Property Overview: 5 Tyson Trail, Winnipeg
Key Characteristics & Appeal
This home at 5 Tyson Trail in the Peguis neighbourhood is a modern, above-average sized property built in 2020. With 1,815 sqft of living space, it ranks in the top quarter for size both on its street and in the wider area, offering more room than most comparable Winnipeg homes. Its assessed value of $518k is consistently above the city-wide average, suggesting a solid valuation in a newer community.
The primary appeal lies in its modern construction and spacious interior relative to the market. It’s a turn-key home that’s still relatively new, likely requiring minimal immediate upkeep. A thoughtful perspective is that while the lot size is typical for its immediate area, it is more compact compared to the Winnipeg city average—a trade-off for a newer build in a developed neighbourhood. This property would best suit buyers looking for a move-in ready, modern home who prioritize interior space over a large yard. It’s a strong fit for professionals or small families seeking a balance of contemporary amenities and community setting without the maintenance concerns of an older house.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is above average for Tyson Trail and significantly above the Winnipeg average, but it is around the middle of the pack for the broader Peguis area. This indicates it’s a premium property on its specific street.
2. Is the property newer than most homes in Winnipeg?
Yes, significantly. Built in 2020, it is newer than approximately 97% of all homes in Winnipeg, placing it in the top 3% city-wide for year built.
3. What does the sold price history indicate?
Records show it last sold in August 2020 for between $450,000 and $500,000. The current assessed value of $518k is above that range, reflecting market changes and improvements since that time.
4. How does the lot size compare?
The 4,490 sqft lot is standard for Tyson Trail and Peguis. However, it is smaller than the typical Winnipeg lot, which averages about 6,570 sqft. Outdoor space is adequate for the area but not expansive.
5. Where can I get verified, exact sold price data for this home?
The provided sold price is an estimated range from public data. For fully verified and exact historical transaction figures, you must request a manual lookup via email through the SaveOnHouse service, as this site does not display MLS sold records.