Property Overview: 385 Tyson Trail, Peguis, Winnipeg
Key Characteristics & Appeal
This home is a modern, well-sized property built in 2022, offering the benefits of a near-new construction with minimal initial maintenance. With 1,610 sqft of living space, it sits comfortably above the Winnipeg city-wide average, providing ample room for a growing family or those who value spaciousness. Its assessed value of $474k is notably above the city average, yet it positions as a mid-range option within its immediate neighborhood and the broader Peguis area, suggesting a balance of modern amenities at a relatively accessible price point for a newer home.
The appeal lies in its contemporary foundation within an established community. While the lot size is more compact compared to many city homes, this often translates to less yard upkeep—a potential advantage for busy professionals or those seeking a low-maintenance lifestyle. The data indicates the home is not an outlier in its local market; it represents a solid, average offering on its street and in the area, which can be reassuring for buyers seeking stability and predictable value rather than a unique project. This property would suit first-time buyers looking for a move-in-ready modern home, or small families wanting space without the upkeep of an older property. It’s also a practical choice for value-conscious buyers who want newer construction but are comfortable with a standard lot size.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is very close to the average for Tyson Trail and the Peguis neighborhood, ranking near the middle in both categories. City-wide, however, its value is in the top 25%, indicating you get more modern home for your dollar compared to many older Winnipeg properties.
2. What are the implications of the lot size?
At 3,839 sqft, the lot is smaller than the typical Winnipeg property. This means less exterior maintenance and lower landscaping costs, but also limited space for extensive gardens, expansions, or outdoor recreation structures.
3. Is the sold price history available?
The home last sold in May 2022 for between $400k and $450k. For verified, exact historical sale figures, you must request a manual lookup via email, as this site does not display MLS data.
4. What does the "Elite" ranking for Year Built mean?
Being in the top 1% city-wide for its 2022 build year simply highlights how new the home is compared to Winnipeg's overall housing stock, which has an average build year of 1966. It’s a marker of modern construction in an older city.
5. Who might this home not be suitable for?
It may not suit buyers seeking a large, private yard or those wanting a distinctive, character-filled older home. Its metrics suggest it’s a typical, well-built home for the area rather than a standout with unique features or expansive land.