Property Overview: 10 Lou Peltier Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 10 Lou Peltier Crescent in the Meadows neighbourhood presents a compelling mix of space, modernity, and value. Built in 2010, it is a newer property compared to most homes in Winnipeg, offering the benefits of contemporary construction standards and likely fewer immediate major repairs. With 1,922 sqft of living area, it provides significantly more interior space than the average home in both the Meadows area and the wider city, making it a spacious choice for families or those who appreciate room to grow.
The appeal lies in its balanced positioning. While the lot size is slightly more compact compared to others on its street, the home itself is larger and newer than many peers. Its assessed value is notably lower than the street average, which can suggest a different valuation approach or property characteristics, but it sits above average for the neighbourhood and city. This creates an interesting dynamic: you get a spacious, modern home in a well-established area, with property taxes likely based on an assessment that appears favorable relative to its immediate surroundings. It would suit practical buyers looking for a move-in ready, low-maintenance home with ample living space, as well as value-oriented purchasers who recognize the advantage of a newer build in a mature community.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the street average?
While the assessed value is below the average for Lou Peltier Crescent itself, it is above average for the broader Meadows neighbourhood and the city. This discrepancy can occur due to specific lot characteristics, home features, or municipal valuation models. It’s advisable to review the detailed assessment with a real estate professional for clarity.
2. How does the lot size impact the property?
At 4,721 sqft, the lot is smaller than others on the street but is generally in line with the Meadows area average. This often means less yard maintenance while still providing usable outdoor space, a trade-off that many modern buyers find acceptable for a larger interior.
3. What does the sale history indicate?
The home sold in 2017 and 2019 within the $400k-$450k range. Historically, these sale prices ranked in the top 30-33% for the area, suggesting the market has consistently valued it above many area comparables.
4. Is the 2010 build date a significant advantage?
Yes. Being built in 2010 places it in the top 8-12% of homes for age in the area and city. This typically translates to newer major systems (like roof, HVAC, windows) built to more recent codes, potentially reducing near-term capital costs.
5. Who are the most logical buyers for this home?
This property is well-suited for growing families or professionals needing generous indoor space without the upkeep of an older home. It also appeals to buyers who prioritize a modern floor plan and efficient layout over having the largest lot on the block.