Property Overview: 414 Tyson Trail, Peguis, Winnipeg
Key Characteristics & Appeal
This home at 414 Tyson Trail is a modern, well-sized property built in 2022, offering the benefits of a near-new construction with minimal upkeep history. Its primary appeal lies in its balanced and efficient profile. With 1,602 sqft of living space, it sits comfortably above the city-wide average, providing ample room without being oversized. The assessed value of $480k is notably above the Winnipeg average, yet it is very typical for its immediate neighborhood and the broader Peguis area, suggesting a fair market price for the location and modern build.
A thoughtful perspective is that this home represents a "low-surprise" option. Its metrics—size, value, and age—are consistently around the average for its street and community, indicating it fits seamlessly into an established, contemporary neighborhood context. This makes it a stable choice rather than an outlier. The lot size of 4,466 sqft is smaller than the city average, which may appeal to buyers seeking a newer home but preferring a lower-maintenance yard. Ideal buyers are likely young professionals, couples, or small families looking for a modern, move-in-ready home in a developing area, who value the efficiency of a newer build and a predictable community profile over a large, traditional lot.
Frequently Asked Questions
1. How does this home's value compare to others in Winnipeg?
The home's assessed value of $480k ranks within the top 23% city-wide, where the average is about $390k. This indicates it is a above-average value property for Winnipeg as a whole, though it is priced in line with averages in the Peguis area.
2. What are the advantages of a home built in 2022?
A 2022 build offers significant advantages, including modern building codes, energy efficiency, contemporary layouts, and minimal immediate need for major repairs or renovations. It essentially provides a long runway before typical maintenance costs arise.
3. Is the lot size a limitation?
At 4,466 sqft, the lot is smaller than the Winnipeg average. This is typical for newer subdivisions. It's a benefit for those wanting less yard work but may be a consideration for buyers envisioning extensive gardens, large outdoor structures, or maximum privacy.
4. What does the sold price history indicate?
Records show it last sold in January 2022 for between $400k-$450k. The current assessed value of $480k reflects market appreciation since that purchase. For exact historical sold prices, a manual lookup can be requested from the site.
5. How does this property rank within its own neighborhood?
The data shows it is consistently "around average" for Peguis in key metrics like living area and assessed value, and "above average" for its modern year of build. This suggests it is a very representative, mainstream home for this specific community, not a standout in either size or price.