Property Overview: 341 Peguis Street, Winnipeg
Key Characteristics & Buyer Profile
This is a modern, well-sized home built in 2021, offering the appeal of a nearly new property without the premium often associated with brand-new construction. With 1,327 sqft of living space, it sits comfortably above average for its immediate street and aligns closely with the typical Winnipeg home size. Its assessed value of $344k is very typical for Peguis Street but represents a significant value within the broader Peguis neighborhood, where average values are much higher. This suggests you're acquiring a newer home in an established area at a relatively accessible price point.
The appeal lies in this balance: modern building standards and efficiency in a settled location. The lot is compact (2,309 sqft), which means lower maintenance but less private outdoor space—a trade-off that suits a lock-and-leave lifestyle or those prioritizing interior over exterior space. Recent sale activity indicates strong demand on this specific street.
This property would best suit first-time buyers or downsizers seeking a modern, low-maintenance home in a mature neighborhood. It’s also a pragmatic choice for investors or owner-occupants who value contemporary builds (it’s newer than 98% of Winnipeg homes) and want to avoid the immediate major repairs often needed with older stock.
Frequently Asked Questions
1. Is the sold price data shown here accurate?
The sold price ranges provided are based on publicly available data and are reasonably reliable for market insight. However, to obtain the exact, verified sale figures and full transaction history, you must request them directly via email, as this site does not display MLS records.
2. How does the lot size impact living here?
The lot is significantly smaller than both neighborhood and city averages. This means minimal yard upkeep, but also limited potential for expansions like large decks, sheds, or additions. It emphasizes the home's interior and efficient use of space over sprawling outdoor living.
3. The home is newer than most in Winnipeg. Does that mean lower maintenance costs?
Generally, yes. A 2021 build likely has modern systems, appliances, and building materials still under warranty or with long lifespans ahead, potentially reducing unexpected repair costs for the next several years compared to an older home.
4. The assessed value is much lower than the neighborhood average. Why?
This highlights the diversity within the Peguis area. The neighborhood average is pulled up by larger, more expensive homes. This property's value is consistent with its immediate street and reflects its more compact lot size. It indicates you may be looking at a more affordable pocket of the neighborhood.
5. What does the sale history tell us about this property's market?
It sold previously in 2021 and again in early 2025. The increase in sale price band between those transactions aligns with broader market trends and suggests the property has held its value. The fact it sold quickly in 2025 (January) points to sustained buyer interest in this specific street and for homes of this age.