Property Overview: 349 Peguis Street, Winnipeg
Key Characteristics & Appeal
This home at 349 Peguis Street is a modern, low-maintenance property built in 2021. Its primary appeal lies in its contemporary construction, offering a move-in-ready condition with the benefits of newer building standards and systems, a significant advantage compared to Winnipeg's much older average housing stock. At 1,327 sqft, the living space is practical and slightly above average for its immediate street, providing comfortable room for daily life without excessive upkeep.
The property's value proposition is nuanced. Its assessed value is notably below the neighborhood average, which may indicate a more accessible entry point into the area. However, this is paired with a significantly smaller lot size compared to most surrounding properties. This creates a specific profile: a modern, efficient home on a compact parcel, ideal for those who prioritize a newer interior over expansive outdoor space.
This home would suit first-time buyers or downsizers seeking a modern, worry-free home without the renovation needs of an older property. It's also a pragmatic choice for investors or buyers focused on interior condition and building age, who are comfortable with a smaller yard. The appeal is for those who value a contemporary living experience within a well-established neighborhood, accepting the trade-off of a modest lot for a newer build and potentially lower property taxes.
Frequently Asked Questions
1. How does the lot size impact living here?
The land area is compact, especially compared to the neighborhood average. This means lower yard maintenance but less private outdoor space. It's well-suited for those with a minimalist outdoor lifestyle or who prioritize nearby parks over a large backyard.
2. The assessed value seems low for the neighborhood. Why?
The assessment is likely influenced by the home's smaller lot size and potentially more modest specifications compared to larger, renovated, or older homes on larger plots in the wider Peguis area. It reflects a different type of property within the community.
3. What are the benefits of a 2021 build?
You can expect modern building codes, energy-efficient windows and insulation, contemporary electrical systems (likely with more outlets), and newer major components like the furnace and water heater, which should be reliable for years to come.
4. Is the living space sufficient for a family?
At 1,327 sqft, it is a functional size for a small family or couple. The space is efficiently designed for modern living, but those needing multiple large bedrooms, dedicated offices, or extensive storage might find it cozy. It's above average for the street itself.
5. How can I get the exact historical sale price?
The site provides sold price ranges for context. Due to data licensing rules, exact sale figures are not displayed publicly. You can request the precise sale history via email through the provided button, and the team will manually send you the verified information.