Property Overview: 302 El Tassi Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a balanced, modern option in Winnipeg's Peguis neighborhood. Built in 2018, its key appeal lies in its contemporary construction, offering a move-in-ready condition with less immediate concern for major repairs or updates common in older city homes. With 1,356 sqft of living space, it is moderately sized—slightly below average for its immediate street and neighborhood, but actually above the citywide average, indicating an efficient use of space.
The assessed value of $424k sits around the average for its street but below the neighborhood average, suggesting it may offer relative value within this newer area. The lot size is compact, which translates to lower maintenance but less private outdoor space—a trade-off that suits a certain lifestyle.
This property would best suit first-time buyers or downsizers seeking a modern, low-maintenance home in a developing community. It’s also a practical choice for value-conscious buyers who prioritize a newer build and are comfortable with a standard-sized interior and yard. A less obvious perspective is that its "city-wide average" rankings in key areas position it as a solid, middle-ground property without extreme outliers, potentially offering stability in a fluctuating market.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,356 sqft, the living area is slightly smaller than the average home on El Tassi Drive (1,459 sqft) and in the broader Peguis neighborhood (1,607 sqft). However, it is actually slightly larger than the average for all of Winnipeg (1,342 sqft).
2. Is the assessed value in line with the area?
The $424,000 assessment is very close to the street average ($422.3k). It is notably below the Peguis neighborhood average ($488.3k), but above the Winnipeg citywide average ($390.1k).
3. What are the implications of the lot size?
The lot is 2,625 sqft, which is smaller than most in Peguis and significantly smaller than the Winnipeg average. This means lower yard maintenance but also less potential for expansion or extensive outdoor living space.
4. How does the age of the home compare?
Built in 2018, it is newer than over 95% of homes across Winnipeg, placing it in an elite category city-wide. On its street and in Peguis, it is typical for the area, which is largely comprised of newer constructions.
5. What does the recent sales history indicate?
The home sold in March 2024 for an estimated $450k-$500k. Prior to that, it sold in June 2020 for an estimated $300k-$350k. This history shows significant appreciation, consistent with market trends for newer homes during that period.