Property Overview & Key Characteristics
This home at 562 Transcona Boulevard presents a practical and modern living option in Winnipeg's Peguis area. Built in 2017, its key appeal lies in its relative newness, offering a contemporary build that requires less immediate maintenance compared to much of the city's older housing stock. With 1,242 sqft of living space, it provides a comfortably sized layout that is very typical for its specific street and slightly below average for the broader neighbourhood.
The assessed value of $370k positions this property as a more accessible entry point within the city, sitting below average for both its street and the Peguis area, but aligning closely with the Winnipeg-wide average. This suggests a value-oriented proposition. The lot size of 2,361 sqft is modest, especially when compared to city-wide norms, indicating a lower-maintenance yard—a potential benefit for some and a limitation for others.
This home would suit first-time buyers or downsizers seeking a modern, move-in-ready property without a premium price tag. It’s ideal for those who prioritize a newer build and efficient interior space over a large yard. The modest lot and value-focused pricing also make it a sensible candidate for investors considering a long-term rental property.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is below the average for both Transcona Boulevard and the wider Peguis neighbourhood, but is very close to the city-wide average. This indicates it may offer good value within its immediate area, especially given its newer construction year.
2. What are the implications of the lot size?
At 2,361 sqft, the lot is significantly smaller than the typical Winnipeg property. This means lower yard maintenance, but also less private outdoor space. It reflects a more efficient, modern subdivision layout.
3. Why is the year built highlighted as "Elite" in some rankings?
Built in 2017, this home is among the newest 5% of homes city-wide and the newest 4% on its street. This "Elite" ranking simply underscores its modern age, which often translates to newer building materials, systems, and potentially higher energy efficiency.
4. Is the sold price data shown the exact price?
No. For non-registered users, sold prices are shown in a range (e.g., CA$350k–400k). To obtain the exact historical sold price, you must request it via email from the site, as they manually provide this data due to industry regulations.
5. What is the neighbourhood analysis page?
This is a linked tool that allows you to view the property on a map alongside nearby homes, directly comparing metrics like year built, living area, and assessed value. It provides visual, contextual insight into how this home fits within its immediate surroundings.