Property Overview: 426 Tyson Trail, Winnipeg
Key Characteristics & Appeal
This home at 426 Tyson Trail in Peguis is a modern, above-average property built in 2022. Its primary appeal lies in its generous 1,878 sqft of living space, which places it comfortably in the top 15-20% for size both within its immediate street, the broader Peguis area, and across the entire city. This spaciousness is paired with a modern build, making it notably newer than the vast majority of Winnipeg homes.
The assessed value of $521k sits above the citywide average, indicating a solid valuation, while being relatively aligned with the average for the Peguis neighbourhood itself. The lot size is typical for the street but is more compact compared to many city properties, suggesting a lower-maintenance yard. A thoughtful perspective is that this home offers a "sweet spot" of modern amenities and space without the upkeep challenges of an older or much larger property. It would suit buyers looking for a move-in-ready, contemporary home who prioritize interior square footage and modern construction over a large garden, and who appreciate being in a newer, developing area like Peguis.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home's assessed value is above average for Tyson Trail and significantly above the Winnipeg city average. Within the Peguis neighbourhood specifically, it is very close to the average, suggesting its valuation is in line with similar local properties.
2. What are the likely benefits of a 2022 build?
A home built just four years ago should have modern building codes, energy efficiency standards, and warranties potentially still in effect for major components, reducing the risk of immediate major repairs.
3. Is the lot size a limitation?
At 4,466 sqft, the lot is standard for Tyson Trail but smaller than many older city lots. This means less outdoor maintenance but may limit expansion or the addition of large outdoor structures like a detached garage or pool.
4. What does the sold price history indicate?
Records show it last sold in February 2022 for between $400k and $450k. The current assessed value of $521k reflects market changes and improvements since that purchase. For exact historical sold prices, a manual lookup can be requested.
5. Who would this property not suit as well?
Buyers seeking a large, mature garden, those who prefer the character of an older home, or anyone needing a lot size well above the city average for extensive outdoor projects might find other properties more suitable.