14 Peppertree Place – Property Summary
Key Characteristics & Buyer Profile
This is a 1975-built home with 1,020 square feet of living space on a 4,729-square-foot lot, located on Peppertree Place in Winnipeg’s Westdale neighbourhood. Its standout feature is the construction year: it’s one of the newest homes on its street (top 6%) and ranks in the top 3% within Westdale for newer build. The living area and lot size are close to street and neighbourhood averages, so you’re getting a home that feels period-correct for the area without being either cramped or oversized. The assessed tax value ($280,000) is also in line with the street average, and slightly below the broader neighbourhood average of $307,000.
The appeal here is consistency. This isn’t a flashy property with extreme dimensions; it’s a solid, middle-of-the-pack option in both size and value, with the added advantage of being newer than most nearby homes. That means less deferred maintenance on major systems compared to an older stock, which is worth factoring in. It would suit a buyer who wants a straightforward, no-surprises home in a established neighbourhood – someone who prioritizes build quality and age over raw square footage or a large yard. It’s also a reasonable fit for a small family or a couple looking for a manageable property without paying a premium for oversized land or a prestige address.
Five Possible FAQs
1. How does the property tax compare to other homes in Westdale?
The assessed value is $280,000, which is about 9% below the neighbourhood average of $307,000. This places it in the bottom 40% of homes in Westdale for tax value, so you’ll likely pay less in property tax than many similar nearby houses.
2. Is the living space small compared to other homes in Winnipeg?
Yes, by citywide standards. At 1,020 sqft, it’s about 24% smaller than the Winnipeg average of 1,342 sqft. However, it’s very close to the average for both Peppertree Place (1,022 sqft) and Westdale (1,029 sqft), so it’s typical for the area.
3. What does the “top 3%” ranking for build year actually mean?
It means that among 1,460 comparable properties in Westdale, only 47 were built more recently than 1975. This suggests the home likely has updates or systems that are newer than most others in the neighbourhood, which can be a practical advantage in terms of insulation, wiring, or roof age.
4. How does the lot size compare to nearby homes?
The lot is 4,729 sqft, which is slightly larger than the street average (4,573 sqft) but smaller than the Westdale average (5,168 sqft) and the city average (6,570 sqft). It’s a modest urban lot – enough for a garden or small yard, but not oversized.
5. Is this a good property for someone looking to renovate or expand?
The land and living area are both close to neighbourhood averages, so there isn’t obvious hidden value in the lot size. The home is newer than most, meaning major structural updates are less urgent. If you’re looking for a renovation project, the value here is more about refresh and update rather than major expansion or land banking.