Property Overview: 425 Tyson Trail, Winnipeg
Key Characteristics & Appeal
This home at 425 Tyson Trail in the Peguis neighbourhood presents a balanced, modern offering. Built in 2021, it is a notably newer home compared to the city's average, which typically means modern building standards, energy efficiency, and minimal immediate maintenance. With 1,579 sqft of living space, it offers above-average roominess for Winnipeg overall, while fitting comfortably within the norms of its immediate street and area. The assessed value of $486,000 is consistently above the citywide benchmark, suggesting solid perceived value, yet it aligns with averages in Peguis, indicating a fair market position within this specific community.
The appeal lies in this balance. It’s a turn-key, modern home without the premium often attached to brand-new construction. It suits buyers seeking a move-in-ready property who want to avoid the quirks or renovation projects of an older home, but who may not require a large lot. The lot size, while adequate for the neighbourhood, is below the city average, which could be a consideration for those prioritizing extensive outdoor space. This property would likely suit first-time move-up buyers, small families, or professionals looking for a modern, low-maintenance home in an established area.
Frequently Asked Questions
1. How does this home compare in size and value to others nearby?
Within the Peguis area and on Tyson Trail itself, this home is very typical in both living area and assessed value, ranking near the middle of the pack. Its standout feature is its age; it is a newer home in a city with a generally older housing stock.
2. What does the sold price history indicate?
Records show it last sold between $450,000 and $500,000 in October 2021. Its current assessed value of $486,000 sits within that range, suggesting stable value appreciation in line with the market over the last few years.
3. Is the lot size a limitation?
The lot of 3,782 sqft is smaller than the Winnipeg average. It provides standard yard space for the neighbourhood but may not accommodate extensive additions, pools, or large garden setups. For buyers who prefer low-maintenance outdoor areas, this could be an advantage.
4. What is the neighbourhood context of Peguis?
The home's metrics are consistently average or slightly above average within Peguis. This suggests it is a representative and competitive property in this specific community, not an outlier, which can be positive for both value retention and understanding your immediate comparables.
5. How can I verify the exact historical sold prices?
The provided sold price is an estimated range from public data. For fully verified and exact transaction figures, you must request a manual lookup from the site via email, as they do not display MLS sold records due to industry regulations.