Property Overview: 327 Peguis Street, Winnipeg
Key Characteristics & Appeal
This home at 327 Peguis Street is a modern, efficiently sized property built in 2021. Its primary appeal lies in offering contemporary construction in a city where the average home is significantly older, placing it in the top 2% city-wide for year built. With 1,327 sqft of living space, it is very typical for its specific street and slightly above average for Winnipeg overall, suggesting a practical, low-maintenance layout.
The property’s value proposition is nuanced. Its assessed value of $333k is around the city average but is notably below the neighborhood (Peguis) average, which is over $488k. This indicates you are acquiring a newer home at a value-oriented entry point into the area. The trade-off is a compact, urban-sized lot, which is common on this street but well below the norm for larger, older properties in the wider neighborhood.
This home would suit first-time buyers or downsizers seeking modern amenities without the upkeep of an older house. It’s also a pragmatic choice for investors or buyers prioritizing interior condition and newer systems over expansive outdoor space. The data suggests it’s a solid, middle-of-the-road option on its own street but stands out as a relatively new and affordable offering within the broader community.
Frequently Asked Questions
1. How does the lot size impact living here?
The land area is compact at 2,309 sqft, which is typical for this street but much smaller than many properties in the Peguis area. This means lower yard maintenance but limited private outdoor space. It reflects a more urban, efficient use of land.
2. Why is the assessed value below the neighborhood average?
The neighborhood average includes many larger, older homes on much bigger lots. This property’s value is aligned with its specific, newer construction and smaller lot size on Peguis Street, offering a different type of housing stock within the same area.
3. What does the "Elite" city-wide ranking for year built mean?
It means this home is newer than approximately 98% of comparable properties across Winnipeg. For a buyer, this translates to modern building standards, likely greater energy efficiency, and minimal immediate repair costs compared to the city's predominantly older housing inventory.
4. Are the sold price ranges shown the exact selling history?
No. The displayed sold price from 2021 is shown as a range (CA$250k–300k). To obtain the exact, verified sold price history, you must request it directly via email from the site, as they manually provide this data due to industry regulations.
5. How does this home compare to its immediate neighbors?
The data shows it is very consistent with the recent build era and living area of homes on Peguis Street. Its assessed value and lot size are around the street's average, indicating it is a representative, not an outlier, property within this specific block.