Property Overview: 334 Philip Lee Drive, Winnipeg
Key Characteristics & Appeal
This home presents a balanced, modern offering in Winnipeg's Peguis neighborhood. Built in 2016, it is a relatively recent construction that requires less immediate concern for major system updates compared to the city's older housing stock. With 1,670 sqft of living space, it provides above-average roominess for Winnipeg overall, while fitting comfortably within the norms of its immediate street and area.
The appeal lies in its solid positioning across key metrics. The assessed value of $525k sits above average for both the wider city and the Peguis area, suggesting good value retention, while the 6,072 sqft lot is notably larger than many in the local area. This combination offers a modern, move-in-ready home with a more generous outdoor space than is typical for the community.
It would best suit buyers looking for a low-maintenance, contemporary home in a developed neighborhood. It’s ideal for those who want space without the footprint of a massive estate, and who appreciate a property that holds above-average value relative to the broader market. A thoughtful perspective is that while the home is newer on a city-wide scale, it is among the older homes on its own street, indicating a well-established block where the initial development phase is complete.
Frequently Asked Questions
1. How does this home’s size compare to its neighbors?
At 1,670 sqft, the living area is slightly above the average for both Philip Lee Drive and the wider Peguis area, placing it in the top third for size locally. It offers more interior space than the typical Winnipeg home.
2. What does the assessed value tell us about the property?
The $525k assessment is above the average for both Peguis and Winnipeg overall. This indicates the property is valued higher than many comparable homes, which can reflect its condition, lot size, and modern build year.
3. Is the lot size a notable feature?
Yes. The lot of just over 6,000 sqft ranks in the top 19% within the Peguis area, meaning it is significantly larger than many nearby properties. This is a key differentiator for outdoor space.
4. The home was last sold in 2016. Can I get the exact sale price?
The provided data shows a sale price range. To obtain the exact historical sale figures, you must request a manual lookup via email from the service, as they do not display MLS records directly on the site.
5. How does the 2016 build year compare contextually?
While a 2016 build is newer than approximately 94% of homes city-wide, it is actually slightly older than the average home on its own street. This suggests the immediate neighborhood was developed around the same period and is now a mature, settled area.