Property Overview: 116 William Tweed Terrace, Winnipeg
Key Characteristics & Appeal
This home at 116 William Tweed Terrace in Peguis is a modern, well-sized property built in 2023. With nearly 2,000 square feet of living space, it offers more room than most homes in Winnipeg, placing it within the top 11% citywide. Its assessed value of $543,000 is notably above the city average, reflecting its newer construction and desirable footprint.
The appeal lies in its balance of space, modernity, and established neighbourhood context. While the lot size is slightly smaller than others on the street, the home itself is newer than most in its immediate area and significantly newer than the typical Winnipeg home. This suggests a move-in ready property with contemporary building standards, likely requiring less immediate upkeep than older stock. It would suit buyers looking for a modern home without sacrificing interior space, particularly those wanting to be in a newer subdivision among similar recent builds. The data indicates it’s a solid, above-average offering for the city as a whole, making it a practical choice for professionals or growing families seeking a turnkey property in a developing community.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is slightly above the average for William Tweed Terrace itself and is positioned within the top 21% for the broader Peguis area, indicating it is valued higher than many comparable nearby properties.
2. Is the lot size a concern?
The land area is around average for the street but smaller than many lots in Winnipeg. This could mean less yard maintenance but also less private outdoor space compared to some older neighbourhoods.
3. What does the sold price history indicate?
Records show it last sold in May 2023 for between $550,000 and $600,000. Its current assessed value is consistent with that recent sale price, suggesting stable market valuation.
4. How does the age of this home compare broadly?
Built in 2023, it is newer than approximately 99% of homes in Winnipeg, placing it in the elite top 1% citywide for year built. This is a key differentiator from the majority of the city's housing stock.
5. Where can I get verified sale history details?
The provided sold price is based on public data. For fully verified and exact transaction figures, you must request a manual lookup from the site via email, as they do not display MLS records directly.