Property Overview: 59 Jerry Klein Drive, Winnipeg
Key Characteristics & Appeal
This home is a modern 2024 build, offering the appeal of a nearly new property with minimal maintenance history. At 1,663 sqft, its living space is above average for Winnipeg overall but is more modest compared to other newer homes on its own street in the Peguis neighbourhood. This presents a nuanced value proposition: you are acquiring a contemporary home with modern building standards and efficiencies, but without the premium square footage that typically accompanies new construction in the area.
The assessed value of $493k follows a similar pattern—it sits above the city-wide average but is notably below the average for Jerry Klein Drive itself. This suggests the home may offer a relative value entry point into a street of newer, often larger homes. The lot size of 4,016 sqft is compact city-wide but consistent with the local area, favouring low-maintenance outdoor space.
This property would best suit buyers who prioritize modern construction and systems over sheer size, and who are savvy about comparative value. It’s ideal for a professional couple, small family, or downsizer seeking a turn-key, energy-efficient home in a developing area, who understand they are buying the "new" factor and building quality rather than the largest footprint on the block.
Frequently Asked Questions
1. How does the value compare to nearby sales?
The home sold in March 2024 for an estimated $600k-$650k. Its current assessed value of $493k is below the average for its immediate street, indicating it may be positioned competitively against neighbouring newer homes.
2. What does the "below average" ranking for living area on its street mean?
While the home is spacious compared to the Winnipeg average, the ranking indicates that on Jerry Klein Drive—a street of very new homes—many properties are larger. This isn't necessarily a drawback, but it clarifies the home's positioning as a more compact option among modern builds in Peguis.
3. Are there benefits to a 2024 build beyond being new?
Yes. Beyond just being contemporary, a home this new likely has the latest building code compliance, modern energy efficiency standards, and full warranties on major components, potentially leading to lower utility and repair costs in the critical first decade of ownership.
4. Is the lot size a limitation?
The lot is smaller than the city average but typical for the Peguis area. This means less yard maintenance, which can be a positive for many, but may limit extensive landscaping or expansion plans. It's a practical, low-maintenance parcel.
5. How reliable is the sold price data shown?
The sold price range is based on publicly available data, not the MLS. For fully verified, exact transaction figures, you must request a manual lookup via the site's email service, as MLS records are not displayed here due to industry regulations.