Property Overview: 325 Peguis Street, Winnipeg
Key Characteristics & Appeal
This 2021-built home offers a modern, low-maintenance living experience in Winnipeg’s Peguis neighborhood. Its primary appeal lies in its balance of being a newer construction within a more established area. At 1,248 sqft, the living space is compact compared to many older homes in the wider neighborhood, but it is efficiently designed and requires minimal immediate upkeep.
The property stands out on its specific street, where it boasts an above-average assessed value and a larger-than-standard lot size. This suggests it is a premium offering among its immediate neighbors. However, its context shifts when viewed against the broader Peguis area, where homes typically have larger lots and living spaces. This creates a unique positioning: it’s a contemporary, move-in-ready home that appeals to those seeking modern amenities without the footprint or maintenance of a larger, older property. It would suit first-time buyers, downsizers, or investors looking for a newer build with strong potential for modern efficiency and lower near-term repair costs.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value of $355k is above the average for Peguis Street itself, indicating it’s a higher-tier property on its immediate block. However, it is below the average for the wider Peguis neighborhood, largely because many area homes are larger and on bigger lots.
2. What are the implications of the lot size?
At just over 3,000 sqft, the lot is generous for the street but smaller than the neighborhood norm. This means less yard maintenance, which is a plus for many, but may offer less private outdoor space than other homes in the broader area.
3. As a 2021 build, what should I expect regarding condition?
Being only a few years old, major systems (roof, HVAC, appliances) should be in excellent condition and likely under any remaining manufacturer warranties. This is a significant advantage compared to Winnipeg’s city-wide average home built in 1966.
4. Where can I find verified past sale prices?
The site provides an estimated sold price range from 2021. For fully verified and exact historical transaction figures, you must request a manual lookup via email, as this data is not sourced from the MLS.
5. Who might this property not suit?
Buyers prioritizing expansive indoor living space or a very large, private yard typical of the broader neighborhood may find this home too compact. Its appeal is geared more toward modern convenience and efficiency than traditional spaciousness.