Property Overview: 508 Transcona Boulevard
Key Characteristics & Appeal
This home at 508 Transcona Boulevard is a modern, efficiently sized property built in 2017. Its primary appeal lies in its contemporary construction and strong standing within its immediate neighbourhood. At 1,309 square feet, the living space is notably above average for Transcona Boulevard, ranking in the top 4% of similar homes on the street. The assessed value of $390K is also above the street average, suggesting a well-regarded property in its local context.
The home is ideally suited for first-time buyers, downsizers, or investors seeking a relatively new build that requires minimal immediate upkeep. Its modern age is a significant advantage compared to the much older Winnipeg housing stock citywide. A thoughtful perspective is that this property offers the benefits of a newer home without the premium lot size; the yard is compact (2,791 sqft), which translates to lower maintenance—a potential plus for buyers seeking a lock-and-leave lifestyle or preferring to spend less time on yard work. It represents a practical, turn-key option in a well-established area, rather than a fixer-upper or a sprawling suburban lot.
Frequently Asked Questions
1. How does this home’s value compare to the wider area?
While the home’s assessed value is above average for its street, it is below the average for the broader Peguis area. This indicates you are purchasing a well-positioned home on a desirable street within a neighbourhood that may have a wide range of property values, often including larger, more expensive homes.
2. What does the sold price history indicate?
Records show it last sold between $350K-$400K in late 2021. This past sale price range aligns closely with the current assessed value, suggesting stable valuation in recent years.
3. Is the lot size a concern?
The land area is smaller than most homes in both the Peguis area and Winnipeg overall. This means less outdoor space for gardening or expansion, but also significantly reduced yard maintenance, which many buyers appreciate.
4. What are the advantages of a 2017 build?
A home built in 2017 is relatively new, meaning major components like the roof, furnace, and windows are likely still in good condition and under any remaining warranty periods. This can offer peace of mind and help avoid major repair costs in the first few years of ownership.
5. How can I get the exact historical sold prices?
The exact sale figures are not publicly displayed due to industry rules. You can request the full transaction history by emailing the site directly; they will provide the verified details manually at no cost.