Property Summary: 365 Tyson Trail, Winnipeg
Key Characteristics & Appeal
This home is a standout modern property in the Peguis neighborhood, built in 2023. Its primary appeal lies in its generous scale and premium positioning within a new development area. With 2,268 sqft of living space, it ranks in the top 2-3% of homes on its street and in the wider neighborhood, offering significantly more room than local averages. The lot size of nearly 7,000 sqft is also notably larger than most on Tyson Trail, providing ample outdoor space uncommon for newer builds.
The home suits buyers looking for a move-in ready, modern property without the wait of new construction, but who still want the benefits of a recent build with contemporary standards. Its assessed value of $601k positions it as a premium offering in the area, ideal for professionals or growing families seeking space, modernity, and a solid investment in a developing community. A thoughtful perspective is that this property offers a "best of both worlds" scenario: it's new enough to avoid major near-term maintenance, yet has an established landscape and settled neighborhood feel compared to a brand-new construction site.
Frequently Asked Questions
1. How does the assessed value compare to the likely selling price?
The assessed value is $601k. Recent sales on the same street (2023-2024) for similar, albeit slightly smaller, new homes have ranged from approximately $423k to $711k. Given this home's larger size and lot, its market value is expected to be at the higher end of that spectrum, potentially above its assessed value.
2. What does the "Elite" ranking actually mean for me?
These rankings show this home outperforms a high percentage of comparable properties in specific metrics. For example, its living area is larger than 98% of homes on Tyson Trail. This suggests strong potential for resale value and desirability relative to neighbors, but also means property taxes will be commensurate with this premium standing.
3. Is the Peguis area established or still developing?
The data shows a concentration of homes built in 2022-2023 on this street, indicating it's a newer phase of development. The neighborhood average year built is 2017, so while the immediate area is fresh, it's part of a community that has been growing for nearly a decade, offering more stability than a completely raw subdivision.
4. What are the potential trade-offs of a home built in 2023?
The major benefit is modern building codes, materials, and systems, likely leading to energy efficiency. A less obvious consideration is that landscaping and gardens are still immature, and the homeowner may be among the first to discover any developmental teething issues in the home or its immediate infrastructure.
5. Where can I get verified sale price history for this home?
The site's data is compiled from public sources and is not MLS-certified. For fully verified transaction history and exact sale prices, you must request a manual lookup via email from the site provider, as industry rules prevent the direct display of MLS records here.