Property Overview
This home at 2 Dr. David Marsh Row presents a compelling mix of modern convenience and relative value within Winnipeg’s Peguis neighborhood. Built in 2016, it offers the benefits of a newer construction, including likely updated building systems and modern finishes, without being brand new. Its 1,568 sqft living area is notably above the city-wide average, providing ample space for a growing family or those who appreciate room to spread out.
The appeal here lies in its positioning. While the home’s size and assessed value are below the high averages on its own street, this actually creates an opportunity to own a relatively newer home in an established area without paying the peak street premium. Compared to the wider city, it stands out as a larger, newer property with an above-average assessed value, suggesting a solid investment in a desirable tier of Winnipeg’s housing market. It would suit first-time buyers looking to step into a modern, spacious home, or practical-minded buyers who prioritize the condition and efficiency of a newer build over having the largest property on the block.
Frequently Asked Questions
1. Is this home a good value compared to its neighbors?
The data suggests it may be. While it’s a newer home (built 2016), its assessed value and living area are below the street average. This could indicate a more competitively priced entry point into a street of otherwise similar, slightly larger, and higher-valued homes.
2. What does the sold price history from 2021 tell us?
The home sold for between $500,000 and $550,000 in late 2021. Its current assessed value of $507k sits within that range, providing a recent benchmark. Market conditions have changed since 2021, so a current valuation would consider present trends.
3. How does the lot size compare?
The land area of 4,253 sqft is fairly typical for the street but is smaller than the average lot in both the Peguis neighborhood and Winnipeg overall. This points to a home oriented more toward interior living space and modern, lower-maintenance yard space.
4. Is this a newer area of Winnipeg?
The home’s 2016 build date is newer than most in Winnipeg, but it’s actually around the average age for the Peguis neighborhood, which has seen significant development. You’re getting a modern home in a community that is largely established, not a pioneering area.
5. Where can I get verified sale history and exact figures?
The provided data is compiled from public sources. For fully verified transaction history and exact sold prices, you would need to contact the site directly via email for a manual lookup, as MLS data is not displayed here.