Property Summary: 46 Peace Road, Winnipeg
Key Characteristics & Appeal
This is a modern, single-story home built in 2018, offering a turnkey living experience with the benefits of a newer build. Its primary appeal lies in its exceptional combination of space, land, and contemporary construction. The home itself is generous at over 2,400 sqft, ranking within the top 3% of Winnipeg for size, and sits on a remarkably large, 2.5-acre lot (108,907 sqft), which places it in the top tier for land holdings in the city. This creates a rare offering of substantial indoor and outdoor space within Winnipeg.
The property’s strength is its balanced performance across key metrics. It ranks highly within its community for being newer, larger, and of higher assessed value than most comparable homes. It would perfectly suit buyers looking for a spacious, low-maintenance home without renovations, who value privacy and extensive yard space for hobbies, gardening, or future expansion. A thoughtful perspective is that while the basement is unfinished, it presents a significant opportunity for customization in an already premium home, allowing new owners to tailor additional living space to their exact needs without inheriting someone else’s design choices.
Frequently Asked Questions
1. What does the ranking data (e.g., "top 3% in Winnipeg") actually mean?
This data compares the home's specific attributes (like size, lot area, or age) against all other homes in Winnipeg. Being in the top 3% for living area means it is larger than 97% of homes in the city, highlighting its standout characteristics.
2. Is the large lot size a benefit for an average buyer?
Beyond privacy, a lot of this scale (over 2.5 acres) offers uncommon potential. It could accommodate extensive landscaping, recreational spaces like sports courts or extensive gardens, or even future outbuildings (subject to bylaws), which are rare options within the city.
3. The home is newer (2018). What are the practical advantages?
A home of this age typically means modern building codes, newer major systems (like HVAC, plumbing, and electrical), and contemporary energy efficiency. This can translate to lower immediate maintenance costs and predictable utility expenses.
4. The basement is unfinished. Is that a drawback?
This is often seen as a positive blank canvas. It allows the new owner to finish the space to their specific taste and needs—whether as a rec room, home gym, or additional bedrooms—without paying a premium for a pre-completed design they may want to change.
5. How does the assessed value relate to the likely selling price?
The municipal assessment ($1,018,000) is for tax purposes and is typically based on mass appraisal models from a prior date. It is a useful benchmark indicating the home is valued in a top tier, but the market sale price is determined by current buyer demand, condition, and comparable recent sales.