Property Overview
This home at 98 Larry Vickar Drive E in Winnipeg's Peguis neighborhood presents a balanced, modern offering. Built in 2017, it's a relatively newer home in a city where the average comparable house is decades older. With 1,547 sqft of living space, it sits comfortably around the average for its immediate street and neighborhood but stands above the citywide average. The assessed value of $524k reflects its position as an above-average property in both the neighborhood and the wider Winnipeg market. A key point to note is the lot size, which is typical for the street but smaller than the Winnipeg average, suggesting a more low-maintenance yard.
Key Characteristics & Appeal
The primary appeal of this property lies in its modern construction and strong citywide standing without an extreme premium. It’s a home that offers contemporary build quality (ranking in the top 5% citywide for age) and solid space, positioned in a consistent, newer development where most homes share similar vintage and scale. Its value is well-established within its community, sitting above neighborhood averages, which can provide confidence in its investment stability.
This home would suit practical buyers looking for a move-in-ready, modern property without venturing into the luxury market. It’s ideal for young families or professionals who value newer systems and finishes and prefer a manageable yard. It also appeals to the value-conscious buyer who recognizes that its above-average citywide rankings in value and age may offer a good balance of modern amenities and resale potential.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold in October 2022 for between $550k and $600k, a price that placed it in the top 8% of sales for the street at that time. Its current assessed value of $524k is slightly above the street's average.
2. Is the lot size a concern?
The lot is consistent with others on Larry Vickar Drive E (around 4,000 sqft). While this is smaller than the Winnipeg average, it means less yard maintenance. It’s a typical trade-off in newer subdivisions and would only be a concern if you desire extensive outdoor space.
3. What does the "Elite" citywide ranking for the year built mean?
It means this 2017-built home is newer than approximately 95% of comparable properties across all of Winnipeg. This is a significant advantage, typically indicating newer roofing, HVAC, windows, and building codes.
4. Are the sold prices shown here the exact figures?
No. The public data shows a price range. To obtain the exact, verified sold price history, you must request it directly from the site via email, as they manually look up this information outside of the MLS system.
5. How does this home fit within the Peguis neighborhood?
It sits comfortably above the neighborhood average for assessed value (top 29%) and is typical for living area. This suggests it's a solid, slightly premium property within a community of largely similar, newer homes, not an outlier in size or value.