Property Overview: 589 Transcona Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a modern, well-sized property built in 2020, offering a move-in-ready opportunity with the benefits of a newer build. Its primary appeal lies in its strong standing within its immediate neighbourhood. On Transcona Boulevard, it ranks in the top tier for living space, lot size, and newness, suggesting it's a premium offering on that specific street. With 1,390 sqft of living area and a 3,280 sqft lot, it provides comfortable, low-maintenance indoor and outdoor space.
The assessed value of $399k is above the street average but notably below the average for the wider Peguis area, presenting a potential value proposition. This profile suits first-time buyers or young families seeking a contemporary home without major renovation concerns, and who prioritize a modern interior over a very large yard. A thoughtful perspective is that this property represents a "sweet spot" – it's newer than most homes city-wide, yet its value is anchored more to its immediate street, which may offer a stable and predictable investment compared to more volatile areas.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It is a standout on Transcona Boulevard. It is the newest home, has more living space than the street average, and sits on a larger-than-average lot for the area.
2. Why is the assessed value lower than the Peguis area average?
The wider Peguis area includes a variety of homes, many of which are larger, on bigger lots, or in different sub-areas. This property's value is more aligned with the specific profile of homes on its section of Transcona Boulevard, which may feature more modest lot sizes.
3. What can the 2020 sale price tell us?
The home sold for an estimated $300k-$350k in March 2020. This was near its build date and provides a historical baseline, but market conditions and property values have likely shifted since then.
4. Is the lot size a drawback?
It depends on your priorities. The lot is generous for the street but smaller than the typical Winnipeg property. This means less yard maintenance but also less private outdoor space, which is a trade-off for the modern interior.
5. How can I verify the exact historical sale prices?
The site notes that exact sold prices are not displayed publicly due to data source rules. You can request the exact figures by email, and they will provide a manual lookup of the transaction history.