Property Overview: 434 Tyson Trail, Peguis, Winnipeg
Key Characteristics & Appeal
This home is a modern, low-maintenance property built in 2022, offering the appeal of a nearly new construction. With 1,492 sqft of living space and a 4,466 sqft lot, it presents a balanced footprint. Its core appeal lies in its contemporary condition, likely requiring minimal immediate upkeep, and its strong value position when viewed from a city-wide perspective.
While the living space is slightly below average for its immediate street, the home holds significant value. Its city-wide assessed value of $454k ranks within the top 28% of all Winnipeg homes, sitting notably above the city average. This suggests you are acquiring a newer, well-assessed property at a value that competes favourably across the broader market. The data indicates it last sold between $350k-$400k in mid-2022.
This property would ideally suit first-time buyers or downsizers seeking a modern, move-in-ready home without the premium often attached to brand-new builds. It’s also a practical choice for value-focused buyers who appreciate a newer home’s efficiencies but are mindful of budget, offering a compelling blend of age, condition, and assessment value.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is around average for both Tyson Trail and the wider Peguis area. However, its value stands out as above average when compared to the entire city of Winnipeg, ranking in the top 28%.
2. What does the “Elite” ranking for Year Built mean?
This indicates the 2022 build date is newer than 99% of all residential properties in Winnipeg, placing it in the top 1% city-wide for age. It is a distinctly modern home in the broader market context.
3. Is the living space smaller than other homes nearby?
Yes, at 1,492 sqft, it is somewhat below the average living area for homes on Tyson Trail. However, it is closer to the average for the Peguis area and is actually above the average living area for the entire city.
4. Can I find out the exact price it last sold for?
The site provides a sold price range (CA$350k–400k for July 2022). To obtain the exact sale figure, you must request a manual lookup via email, as the site does not display MLS sold records.
5. What is a less obvious point to consider about this property?
The land size is relatively modest, especially compared to the city-wide average lot. This could mean lower exterior maintenance but may also limit expansion potential. The trade-off is a newer home on a manageable lot, which aligns with a low-maintenance lifestyle.