520 Transcona Boulevard

Property Overview

This home at 520 Transcona Boulevard is a modern, efficiently sized property that presents a specific value proposition. Built in 2017, it is a notably newer construction compared to the average Winnipeg home. With 1,309 sqft of living space, it offers a comfortable footprint that is actually above average for its immediate street. The assessed value of $381k sits comfortably around the average for both the street and the wider city, suggesting a stable, mid-market valuation.

Its appeal lies in its modern age and move-in readiness, likely requiring less immediate maintenance than older stock. The data indicates it suits buyers seeking a newer build in a established neighbourhood, who prioritize a modern home over a larger lot size, as the property sits on a smaller, urban-style lot. It would fit well for first-time buyers, small families, or downsizers looking for a low-maintenance, contemporary living space without a premium price tag. A thoughtful perspective is that this property represents a trade-off: you gain a newer home with potentially lower upkeep costs, but you accept a smaller outdoor space compared to many other areas.

Frequently Asked Questions

How does the lot size compare to other homes?
The land area is 2,791 sqft, which is smaller than the typical lot in both the broader Peguis area and across Winnipeg. However, it is quite standard for its specific street on Transcona Boulevard.

Is the assessed value in line with recent sale prices?
The home last sold in March 2021 for between $300k and $350k. The current assessed value of $381k reflects market changes since that time and is aligned with average values on its street and city-wide.

What does "Elite" ranking for Year Built mean?
This indicates the home is among the newest 5% of comparable properties city-wide and on its street. Built in 2017, it is significantly newer than the Winnipeg city-wide average home, which was built around 1966.

Why is the living area considered "Elite" on the street but "below average" in Peguis?
This highlights the character of the immediate neighbourhood. The homes on Transcona Boulevard tend to be more compact, making this home's size competitive there. The broader Peguis area includes many homes with larger square footage, pulling that average up.

How can I get the exact historical sale price?
The site provides sold price ranges for non-members. To receive the exact sale figures and a full transaction history, you can request a manual lookup by email. This service is provided without obligation or marketing spam.