Property Overview: 155 Bill Dance Drive, Peguis
Key Characteristics & Appeal
This home is defined by its modern build and efficient use of space. Constructed in 2023, it is a notably new property, ranking in the top 1% city-wide for its year of build. With 1,520 sqft of living area, it offers above-average interior space compared to the wider Winnipeg market, and it is the largest home on its own street. The assessed value of $469,000 sits above the city-wide average, indicating a solid perceived worth.
The appeal lies in acquiring a like-new home that requires minimal immediate upkeep, paired with a smart, modern floor plan. While the lot size is more compact compared to many areas in the city, this often translates to less exterior maintenance—a plus for those seeking a newer home without the burden of a large yard.
This property would suit first-time buyers or downsizers looking for a modern, move-in-ready home without the premium of a custom build. It’s also a practical choice for investors or buyers who prioritize interior space and modern systems over a large garden, offering a balanced entry into a newer neighbourhood.
Frequently Asked Questions
1. How does the lot size impact the property?
The land area is 3,545 sqft, which is below average for both the Peguis area and Winnipeg overall. This means a smaller yard, which reduces maintenance but also limits outdoor expansion potential. It’s a trade-off that emphasizes the home itself over the land.
2. Why is the assessed value higher than the last sold price?
The home sold for between $350,000-$400,000 in mid-2023, soon after it was built. The current $469,000 assessment likely reflects market appreciation, the home no longer being "brand new," and established landscaping and finishes that add value post-construction.
3. What does its ranking on the street mean?
Rankings show how it compares to immediate neighbours. It ranks 1st of 31 for living area on Bill Dance Drive, meaning it has the most interior space. However, it ranks 22nd of 31 for lot size, confirming it’s on a more compact parcel within this specific street.
4. Is this considered a good value for the area?
The assessed value is around the average for the broader Peguis area. Given its newness and above-average interior space, it presents a fair value, especially for buyers who prioritize a modern home over a larger lot.
5. Where can I get verified historical price data?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the full transaction history and exact figures via email from the service, which will provide a manual lookup.