Property Overview
47 Chelston Gate is a well-maintained, modern home in Winnipeg's Peguis neighborhood. Built in 2017, it offers 1,640 sqft of living space on a 4,102 sqft lot, with a current assessed value of $468,000. The home presents a balanced profile, combining newer construction with a practical footprint in a neighborhood of similar properties.
Key Characteristics & Appeal
The primary appeal of this home lies in its modern age and efficient use of space. Built just nine years ago, it ranks in the top 5% of homes citywide for its newness, suggesting lower immediate costs for major updates or repairs. The living area is comfortably above average for both its immediate street and the city overall, offering more interior space than many Winnipeg homes without being overly large.
Its value proposition is nuanced. While the assessed value is above the citywide average, it sits around the average for both its street and the broader Peguis area. This indicates you're paying a fair, neighborhood-appropriate price for a home that is notably newer than most in the city. The lot size is typical for the local area but smaller than the Winnipeg average, which may appeal to buyers seeking a manageable yard with less maintenance.
This property would suit a practical buyer—perhaps a young professional, a couple, or a small family—who prioritizes a move-in ready, modern home in a settled neighborhood. It’s ideal for someone who values interior space and newer systems over a large garden, and who appreciates a home priced in line with its immediate community rather than one that stands out as a premium investment.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home last sold in early 2017 for between $300,000 and $350,000. Its current assessed value of $468,000 is significantly higher, reflecting market appreciation over nearly a decade. This assessed value is consistent with current averages in the Peguis area.
2. Is the lot size a disadvantage?
The 4,102 sqft lot is typical for Chelston Gate and Peguis, but below the citywide average. This is a trade-off: it means less yard for gardening or expansion, but also less maintenance—a potential benefit for busy homeowners.
3. What does the "top 5%" ranking for year built mean?
This statistic means the home is newer than approximately 95% of all residential properties in Winnipeg. For a buyer, this strongly suggests modern building standards, newer major components (like roof, furnace, and windows), and potentially better energy efficiency.
4. Are the homes on the street similar?
Yes. The data shows the homes on Chelston Gate are very consistent in age (averaging 2017) and lot size. The living area and assessed value of this home are also close to street averages. This creates a uniform, established streetscape.
5. How can I verify the exact historical sale price?
The exact sale price is not publicly displayed due to industry regulations. You can request the full transaction history by emailing the site directly. They will provide the exact figures manually, typically by the end of the same business day.