Property Overview & Key Characteristics
This home at 53 William Tweed Terrace is a modern, spacious property in Winnipeg's Peguis neighborhood. Its primary appeal lies in its combination of above-average size, new construction, and a strong value position within a desirable area.
Key Characteristics & Appeal:
Built in 2023, this is a practically new home with over 2,600 square feet of living space. This size places it in the top tier locally, ranking in the top 1% of the Peguis neighborhood and the top 2% city-wide. The lot is a generous 6,534 sqft, offering ample outdoor space that is larger than most on its street. With an assessed value of $671,000, it sits above area averages, reflecting its premium specifications and newer build.
The home suits buyers looking for a move-in-ready, modern property without the wait of new construction. It’s ideal for growing families or professionals who prioritize space and contemporary amenities. A thoughtful perspective is that while newer, the home is situated in an established, fast-growing part of Peguis, offering a balance between a fresh home and a maturing community landscape. Its elite rankings for size and value suggest it’s a standout property that should hold its appeal in the market.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
It is significantly larger than average. With 2,623 sqft, it is about 1,000 sqft larger than the Winnipeg average and ranks in the top 1% for living area within the Peguis neighborhood.
2. What is the neighborhood like?
Peguis is a modern neighborhood. The data shows many homes on William Tweed Terrace and nearby were built around 2023, indicating this is a newer, developing community with contemporary homes.
3. What was the previous sale price?
Records indicate it sold in February 2023 for between $750,000 and $800,000. Exact sold prices can be provided upon request via email from the listing service.
4. Is the assessed value in line with similar homes?
Yes. Its $671,000 assessment is above the street and neighborhood averages, ranking in the top 2% in Peguis. This aligns with its larger size and newer construction compared to area benchmarks.
5. How does the lot size compare?
The 6,534 sqft lot is above average for the street and neighborhood. It provides more outdoor space than many immediate neighbors, though it is slightly below the city-wide average for comparable homes.