Property Overview
38 Jerry Klein Drive is a modern, well-sized family home in Winnipeg's Peguis neighbourhood. Built in 2024, it offers a move-in-ready condition with the benefits of a new build, including contemporary construction standards and minimal immediate maintenance. The home's 2,187 sqft of living space is notably above average for its immediate street, the broader Peguis area, and the city as a whole. It sits on a generous 7,409 sqft lot, which is among the largest on its street, providing ample outdoor space.
The home’s assessed value of $637,000 positions it in the top tier of properties locally, indicating a premium valuation for its area. Historical data shows it sold in March 2024 for an estimated $800,000–$850,000. This property suits buyers looking for a modern home in a developing area who value space, both indoors and out, and are seeking a home that stands out in its local market in terms of size, newness, and lot dimensions.
Key Considerations & FAQs
1. How does the assessed value compare to the recent sale price?
The assessed value is $637,000, which is significantly lower than the home's reported sale price range of $800,000–$850,000 from March 2024. This is not uncommon, as assessed values for taxation purposes often lag behind current market prices, especially for very new homes.
2. What does the "Elite" or "Top X%" ranking mean for this home?
These rankings compare the home to others on its street, in Peguis, and across Winnipeg. For example, its 2024 build date places it in the top 1% of homes city-wide by newness. This data highlights that the home is not just above average but is a standout property in several key metrics within its peer groups.
3. Is the lot size typical for the area?
At 7,409 sqft, the lot is elite for Jerry Klein Drive itself (top 3%) and above average for the Peguis neighbourhood. Interestingly, the average lot size city-wide is slightly smaller, making this a spacious property locally, though some city areas have larger average lots.
4. What are the potential implications of buying a very recently built home?
While offering modern amenities and likely lower repair costs initially, it may be worth investigating the builder's reputation and understanding any remaining new home warranty coverage. The premium sale price also suggests little to no immediate equity gain from the last transaction.
5. How can I verify the exact historical sale price?
The site notes that exact sold prices are not displayed publicly due to data source rules. To obtain the precise figure, you must request a manual lookup via email from the service provider, which they promise to provide without using your contact for marketing.