Property Overview: 310 Philip Lee Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a well-situated, modern property built in 2016, offering a balanced profile in the Peguis neighborhood. Its key appeal lies in its relative newness and above-average citywide value, providing a contemporary living space without the premium often associated with brand-new construction.
The 1,316 sqft living space is typical for its immediate street and the city overall, but is slightly more compact compared to other homes in the Peguis area. This efficient layout could suit first-time buyers, downsizers, or those seeking lower utility and maintenance costs. The lot size of just over 6,000 sqft is a notable strength within the neighborhood, offering generous outdoor space that is above the local average.
The assessed value of $506k tells an interesting story: it’s around average for the street and neighborhood, but ranks well above average compared to the entire city of Winnipeg. This suggests you are investing in a property that holds solid value in a broader context, likely due to its age and location. The home’s strongest suit is its modern build year combined with a practical lot size, appealing to buyers who want a newer home in a developed community without a massive footprint.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,316 sqft, the living area is very close to the Winnipeg city average. On its own street, it’s ranked near the middle, but within the broader Peguis neighborhood, it is somewhat smaller than the typical home. This indicates a more efficient, potentially easier-to-maintain floor plan.
2. Is the assessed value reasonable for the area?
The $506k assessment is around the middle of the range for both Philip Lee Drive and the Peguis neighborhood. However, it is significantly above the average assessed value for the entire city, indicating a strong valuation relative to Winnipeg’s overall housing stock.
3. What is the significance of the lot size?
The 6,071 sqft lot is a standout feature for the Peguis area, ranking in the top 19% locally. It offers more usable outdoor space than many neighboring properties, which is a valuable asset for gardening, recreation, or future additions.
4. What can the last sold price tell me?
The home last sold between $350k-$400k in mid-2016. Given its current assessed value, this shows significant appreciation. For exact historical sold prices, you must request the information directly via email, as per the site’s data policies.
5. Who would this property suit best?
This home is an excellent match for buyers seeking a relatively new (2016), low-maintenance property in a stable community. Its efficient size and above-average lot make it ideal for small families, professional couples, or downsizers who value a modern build and outdoor space without the scale of a larger, older home. Its citywide value ranking also makes it a prudent choice for value-conscious buyers.