Property Overview: 306 Tyson Trail, Winnipeg
Key Characteristics & Appeal
This home at 306 Tyson Trail is a modern, low-maintenance property built in 2023, offering a move-in-ready experience in Winnipeg's Peguis neighborhood. With 1,438 sqft of living space, its size is comfortably average for both the neighborhood and the wider city, though it is notably smaller than most homes on Tyson Trail itself. The assessed value of $412k sits below the averages for its immediate street and neighborhood, potentially presenting a value opportunity in a newer construction area, while being aligned with the citywide average.
The primary appeal lies in its contemporary build, which means modern construction standards, energy efficiency, and minimal immediate repair concerns. It suits first-time buyers seeking a newer home without a premium price tag, or downsizers looking for a modern, single-level layout (assuming it is bungalow-style, based on context). A thoughtful perspective is that while the lot size is smaller than most comparables, this translates to less yard maintenance—a perk for those prioritizing indoor living space and ease of care. Its value positioning suggests it may attract practical buyers who compare city-wide metrics and see a well-priced, recent build, rather than those focused solely on street-level comparisons where it appears smaller and lower-valued.
Frequently Asked Questions
1. Is this home a good value compared to its neighbors?
Based on assessed value, this home is priced below the average for both Tyson Trail and the Peguis neighborhood. This could indicate a value purchase relative to immediate comparables, especially considering it's a 2023 build.
2. What are the trade-offs for the modern build and lower assessed value?
The data shows the home has a smaller living area and a significantly smaller lot than most homes on its street and in the area. The value and new construction come with less interior and exterior space.
3. How accurate is the sold price data shown?
The site notes sold prices are based on public internet data, not the MLS, and are shown in $50k bands for non-members. For fully verified, exact historical sold prices, you must request a manual lookup via email from the service.
4. The home is newer than most in Winnipeg. What does that typically mean for costs?
A 2023 build likely means higher energy efficiency, modern components under warranty, and very low risk of major near-term repairs. This can translate to predictable monthly costs, though municipal property taxes would be based on the current assessed value.
5. Who might this property not suit?
Buyers seeking a large yard, or those who prioritize having one of the largest homes on the block, may find the below-average lot and living area (for the street) less appealing. It's better suited for those content with efficient, modern space.