Property Overview: 28 Tyson Trail, Winnipeg
Key Characteristics & Appeal
This home presents a practical value proposition in Winnipeg's Peguis neighborhood. Built in 2019, it is a relatively modern property that requires less immediate attention than older city homes. With 1,464 sqft of living space, it offers comfortable room for a small family or couple, sitting at a manageable size that is easier to maintain than larger homes.
Its primary appeal lies in its balance of age and value. While its assessed value ($428k) is below the average for its immediate street and area, it sits closer to the city-wide average. This suggests you may get more modern construction for your dollar here compared to many other parts of Winnipeg. The lot, at 3,545 sqft, is compact, which translates to less yard work—a plus for those seeking low-maintenance outdoor space.
This property would suit first-time buyers or downsizers looking for a turnkey, newer build without a premium price tag. It’s also a sensible fit for value-conscious buyers who prioritize a home's mechanical and structural age over having the largest footprint or lot on the block. A less obvious perspective is that its "below average" metrics on its own street could represent an entry point into a newer, desirable area where other properties are valued higher.
Frequently Asked Questions
1. How does this home’s value compare to nearby sales?
The home last sold in April 2019 for between $300,000 and $350,000. Its current assessed value of $428k has risen since then, in line with broader market trends. Compared to recent city-wide sales, its assessed value sits in the top 32%, indicating it holds its value well against the wider Winnipeg market.
2. Is the lot size a disadvantage?
The 3,545 sqft lot is smaller than many in the city and area. This means less private outdoor space and potentially closer proximity to neighbors. However, it also means significantly less maintenance, lower landscaping costs, and a efficient use of space, which can be a major advantage for busy households.
3. What does the "Elite" city-wide ranking for Year Built mean?
Being in the top 4% of homes city-wide for its 2019 build year is a standout feature. It highlights that most homes in Winnipeg are significantly older. This suggests newer roofing, windows, HVAC systems, and modern building codes, which can mean lower repair costs and better energy efficiency for years to come.
4. Who determines the assessed value and rankings?
The assessed value is set by municipal property assessors for tax purposes. The rankings and comparisons (e.g., "Top 32%") are analytical tools created by this site, comparing this home's specific metrics against grouped data for the street, neighborhood, and entire city to provide context.
5. How can I verify the exact historical sale price?
The exact sale price is not publicly displayed due to industry regulations. You can request the full transaction history and exact figures by emailing the site directly. They will provide the information manually, typically by the end of the same business day.