Property Overview: 302 Tyson Trail, Peguis
Key Characteristics & Appeal
This home is defined by its modern age and efficient layout within a newer Winnipeg neighbourhood. Built in 2023, it is among the newest homes both on its street and citywide, offering move-in readiness with the benefits of contemporary building standards and likely lower maintenance. With 1,546 sqft of living space, it provides comfortable room for a small family or couple, ranking above the citywide average for size.
The appeal here is value-focused. The assessed value of $425k sits below the average for both Tyson Trail and the broader Peguis area, yet it is around average compared to the entire city. This suggests you may get more modern home for your dollar here than in many other Winnipeg neighbourhoods. The trade-off is a smaller land area (3,488 sqft), which means less yard space but also less exterior upkeep.
This property would best suit first-time buyers or downsizers seeking a modern, low-maintenance home without a premium price tag. It’s ideal for those who prioritize interior space and new construction over a large lot. A thoughtful perspective is that its below-average lot size on a street of newer homes might contribute to a more cohesive, neighbourhood feel with similar properties, rather than standing out unevenly.
Frequently Asked Questions
1. Is this a good value compared to other homes in Peguis?
The data suggests it is. While the home's living space is around average for the area, its assessed value is notably below the Peguis average, and it is significantly newer than most. This indicates a potential value advantage for a buyer.
2. What does the smaller land area mean for me?
The lot is below average in size for the street and city. This means a more manageable yard with less gardening or lawn care, but also less private outdoor space for activities, gardening, or future expansions like a large deck.
3. How does the sold price history help?
The home sold between $400k-$450k in late 2023. Comparing this to the current $425k assessment shows stable value in a relatively short time, providing a recent benchmark for market activity.
4. The home is newer; will my property taxes be lower?
Not necessarily. While newer systems can be efficient, the assessed value is the primary driver of property taxes. Its assessment is moderate for the city, but you should verify the actual tax amount.
5. Where can I get the exact historical sold prices?
The site notes that exact sale figures are not displayed publicly due to data sources. You must request them directly via email from the service for verified, precise amounts.