Property Overview: 11 Lou Peltier Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home, built in 2010, presents a compelling mix of modern convenience and strong value positioning within Winnipeg’s Meadows neighbourhood. Its key appeal lies in a standout assessed value that ranks in the top 4% of the local area, suggesting a favourable tax assessment or perceived market value compared to nearby properties. While the living space (1,673 sqft) is slightly more compact than the immediate street average, it is notably above average for both the Meadows area and the wider city, indicating a efficient use of space in a newer build.
The property suits buyers seeking a modern home (16 years old) that requires less immediate upkeep than older city averages. It’s particularly suited for value-conscious purchasers who prioritize a strong assessment footprint and newer construction over having the largest floor plan on the block. The lot size is consistent with area norms, offering standard outdoor space. A thoughtful perspective is that this home represents a "sweet spot" – it offers newer systems and amenities without the premium price tag of a brand-new build, while its value metrics suggest it has been a solid investment relative to its peers.
Section 2: Frequently Asked Questions
1. How does the assessed value compare, and what does it mean?
The assessed value of $562,000 ranks in the elite top 4% for the Meadows area. This is significantly higher than the area average, which can indicate a higher municipal tax assessment but often correlates with a strong market valuation or desirable property features.
2. Is the living space sufficient for a family?
At 1,673 sqft, the living area is above the city-wide average. It is functional for a family, though it is slightly below the average for larger homes on Lou Peltier Crescent itself. The layout and room sizes would be key factors to evaluate during a viewing.
3. What is the significance of the 2010 build year?
Built in 2010, the home is newer than most in Winnipeg (where the average home is from 1966). This typically means more modern building codes, materials, and systems, potentially leading to lower maintenance costs in the near term compared to an older home.
4. What was the previous sale price?
Public data indicates a sale between $400,000 and $450,000 in 2021. For the exact sale price, you can request the information directly via the provided email service on the listing page.
5. How does the property rank for land size?
The lot of 4,961 sqft is consistently around the average for both the street and the Meadows neighbourhood. It provides a standard suburban yard space, neither particularly large nor small for the area.