Property Overview
This home at 31 Sheilagh Ball Cove in Winnipeg's Peguis neighbourhood presents a modern, low-maintenance living option. Built in 2021, its primary appeal lies in its above-average interior space relative to the city and its contemporary condition, which minimizes immediate repair concerns. The 2,060 sqft living area is notably larger than the Winnipeg average, offering room for a growing family or those who value spacious modern layouts without the footprint of an oversized lot. The assessed value of $536k sits comfortably above the city-wide average, suggesting a solid level of finish and amenities for the price point.
However, the property offers a distinct trade-off: the 4,017 sqft lot is significantly smaller than others on its own street. This positions the home well for buyers who prefer a smaller yard to maintain but should be noted by those envisioning extensive outdoor space, additions, or privacy from neighbours. It last sold for an estimated $600k-$650k in late 2023.
This home would best suit practical, forward-thinking buyers such as young families or professionals seeking a modern, move-in-ready home in a newer community. It’s ideal for those who prioritize interior square footage and contemporary builds over expansive outdoor land. It may also appeal to downsizers from larger, older properties who want space indoors but are ready to leave behind extensive yard work.
Frequently Asked Questions
How does the lot size impact potential for expansion or outdoor living?
The lot is smaller than most on the street and below the city average. While sufficient for a patio or deck, it may limit possibilities for large additions, pools, or extensive landscaping, making efficient design key.
What does the "above average" city-wide ranking for living area actually mean?
With a living area ranking in the top 9% city-wide, this home offers more interior space than over 90% of Winnipeg homes. This is a significant advantage for the price, especially compared to the city's average older housing stock.
The home sold recently in 2023. What should I consider?
As a relatively recent resale, major systems should be under warranty and in good condition. It’s worthwhile to inquire about the seller’s reason for moving and to review any upgrades made since the 2021 build.
How does its value compare to the immediate area?
The assessed value is slightly below the average for Sheilagh Ball Cove itself but is above the averages for both the broader Peguis area and the city. This suggests you may get more home for your money here than in many other Winnipeg neighbourhoods.
Is the sold price data shown exact?
No. The displayed sold price range is an estimate. To obtain the exact historical sale figure, you must request it directly via email from the site, as they manually provide this data due to industry regulations.