Property Overview: 56 Art Miki Way, Winnipeg
Section 1: Key Characteristics & Appeal
This home is defined by its modern build and efficient footprint. Built in 2021, it is one of the newest homes on its street and ranks among the top 2% newest city-wide, offering the appeal of minimal maintenance and contemporary construction standards. With 1,294 sqft of living space, it provides a comfortable, manageable size that is slightly below average for the immediate neighborhood but very close to the city-wide average, suggesting a practical layout without excess. The assessed value of $471k sits around the average for the street and Peguis area but is notably above the Winnipeg city average, indicating a perceived premium for its location and newness.
The appeal lies in a move-in-ready, modern home within a newer subdivision. The lot size (3,151 sqft) is smaller than most in the broader area, which translates to less yard maintenance—a plus for busy professionals or those seeking a lock-and-leave lifestyle. It would suit first-time buyers looking for a modern property without the upkeep of an older home, or downsizers wanting a newer build with a manageable space and yard. A thoughtful perspective is that while the home is newer, its value is significantly higher than the city median, so you are paying a notable premium for age and location within a newer community. The data suggests you're acquiring modernity and convenience rather than abundant space.
Section 2: Frequently Asked Questions
1. How does this home's value compare to others?
Its assessed value is above the Winnipeg city average but typical for the immediate Peguis area. This suggests you are paying for the specific desirability of this newer neighborhood.
2. What are the implications of the smaller lot size?
The lot is smaller than most in Peguis and Winnipeg overall. This means lower maintenance, but also less private outdoor space and potentially less room for future expansions like decks or sheds.
3. Is this a good investment given it's only a few years old?
As a nearly new build, major components like the roof, HVAC, and appliances should have considerable life left, reducing near-term capital costs. However, much of its "newness" premium may already be reflected in its current assessed value.
4. What can the 2021 sale price tell me?
The home sold between $300k-$350k in early 2021. The jump to its current $471k assessment reflects significant market appreciation and the added value of the completed, lived-in home versus its initial sale price.
5. Where can I get exact historical sale data?
The provided sold price is an estimated range from public data. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as they do not display MLS records directly.