Property Overview: 433 Tyson Trail, Peguis, Winnipeg
Key Characteristics & Appeal
This is a modern, well-sized family home built in 2022, offering the benefits of a nearly new property with minimal initial maintenance concerns. With 1,642 sqft of living space, it sits comfortably above the city-wide average, providing ample room without being overly large. Its assessed value of $482k is notably above the Winnipeg average, reflecting its newer construction and desirable Peguis neighbourhood setting.
The appeal lies in its balance and modern foundations. It’s not an outlier in any single category on its street but represents a solid, contemporary option in a community of similar newer homes. A thoughtful perspective is its city-wide standing: while the lot size is smaller than the Winnipeg average, the home itself is newer than 99% of properties across the city. This positions it as a turn-key choice for buyers prioritizing a modern interior and building systems over a large yard. It would ideally suit young families or professionals seeking a move-in ready home in a developing area, who value modern amenities and efficient use of space over historic character or extensive landscaping.
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 both Tyson Trail and the wider Peguis area, indicating it is priced consistently within its immediate market. City-wide, however, its value ranks in the top 23%, due to its new construction.
2. What are the potential advantages of a 2022 build?
Beyond obvious modern finishes, a home this new likely has contemporary building codes, energy-efficient appliances and windows, and should have years remaining on original warranties for major components, reducing near-term repair costs.
3. The lot seems smaller than average. Is that a concern?
The lot is typical for its street but below the city-wide average. This means lower maintenance for landscaping and snow clearing, but may limit expansion or large outdoor recreation space. It’s a trade-off that suits those preferring low-yard upkeep.
4. What does the sold price history indicate?
Records show it last sold between $400k-$450k in February 2022. The current assessed value of $482k suggests market appreciation since its initial purchase, which is typical for newer homes in developing neighbourhoods.
5. Where can I get more precise historical data?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the full transaction history and exact figures via email from the provider, who will manually look up the verified data.