2 Lou Peltier Crescent

Property Overview: 2 Lou Peltier Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 2 Lou Peltier Crescent in the Meadows neighbourhood presents a compelling mix of space, modernity, and value. Built in 2011, it is a notably newer home compared to most in Winnipeg, ranking in the top 2% for its year built on its own street. With 1,862 sqft of living area, it offers above-average interior space for both the Meadows area and the city overall, providing ample room for a growing family or those who appreciate a spacious layout.

The appeal lies in this balance. While its assessed value sits below the street average, it is above average for the wider neighbourhood and city, suggesting a solid value proposition within a desirable area. The lot size is consistent with local norms, offering standard outdoor space. This property would particularly suit buyers looking for a modern home (avoiding the maintenance concerns of older properties) who prioritize interior square footage and perceive value in a home that is newer than its direct neighbours. It’s a practical choice for those wanting a turn-key property in a settled community without paying a premium for the absolute newest construction.

Section 2: Frequently Asked Questions

1. Is this a good value compared to other homes on the street?
The data suggests it may be. The home has a lower assessed value than the street average, yet it is newer and has above-average living space for the area. This could indicate an opportunity, but it’s essential to view the property and understand the specific condition and finishes.

2. What does the "Elite" ranking for year built mean?
It means this home is among the newest in its comparison groups. On Lou Peltier Crescent, it ranks 1st out of 41 homes, and it’s in the top 5% for the Meadows neighbourhood. You are getting a relatively modern property with likely updated building standards and systems.

3. How does the sold price history from 2019 help?
The previous sale in the $400k-$450k range provides a historical benchmark. Comparing this to the current assessed value and any asking price can help gauge market trends and the property’s potential appreciation in the Meadows area over time.

4. The living area is above average, but the lot size is average. What does this imply?
This typically indicates the home makes efficient use of its footprint, possibly with a two-storey design. It’s well-suited for buyers who prioritize indoor living space over extensive yard maintenance, while still providing a standard-sized lot.

5. Who are the most relevant comparable properties?
The most meaningful comparisons are likely the other homes on Lou Peltier Crescent and recent sales in the Meadows neighbourhood, as the home’s size and value are most aligned with this local context. The "nearby properties" list provides a good starting point for direct comparison.