Property Overview: 375 Tyson Trail, Peguis, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, well-situated home built in 2021, offering a balanced and efficient package. Its primary appeal lies in its contemporary construction and strong value proposition within the broader Winnipeg market.
The 1,526 sqft living space is comfortably sized, ranking above the city-wide average, suggesting a efficient use of space for a growing family or professional couple. The assessed value of $459K positions the property as a premium offering city-wide (top 27%), yet it is very much in line with the averages for its immediate street and the Peguis area. This indicates you are paying for a modern home in a neighbourhood of similar, newer properties rather than an outlier.
Its strongest feature is its age. Being built in 2021 places it in the top 2% of homes city-wide for newness, meaning buyers can expect modern building standards, energy efficiency, and minimal immediate repair costs. The trade-off is a smaller land area (3,798 sqft) compared to the Winnipeg average, which is typical for newer subdivisions and translates to less yard maintenance.
This home would ideally suit buyers prioritizing a modern, move-in-ready property without the premium often attached to brand-new builds. It’s a strong fit for those who value low-maintenance living and contemporary interiors over a large, sprawling lot. The data suggests it offers a "best of both worlds" scenario: newer than most of the city while being priced consistently with its immediate peers.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is almost exactly at the average for both Tyson Trail and the wider Peguis area. This suggests it is fairly priced within its specific market context, neither under nor overvalued compared to immediate comparables.
2. What are the implications of the home being built in 2021?
As a home only 5 years old, major components like the roof, HVAC, appliances, and windows are likely still under or just approaching the end of their manufacturer warranties. This can provide significant peace of mind and predictable budgeting for the next several years.
3. The lot size is noted as "below average" city-wide. Is this a concern?
This is typical for homes built in the last decade. While the yard is smaller than the Winnipeg average, it is consistent with the neighbourhood. This is often seen as a benefit for buyers seeking a lower-maintenance outdoor space.
4. The home sold previously in late 2021. What does that data tell us?
The prior sale fell within the $350K-$400K range. Considering the current assessed value and market context, this indicates significant equity growth for the seller and reflects the strong appreciation for modern homes in this area over the past few years.
5. How can I get the exact historical sold price?
The provided data shows a price band for privacy reasons. To obtain the exact sale figure and a verified transaction history, you can request a manual lookup via email from the site, which they provide as a complimentary service.