Property Overview
142 Jim Gauthier Drive is a modern, two-year-old home in Winnipeg's Peguis neighbourhood. Its primary appeal lies in its new construction, offering move-in readiness with minimal initial maintenance, and its spacious interior relative to much of the city's housing stock. The home presents a balanced value proposition, positioned comfortably within its immediate area while standing out in broader city comparisons.
Key Characteristics & Ideal Buyer
This 1,809 sqft home, built in 2024, is notably newer than most Winnipeg properties. Its living space is above average for both the city and the Peguis area, offering generous room for a growing family or those who value space. With an assessed value of $501,000, it sits around the average for its street and neighbourhood but ranks within the top 20% city-wide, suggesting you get more home for your dollar compared to many other parts of Winnipeg.
The lot size of 3,780 sqft is typical for the street but smaller than the city average, indicating a lower-maintenance yard—a plus for some, a drawback for others. Recent sale data (August 2024, between $500k-$550k) confirms its market value aligns closely with its assessment.
This property would best suit buyers prioritizing modern builds and interior space over a large yard. It’s ideal for those who want to avoid the immediate renovations or systems updates often needed with older homes. It also appeals to value-conscious buyers looking for a home that outperforms the city average in size and newness without a premium street-level price tag within its own community.
Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
City-wide, this home ranks in the top 20% for assessed value and the top 17% for living area. This means you get more square footage for your money compared to the typical Winnipeg home, though its value is more in line with the average in its specific neighbourhood.
2. What are the implications of the lot size?
At 3,780 sqft, the lot is manageable and average for Jim Gauthier Drive. It’s smaller than the Winnipeg average, which translates to less yard maintenance but may limit expansion or extensive landscaping plans. It’s a practical fit for those who prefer indoor living space over extensive outdoor space.
3. Is the sold price data reliable?
The sold price range ($500k-$550k in August 2024) is based on publicly available data. For fully verified and exact transaction figures, you must request a manual lookup from the site, as MLS data is not displayed here due to industry rules.
4. What does the "Elite" ranking for year built mean?
Being built in 2024 places this home in the top 1% of homes by age in both Peguis and all of Winnipeg. This "Elite" status highlights its rarity as a nearly new construction, suggesting modern building standards, energy efficiency, and years before major components like the roof or furnace need replacement.
5. Who might this home not suit?
Buyers seeking a large, private yard for gardening or recreation may find the lot size limiting. Additionally, those looking for a home with established, mature trees and landscaping should note that a 2024 build likely means a yard that is still in its early stages of development.