Property Overview: 2 Larry Vickar Drive W, Winnipeg
Section 1: Key Characteristics & Appeal
This home, built in 2017, presents a modern residence in Winnipeg's Peguis neighborhood. Its primary appeal lies in its contemporary construction, offering a move-in-ready condition with less concern for the major maintenance or immediate upgrades often needed in older city homes. With 1,264 sqft of living space, it is efficiently sized, suiting individuals, couples, or small families looking for a low-maintenance lifestyle.
The property’s assessed value of $381k is notably below the average for its immediate street and the broader Peguis area, suggesting a potentially accessible entry point into a newer home. However, the lot size is compact, especially compared to city-wide averages. This creates a specific value proposition: you are trading yard space for the benefits of a newer build.
This home would best suit pragmatic, first-time buyers or downsizers who prioritize modern systems, energy efficiency, and a simpler footprint over expansive square footage or large outdoor areas. It’s a practical choice for those seeking a newer home without the premium price tag often found on larger lots, making it a smart, grounded investment in a modern structure.
Section 2: Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
The data indicates its assessed value is in the bottom 3% on Larry Vickar Drive W, significantly below the street average. This suggests it may offer relative value for a newer home, though factors like its smaller living area and lot size contribute to this.
2. What does the "Elite" city-wide ranking for Year Built mean?
Being in the top 5% city-wide for its 2017 build year highlights that it is a much newer home than the typical Winnipeg property (city average year built is 1966). This is a key advantage for maintenance and efficiency.
3. How does the lot size impact living here?
At just under 3,000 sqft, the lot is compact. This means minimal yard upkeep but also limited private outdoor space for gardening, play, or entertaining. It aligns with a low-maintenance lifestyle.
4. The home sold in 2023. Why is the exact price not shown?
The site provides sold price ranges based on public data. To receive the exact sale price and full history, you must request a manual lookup via email, as this information is not sourced from the MLS system.
5. What is the neighborhood like for a home of this age?
The data shows the home's build year is around average for Peguis, meaning it's in a pocket of newer development. However, its living area and value are below the area averages, placing it as a more modest option within a modern subdivision.