Property Overview: 279 Le Peress Avenue, Winnipeg
Key Characteristics & Appeal
This 1,354 sqft home, built in 1974, presents a solid, middle-ground offering in Winnipeg's Riverbend neighborhood. Its primary appeal lies in its above-average footprint and assessed value relative to its immediate street, suggesting it stands out as one of the larger and more valuable homes on Le Peress Avenue. While its size and value are more average when viewed across the wider neighborhood or city, this creates an interesting dynamic: you get a home that likely offers more space than many direct neighbors, without an extreme premium. The lot is somewhat smaller than others on the street, which could mean less yard maintenance. Its 1974 build date is older than most in Riverbend, potentially indicating a more established streetscape.
This property would suit a practical buyer looking for a comfortable family home in a mature area, who values space and a solid assessment relative to the immediate block. It’s also a sensible choice for those not chasing the newest builds in the area, but who appreciate a home that holds its own in terms of size and value on its specific street.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home last sold between $250,000 and $300,000 in early 2020. Its current assessed value of $404,000 is above the street average, indicating official valuation growth since that sale. For verified, exact historical sale prices, you can request a manual lookup from the site.
2. Is the living space considered large for the area?
At 1,354 sqft, the living area is larger than the average home on Le Peress Avenue itself, ranking in the top 25%. Compared to the broader Riverbend neighborhood and Winnipeg overall, it is approximately average.
3. The lot size is noted as "below average" for the street. Is this a concern?
The lot is 4,997 sqft, which is smaller than the average lot on Le Peress Avenue. This could mean a more manageable yard with less upkeep. It is, however, close to the average lot size for the wider Riverbend neighborhood.
4. The home was built in 1974, which is older than many in Riverbend. What should I consider?
This means the home is from the first wave of development in this area. It’s wise to pay close attention to the condition of major systems (roof, windows, plumbing, electrical) that may be due for updates or replacement, as you would with any home of this age.
5. Where can I see how this property compares visually to its neighbors?
You can use the provided link to open a neighborhood map analysis. This tool allows you to see nearby houses and compare metrics like year built, living area, and lot size on a map.