441 Tyson Trail

Property Overview: 441 Tyson Trail, Peguis, Winnipeg

Key Characteristics & Buyer Appeal

This home is a modern, well-sized property built in 2022, offering the appeal of a nearly new build with minimal initial maintenance. With 1,611 sqft of living space, it sits comfortably above the city-wide average, providing ample room for a growing family or those who value space. Its assessed value of $476k is notably above the Winnipeg average, yet it is competitively priced within its immediate neighborhood and the broader Peguis area, suggesting a fair market positioning.

The appeal lies in its balance of modernity and community fit. It’s not the largest or most expensive home on its street, but it holds its own with above-average city-wide rankings for size, value, and newness. A thoughtful perspective is its lot size (4,004 sqft), which is smaller than the city average. This may appeal to buyers seeking a newer home but who prefer a more manageable yard with less upkeep. Conversely, it might give pause to those prioritizing extensive outdoor space.

This property would suit first-time buyers or young families looking for a move-in-ready, modern home in an established neighborhood. It’s also a sensible fit for value-conscious buyers who want a newer construction without venturing into the premium price tier, appreciating that its metrics are strong city-wide while being average locally—a sign of a stable investment in a developed area.

Frequently Asked Questions

1. How does this home truly compare to others in the area?
The data shows it is very typical for Tyson Trail and Peguis. Its living area, assessed value, and lot size all rank near the middle of the pack locally, meaning it’s a standard, well-matched home for this specific community.

2. What are the implications of the home being built in 2022?
As a four-year-old home, it likely includes modern building standards and efficiencies. Crucially, it is newer than 99% of homes across Winnipeg, suggesting a long period before major systems like roof or furnace require replacement, a significant advantage over older city inventory.

3. The sold price history shows a range of $400k-$450k in 2022, but the current assessed value is $476k. Why the difference?
The assessed value is the city’s estimate for taxation purposes and can differ from market value. The 2022 sale was likely the initial purchase from the builder. Market appreciation, improvements, and standard assessment calculations explain the increase. For an exact sale history, you can request a manual lookup from the site.

4. Is the lot size a disadvantage?
It depends on your priorities. The lot is smaller than the average Winnipeg property, which means less yard maintenance. However, it is consistent with newer subdivisions and is not unusually small for its immediate street, where lots are generally more compact.

5. Where can I see more detailed comparisons with neighboring properties?
You can use the provided link to open the neighbourhood map analysis. This tool allows you to visually compare this property with nearby homes on metrics like year built, living area, and lot size directly on a map.