58 Larry Vickar Drive E

Property Overview: 58 Larry Vickar Drive E, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a balanced, modern offering in Winnipeg's Peguis neighborhood. Built in 2018, its key appeal lies in its relative newness, which stands out both on its street and city-wide, suggesting lower immediate maintenance and modern building standards. With 1,673 sqft of living space, it offers above-average roominess compared to the typical Winnipeg home, while sitting comfortably in the middle range for its immediate area. The assessed value of $512k follows a similar pattern: it's a premium price point city-wide, but aligns with the established values on Larry Vickar Drive E.

The property suits buyers looking for a move-in ready, contemporary home without venturing into the luxury market. It’s ideal for those who value being in a consistent, newer development where homes are of similar age and scale. A thoughtful perspective is that while the lot size is typical for the street, it is more compact than many older Winnipeg neighborhoods, which may appeal to those seeking lower yard maintenance but could be a consideration for those envisioning extensive outdoor additions or gardening.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street?
It is a very representative home for Larry Vickar Drive E. Its living area, assessed value, and lot size are all around the street average. Its primary distinction is its year of build (2018), which is newer than most, ranking in the top 5% on the street.

2. Is the price in line with recent sales?
Based on available data, the home sold in February 2024 for an estimated $500k–$550k. This placed it in the top 26% of sale prices on its street and top 15% city-wide at that time, indicating it commanded a premium consistent with its newer build and above-average city-wide size.

3. What does the assessed value tell me?
The $512k assessment is slightly above the street average ($497k) and significantly above the Winnipeg average ($390k). This suggests the property is officially valued in line with its modern, in-demand neighborhood, which can be a useful benchmark but is not a direct indicator of market selling price.

4. Who would this property not suit as well?
Buyers seeking a very large yard or a home that stands out significantly in size from its neighbors might find it less ideal. The lot and living space are very typical for this specific development. Similarly, those looking for a bargain-priced home or one well below the city's average value point would not find it a match.

5. How can I verify the exact historical sale price?
The provided sold price is an estimated range from public records. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as this data is not sourced from the MLS system.