Property Overview: 44 Art Miki Way, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a modern, well-sized property built in 2021, offering the advantages of a near-new construction with minimal initial maintenance. Its primary appeal lies in its strong performance relative to benchmarks. The living space (1,618 sq ft) is notably above average for its immediate street and the wider city, indicating a spacious interior for a newer build. With an assessed value of $504,000, it sits in the top tiers for its street and city-wide, suggesting a premium valuation for its condition and size.
The data presents a nuanced picture: while the lot size is modest compared to the city average, it is consistent with newer subdivisions where efficient land use is common. This makes the property particularly suited to buyers who prioritize a modern, low-maintenance home with generous interior space over a large yard. It would appeal to professionals, small families, or downsizers seeking a contemporary layout without the worries of an older home, all within a neighbourhood of similar recent builds.
A thoughtful perspective is that this home exists in a sweet spot—it’s new enough to have modern efficiencies and building standards, but not so new that it lacks established landscaping and a settled neighbourhood feel. Its value metrics suggest it’s a standout on its street, which could contribute to stable property values.
Section 2: Frequently Asked Questions
1. How does the lot size compare to the neighbourhood?
The land area of 4,201 sq ft is around average for Art Miki Way and the broader Peguis area. It is, however, smaller than the typical Winnipeg lot, which is common for newer developments.
2. What does the "Elite" ranking for Year Built mean?
This indicates the home is among the newest 5% of properties on its street and the newest 2% city-wide. It highlights that the home is a very recent construction compared to Winnipeg's overall housing stock, which has a city-wide average build year of 1966.
3. Is the assessed value a reliable indicator of market price?
The assessed value is for municipal tax purposes and is one data point. While this home's assessment is above average on multiple scales, market price is determined by current conditions, buyer demand, and the specific sale details of comparable homes.
4. What can the past sale data tell me?
Records show the property sold in December 2020 for between $400,000 and $450,000. This provides a historical benchmark, but the current assessed value and market trends must be considered for today's value.
5. Where can I see more detailed comparisons?
You can explore the interactive neighbourhood analysis page to see this property on a map and compare its year built, size, and value directly against nearby houses.