Property Overview
This home at 54 Larry Vickar Drive E in Winnipeg's Peguis neighbourhood presents a compelling, above-average offering in the modern housing segment. Built in 2017, its primary appeal lies in its combination of contemporary construction and strong performance relative to its peers. With 1,735 sqft of living space, it stands notably larger than the average Winnipeg home and is situated on a 4,254 sqft lot. Its assessed value of $559,000 places it consistently in the top tiers for its street, area, and the entire city, indicating a perceived premium. The home last sold in August 2021 for between $500,000 and $550,000.
Key Characteristics & Ideal Buyer
The standout feature of this property is its consistent ranking above local and city-wide averages. It’s not just a newer home; it’s a newer home that is larger and carries a higher assessed value than most comparable properties. This suggests quality finishes, a desirable layout, or a premium location within its subdivision. Its appeal is for the buyer seeking a move-in-ready, modern property without the uncertainties of a brand-new build, and who values a home that already demonstrates strong market positioning. It would suit growing families or professionals looking for space and modern infrastructure, as well as value-conscious buyers who appreciate metrics showing the home outperforms its neighbours. A thoughtful perspective is that while the lot size is average for the immediate area, it is smaller than the typical Winnipeg lot, which may appeal to those seeking lower maintenance without sacrificing interior space.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s $559,000 assessment is above average for its street, ranking in the top 21% among 147 comparable homes. This pattern holds for the broader Peguis area and city-wide, placing it in the top 12-16% of all Winnipeg homes by assessed value.
2. Is the home relatively new?
Yes. Built in 2017, it is newer than 95% of all homes in Winnipeg, placing it in the elite top 5% city-wide for year built. On its street and in Peguis, it is also above average in age ranking.
3. What was the previous sale price?
The property sold in August 2021. Publicly available data indicates a sold price range of CA$500,000 to CA$550,000. For verified, exact historical sale figures, a manual lookup can be requested from the site.
4. How does the living space compare to an average home?
At 1,735 sqft, the living area is larger than approximately 80% of all homes in Winnipeg. It is also consistently above the average size for homes on its street and in the Peguis area.
5. Is the lot size typical?
The 4,254 sqft lot is around average for Larry Vickar Drive E and the Peguis neighbourhood. However, it is smaller than the average lot across the entire city of Winnipeg, which is over 6,500 sqft. This indicates a more modern, efficient land use typical of newer subdivisions.