Property Overview: 371 El Tassi Drive, Winnipeg
Key Characteristics & Appeal
This 2023-built home in the Peguis neighborhood offers a modern, low-maintenance lifestyle in a developing area. Its primary appeal lies in its contemporary construction, with a living space (1,512 sqft) that is above average for Winnipeg overall but sits comfortably within the range of its immediate street. This presents a balanced proposition: you get a newer home with modern building standards and efficiencies, without an overly large footprint to maintain.
The data reveals a nuanced position. The home is notably newer than most in the city and on its street, which suggests fewer immediate repair concerns and modern finishes. However, the lot size is compact compared to both the neighborhood and city averages, indicating a focus on the home itself rather than extensive outdoor space. The assessed value sits above average for the street but below the neighborhood average, potentially offering relative value within this newer pocket of Peguis.
This property would best suit first-time buyers or downsizers seeking a turn-key, modern home who prioritize interior space and new construction over a large yard. It’s also a practical fit for those who prefer a simpler, more manageable outdoor area.
Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
The home’s assessed value is above the street average, but it is also one of the newest homes on the block. You are likely paying a premium for its modern construction and recent build date compared to older neighbors.
2. What are the implications of the smaller lot size?
The land area is compact, even compared to the average on El Tassi Drive. This means lower maintenance and potentially lower property taxes in some calculations, but it also limits expansive gardening, privacy, or large outdoor entertainment spaces. It’s a trade-off that aligns with a low-maintenance lifestyle.
3. How does the sold price range from 2024 relate to the current assessed value?
The home sold for an estimated $400k-$450k in early 2024, and is now assessed at $434k. This suggests the assessment is closely aligned with its recent market activity, providing a stable benchmark.
4. Why is the assessed value below the neighborhood average?
Peguis contains a mix of property types and sizes. This home’s value ranking indicates that, while modern, it may be more modest in size or lot dimension than many other homes in the broader Peguis area, which pulls the neighborhood average higher.
5. Where can I get the exact historical sold prices for this home?
The provided sold price is an estimated range from public records. For fully verified and exact transaction figures, you must request a manual lookup from the site via email, as they do not display MLS sold data directly.