Property Overview: 52 William Tweed Terrace, Winnipeg
Key Characteristics & Appeal
This home is a modern, low-maintenance property built in 2023, offering a move-in-ready experience in Winnipeg's Peguis neighbourhood. Its primary appeal lies in its contemporary construction and efficient use of space. With 1,819 sqft of living area, the home is notably spacious compared to the Winnipeg average, providing ample room for daily life, yet it sits on a more compact, manageable lot of 3,781 sqft. This combination suggests a design focused on interior living space over extensive yard maintenance.
The home’s assessed value of $502k positions it as an above-average property city-wide, indicating solid perceived value relative to the broader market. On its own street and in the immediate area, however, its value and lot size are more average or slightly below average, reflecting its place in a newer, consistently built neighbourhood.
This property would best suit buyers seeking a modern home without the concerns of older infrastructure, such as those looking to avoid near-term major repairs. It’s ideal for professionals or small families who prioritize interior square footage and contemporary finishes over having a large yard. The efficient lot size also appeals to those who prefer less outdoor upkeep.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is around the average for its immediate street and the Peguis area. Its standout value is more apparent in the city-wide context, where it ranks within the top 19% of all Winnipeg properties.
2. As a newer build (2023), what should I consider?
While offering modern amenities and systems, it’s part of a recently developed area. Consider researching the builder's reputation and understanding any remaining warranty coverage. Also, note that the landscaping and neighbourhood greenery may still be maturing.
3. The lot size is noted as below average. What does this mean practically?
The lot is smaller than many in the city and even on its own street. This means lower yard maintenance, but also less private outdoor space. It’s worth considering if you envision extensive gardening, outdoor entertaining, or future additions like a large deck or shed.
4. What is the recent sales history?
The property was last sold in September 2023 for a price between CA$500,000 and $550,000. For verified, exact historical sale figures, you must request a manual lookup from the site via email.
5. How does the living space truly compare?
The living area is above average for both the city and the broader Peguis area, meaning you get more interior space than many Winnipeg homes. On its specific street, it’s close to the average, so it fits comfortably within its immediate neighbourhood’s scale.