Property Overview: 418 Tyson Trail, Peguis, Winnipeg
Key Characteristics & Appeal
This home at 418 Tyson Trail is a modern, well-sized property built in 2021. Its primary appeal lies in its balance and relative newness within a broader city context. With 1,646 sqft of living space and a 4,466 sqft lot, the home offers comfortable, contemporary family living without an oversized footprint to maintain.
The data reveals a nuanced position. Within its immediate street and Peguis area, the home is consistently "around average" for size, value, and lot. Its true standout feature is its age. City-wide, it ranks in the elite top 2% for year built, meaning it is significantly newer than the average Winnipeg home. The assessed value of $476k is also notably above the city-wide average, suggesting a premium for its modern condition and neighbourhood.
This property would suit buyers seeking a move-in ready, modern home in a established neighbourhood, who prioritize newer construction and systems over a maximized lot size. It’s ideal for those who want space without the upkeep of a much larger property or the renovation needs of an older home.
Frequently Asked Questions
1. How does this home compare to others in the area?
Within the Peguis area and on Tyson Trail itself, this home is very typical in terms of living space, lot size, and assessed value. Its main differentiator is its 2021 build date, which is newer than about 75% of homes in Peguis.
2. Is the assessed value a reliable indicator of the selling price?
The assessed value ($476k) is for municipal tax purposes. Notably, the home sold in late 2023 for an estimated $500k-$550k, which was in the top 14% of city-wide sale prices at that time. This indicates the market may place a premium above its assessed value.
3. What are the potential benefits of a 2021 build?
A home of this age likely has modern building codes, energy-efficient windows and appliances, contemporary floorplans, and should have minimal immediate repair or replacement costs for major components like the roof, HVAC, or water heater.
4. The lot size seems smaller than the city average. Is that a concern?
At 4,466 sqft, the lot is typical for its street and area. While smaller than the city-wide average lot, this often translates to less yard maintenance. It’s a trade-off that aligns with the low-maintenance appeal of a newer home.
5. Where can I see more detailed data or exact past sale prices?
The page provides comparative rankings and sale price ranges. For fully verified transaction histories and exact sale figures, you must request a manual lookup via email, as this site does not display proprietary MLS sold data.