Property Overview: 40 Art Miki Way, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of established value and generous space. Built in 2006, it is a mature property in a neighbourhood of newer homes, offering a settled-in feel while still being modern. Its primary strengths are its significant size and substantial lot. With 2,320 sqft of living area, it ranks in the top 5% of homes on its street and city-wide, providing ample room for a growing family or those who value spacious interiors. The 6,601 sqft lot is notably larger than most on the street and in the immediate area, offering excellent outdoor potential.
The appeal lies in its established, above-average footprint in a developing area. While newer homes surround it, this property offers the benefits of a proven neighborhood without the premium often attached to brand-new construction. The assessed value of $611k reflects its substantial size and is above average across all comparison levels. It last sold in late 2021 in the $500k-$550k range, following a previous sale in early 2020 for $550k-$600k.
This home would best suit buyers looking for a turn-key property with generous indoor and outdoor space, who may prioritize a larger, established home over the newest build. It’s ideal for those who want room to grow and appreciate a property that stands out in its immediate vicinity for lot size and living area.
Frequently Asked Questions
1. Is this an older home in a new area?
Yes. Built in 2006, it is one of the original homes on Art Miki Way. The street and wider Peguis area have seen significant development since, with average build years around 2017-2020. This means the home is well-established amidst newer construction.
2. How does the lot size compare?
The lot is a key feature. At 6,601 sqft, it is significantly larger than the average lot on its street (~3,736 sqft) and in the Peguis area (~5,966 sqft). This provides more private outdoor space than most neighboring properties.
3. What does the sold price history indicate?
The home sold in January 2020 for an estimated $550k-$600k and again in November 2021 for $500k-$550k. This recent history provides a concrete benchmark for its market value over the past few years.
4. The assessed value is $611k. Is that typical for the area?
The assessed value is above average. It ranks in the top 6% in the Peguis area, where the average assessed value for comparable homes is about $488k. This reflects the property’s larger-than-average living space and lot size.
5. Where can I get exact sold prices and more detailed history?
The displayed sold prices are estimated ranges from public data. To obtain fully verified, exact sale figures and a complete transaction history, you must request a manual lookup from the site via email, as this information is not sourced from the MLS.