. What are the trade-offs for getting a newer home at this price point?
The data suggests the trade-off is primarily in space. To secure a modern home built in 2017 at this price, you are accepting less living area and a smaller lot size than many other homes in the broader area. It’s a balance of preferring newer infrastructure over square footage.