Property Overview: 39 Tyson Trail, Winnipeg
Key Characteristics & Appeal
This home at 39 Tyson Trail is a modern, well-sized property in Winnipeg's Peguis neighborhood. Built in 2020, its key appeal lies in its balance of space, age, and value within the broader city context. With 1,615 sqft of living area, it offers above-average space for Winnipeg overall, while fitting comfortably within the averages for its own street and area. The assessed value of $472k follows a similar pattern: it's typical for Tyson Trail and Peguis, but sits above the citywide average, suggesting a solid investment in a desirable tier of the market.
The home’s standout characteristic is its age. While it's actually one of the older homes on its newly developed street, it is a very modern property by Winnipeg’s citywide standards, ranking in the top 3%. This offers a compelling blend: a home that’s past its initial "brand new" phase but is still contemporary, potentially with any early construction kinks already resolved. The lot size is manageable at 4,254 sqft, typical for the street but smaller than many older city neighborhoods, appealing to those who prefer lower maintenance.
This property would suit practical, value-conscious buyers looking for a move-in ready, modern home without a premium "brand new" price tag. It’s ideal for young families or professionals seeking space and modern amenities in a developing community. The data suggests it’s not the largest or most expensive home on the block, making it a smart choice for someone who wants a comfortable, established position in a newer area without overextending.
Frequently Asked Questions
How does this home’s value compare to its neighbors?
The home’s assessed value is almost exactly the average for Tyson Trail and slightly below the average for the wider Peguis area. This indicates it is priced consistently within its immediate community, neither an outlier nor a bargain relative to its direct peers.
Is the neighborhood still being developed?
Given that the average home on Tyson Trail was built in 2022 and this one was built in 2020, it’s likely the street is in a newer subdivision that has seen recent construction. This home is among the earlier builds on the street.
What does the sold price history indicate?
Records show it last sold between $350k-$400k in July 2020. The current assessed value of $472k reflects market appreciation since its initial purchase, which is important context for understanding its current valuation.
How does it rank for space compared to all of Winnipeg?
Its living area of 1,615 sqft ranks in the top 25% citywide, meaning it offers more interior space than about 75% of comparable homes in Winnipeg. This is one of its strongest citywide metrics.
Why is the year built ranking on its own street "Below Average"?
This seems counterintuitive for a 2020 home. The data shows the average year built on Tyson Trail is 2022, meaning several homes on the street were constructed after this one. So, while it's a very new home overall, it's actually one of the older properties on its particular street.