Property Overview
106 Tyson Trail is a well-proportioned, modern family home in Winnipeg's Peguis neighbourhood. Built in 2019, it offers 1,676 sqft of living space on a generous 6,258 sqft lot, with a current assessed value of $501,000.
Key Characteristics & Appeal
This home’s primary appeal lies in its balanced and above-average positioning across several key metrics. It is not an extreme outlier in any single category but offers a compelling combination of space, modernity, and land size that stands out when viewed in the wider city context.
The living space is comfortably above the Winnipeg average, providing ample room for a growing family. Its 2019 build date means it is a relatively new construction city-wide, likely requiring less immediate maintenance than most Winnipeg homes. A significant advantage is the lot size, which is notably larger than most in its immediate area and on Tyson Trail itself, offering more outdoor space and potential than many newer builds.
The home would suit practical buyers looking for a move-in-ready property that avoids the trade-offs of older homes. It’s ideal for a young family seeking a modern layout in a established neighbourhood, or for value-conscious buyers who appreciate that the assessed value sits above the city average, suggesting solid fundamentals, while remaining in line with local area averages.
Frequently Asked Questions
1. How does this home compare to others on the street?
It holds a larger-than-average lot (ranking 12th largest of 180) and its living space and assessed value are both around the street average. It is older than the newer homes on the street, as the average build year for comparable homes on Tyson Trail is 2022.
2. What does the sold price history indicate?
It last sold in September 2022 for an estimated $550k-$600k, a price that ranked in the top 12% for the street at that time. This suggests strong buyer interest and market value appreciation since its previous sale in 2019 for $350k-$400k.
3. Is the assessed value a reliable indicator of the listing price?
The assessed value ($501k) is a municipal valuation for tax purposes, not a market appraisal. It serves as a useful benchmark, showing the home is valued above the Winnipeg average. The final listing and sale prices will be determined by current market conditions.
4. What are the less obvious advantages of this property?
While the home is modern, its 2019 build date means any initial "new home" issues may have already been resolved by the first owners. Furthermore, its lot size is a standout feature for the street, offering more privacy and yard space than is typical for the area.
5. How can I verify the exact past sold prices?
The site provides estimated price bands. To obtain the exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.