406 Tyson Trail

Property Overview: 406 Tyson Trail, Winnipeg

Key Characteristics & Appeal

This home at 406 Tyson Trail is a modern property, built in 2021, offering a balanced and above-average package for Winnipeg. Its 1,505 sqft living space is slightly below the average for its own street but ranks above average when viewed across the entire city, indicating a solid size for urban living. The assessed value of $491k follows a similar pattern—positioned around the middle for the immediate area but within the top 21% citywide, suggesting good value retention in a broader context.

The primary appeal lies in its modern construction and efficient lot use. As a home only a few years old, it likely offers contemporary layouts, finishes, and building standards, which is a significant advantage compared to Winnipeg's much older average housing stock. The lot size is consistent with newer developments, providing manageable outdoor space without excessive maintenance. This property would suit buyers seeking a move-in ready, modern home in an established neighborhood, who prioritize newer infrastructure and efficient design over a sprawling lot or being the largest house on the block. It represents a practical choice for professionals, small families, or downsizers looking for a low-maintenance, contemporary living space without venturing into the premium luxury market.

Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The assessed value is very close to the averages for both Tyson Trail and the wider Peguis neighborhood, indicating it is priced consistently with its immediate peers. Its value stands out more significantly when compared to the Winnipeg citywide average, where it ranks in the top 21%.

2. Is the living space considered small?
It depends on the scope of comparison. At 1,505 sqft, it is slightly smaller than other homes on Tyson Trail but is larger than the typical Winnipeg home. It offers a comfortable size that is efficient for modern living.

3. What are the benefits of a 2021 build year?
A home built in 2021 offers major advantages like modern building codes, energy efficiency, contemporary electrical and plumbing systems, and likely minimal immediate repair needs. It ranks in the top 2% newest homes citywide.

4. Can I get the exact historical sold price for this property?
The site provides sold price ranges for context. To obtain the exact, verified sold price history, you must request a manual lookup via email, as this data is not displayed directly on the page due to industry regulations.

5. How does the lot size impact this property?
The lot is approximately 4,466 sqft, which is typical for newer homes on this street and in this development. It provides adequate private outdoor space while being manageable to maintain, a trade-off common in modern subdivisions compared to older neighborhoods with larger lots.