Property Overview: 29 Tyson Trail, Winnipeg
Key Characteristics & Appeal
This home at 29 Tyson Trail in the Peguis neighborhood presents a compelling blend of space, modern age, and established value. Built in 2019, it is a relatively recent construction that stands out city-wide, ranking in the top 4% for its newer build year compared to Winnipeg's generally older housing stock. With 1,871 sqft of living area, it offers above-average space at every level—street, neighborhood, and city—placing it comfortably within the top 15-17% of homes for size.
Its appeal lies in this balanced profile. It's not the newest on its block (where newer homes have been built since 2022), but it bypasses the potential teething issues of brand-new construction while still offering modern efficiencies and design. The assessed value of $512k is above the city average and solidly positioned for its street, suggesting a stable investment in a developing area. The lot size is typical for the street but smaller than many in the wider city, indicating a lower-maintenance yard suited to a modern lifestyle.
This property would suit buyers looking for a move-in ready, spacious home without the premium or unpredictability of a just-built property. It’s ideal for growing families or professionals who value interior space over a large garden and appreciate being part of a newer, growing community within Winnipeg.
Frequently Asked Questions
1. How does this home’s value compare to recent sales in the area?
The home last sold in early 2019 for an estimated $450k-$500k. Its current assessed value of $512k is above the street average ($479k) and significantly above the Winnipeg average ($390k), indicating appreciation and a strong position within its immediate market.
2. Is the neighborhood still developing?
Yes. The average build year on Tyson Trail is 2022, which is newer than this 2019 home. This suggests new construction has continued around it, which can be positive for community amenities and modern infrastructure, but also means there may be ongoing construction activity nearby.
3. What are the potential trade-offs with a newer home like this?
While offering modern building standards, the lot size (4,490 sqft) is more compact than the Winnipeg average. This means a smaller outdoor space, which could be a plus for low maintenance but a minus for those wanting extensive gardens or privacy.
4. How reliable is the sold price data shown?
The sold price is presented as a range based on publicly available data, not the MLS. For exact historical figures, you must request a manual lookup from the site, which they provide via email without using your address for marketing.
5. If it’s newer and above-average in size, why is it only “around average” for the neighborhood in value?
The Peguis neighborhood has many modern, similarly sized homes. While this home is above the city average, it competes in a local market where values are clustered higher. Its assessment is typical for Peguis, reflecting a stable value among comparable peers rather than standing out as exceptional locally.