Property Overview: 504 Transcona Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a modern, efficiently sized property built in 2017, offering a move-in-ready opportunity in a newer development area. Its key appeal lies in its balance of contemporary age and manageable scale. At 1,309 sqft, the living space is above average for its immediate street, suggesting a well-proportioned home among its direct neighbors. The assessed value is positioned below the broader neighborhood average, which can indicate a potentially more accessible entry point into the area.
The property suits first-time buyers or downsizers seeking a modern home without extensive maintenance, drawn to a newer community aesthetic. It also appeals to value-conscious buyers who prioritize a recent build year over a larger lot, as the land area is notably compact. A thoughtful perspective is that this home represents a specific modern development pattern: newer construction on smaller, efficiently used lots. It offers modern interiors and systems but without the expansive yard space typical of older neighborhoods.
Section 2: Frequently Asked Questions
1. How does the lot size impact living here?
The land area is significantly smaller than both neighborhood and city averages. This means lower exterior maintenance but limited private outdoor space. It reflects a trade-off common in newer subdivisions, prioritizing the home itself over the lot.
2. Is the assessed value a reliable indicator of the selling price?
The assessed value ($371k) is a municipal figure for tax purposes. Notably, recent sold prices for very similar homes on the same street (e.g., 508 Transcona Blvd at $390k assessed) suggest market values may cluster in a similar range, but a current market evaluation is essential.
3. What does the "Elite" ranking for year built mean?
Built in 2017, the home is newer than 95% of comparable properties across Winnipeg and is among the newest on its street. This typically translates to modern building codes, materials, and energy efficiency, with less immediate need for major updates.
4. Why is the assessed value "Below Average" for the neighborhood?
The Peguis neighborhood includes homes with larger lots and more square footage, pulling the average value up. This property’s value is consistent with its specific, newer subdivision segment, which tends to have different characteristics than the neighborhood as a whole.
5. Where can I get verified sale price history for this home?
The site notes that exact sold prices are not displayed publicly due to data source rules. They offer a manual lookup service; you can request the exact sale history by email, and they will provide it directly without using your email for marketing.