Property Overview: 59 Chelston Gate, Winnipeg
Section 1: Key Characteristics & Appeal
This 2016-built home in Peguis offers a modern foundation with a practical layout of 1,167 sqft. Its primary appeal lies in its relative value and lot size within its immediate context. While the living space is notably below average for its specific street and neighborhood, the property sits on a 4,343 sqft lot that is larger than most on Chelston Gate. The assessed value of $424k is below the local area average but aligns more closely with the wider Winnipeg average, suggesting a potentially more accessible entry point into a newer-built home.
This property would suit value-conscious buyers who prioritize a modern build year and a relatively generous lot for the street over sheer interior square footage. It’s a pragmatic choice for first-time buyers or downsizers looking for a low-maintenance, contemporary home without a premium price tag in the broader city market. A thoughtful perspective is recognizing that its "below average" size and value for the street might represent an opportunity for those less concerned with outperforming the immediate block and more focused on the city-wide affordability of a newer build.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to nearby sales?
The home last sold between $300k-$350k in mid-2019. Its current assessed value of $424k is below the current average for both Chelston Gate and the wider Peguis area, but above the city-wide average for comparable homes.
2. Is the home considered small for the area?
Yes. With 1,167 sqft of living area, it ranks in the bottom 5% on its own street and bottom 4% in the Peguis neighborhood compared to similar homes. However, it is close to the city-wide average.
3. What is the advantage of the lot size?
The lot of 4,343 sqft is larger than most on Chelston Gate, ranking in the top 8%. This offers more outdoor space than many direct neighbors, which is a less common feature for newer builds.
4. How does the build year affect its value?
Built in 2016, the home is significantly newer than the Winnipeg city average (where most comparable homes were built around 1966). This modern build is a key asset, potentially reducing immediate repair costs.
5. Where can I get verified historical price data?
The provided sold price is an estimate from public data. For fully verified transaction history and exact figures, you must request a manual lookup via email through the SaveOnHouse website, as this data is not sourced from the MLS.