Property Overview
330 Tyson Trail is a modern two-storey home built in 2023, offering a move-in-ready opportunity in Winnipeg's Peguis neighbourhood. Its primary appeal lies in its combination of new construction and established community context. The home sits on a larger-than-average lot (3,508 sqft) for the street and features an attached garage and a full, unfinished basement. Key data points highlight its strengths: it ranks in the top tier for lot size, year built, and assessed value within its immediate area, suggesting it is a newer and well-regarded property on its block. The living space (1,445 sqft) is comfortably sized, ranking highly on its specific street.
This property would suit first-time buyers or young families seeking a modern home without the wait and uncertainties of a new build, as the major systems and finishes are just a few years old. It also appeals to practical buyers who value the potential of an unfinished basement for future customization, whether for extra living space, a home gym, or storage. The strong rankings for lot size and year built on its street indicate it offers a bit more privacy and newer infrastructure than many of its direct neighbours.
Frequently Asked Questions
1. What does the assessed value ranking actually mean?
The assessed value of $41,100 ranks in the top 4% on Tyson Trail, meaning it is officially valued higher than 96% of homes on the same street. This often correlates with a newer home, better condition, or more desirable lot.
2. The home sold in May 2023 for $45,700. Why is the assessed value lower?
Assessed value, set by the municipal government for tax purposes, is typically lower than market value and recent sale prices. The 2023 sale price is a strong indicator of the home's current market value.
3. Is the unfinished basement a pro or a con?
This depends on the buyer. It's a pro for those who want to customize the space to their exact needs and budget over time. It's a potential con for buyers who want immediately usable, finished square footage without additional projects or expense.
4. How does this home fit within the broader Peguis neighbourhood?
While it ranks very high on its own street for newness and value, its rankings within the wider Peguis neighbourhood are solid but more moderate. This suggests Tyson Trail may be a particularly desirable street or newer subsection within the community.
5. What are the implications of the "larger than average" lot?
The 3,508 sqft lot is in the top 23% for size on Tyson Trail. This typically means more backyard space, greater distance from neighbouring homes, and potentially more landscaping options compared to other homes nearby.