Property Overview: 44 Tyson Trail, Winnipeg
Key Characteristics & Appeal
This home at 44 Tyson Trail in Peguis is a modern property built in 2019, offering a practical and relatively low-maintenance living option. With 1,459 sqft of living space, it is slightly more compact than other homes on its street but is very close to the average size for the wider city. Its assessed value of $430,000 sits below the averages for both Tyson Trail and the Peguis area, yet it is above the city-wide average, suggesting it may offer good value within a newer, in-demand neighbourhood.
The appeal lies in its balance of modernity and value. As a home built just seven years ago, it likely requires fewer immediate updates or repairs compared to much of Winnipeg's older housing stock. The lot size of 4,339 sqft is typical for the immediate area, providing a manageable yard. This property would suit first-time buyers or downsizers seeking a newer build without a premium price tag, or investors attracted to a modern asset in a community of newer homes. A thoughtful perspective is that while it ranks "below average" on its own street for size and value, this indicates a consistent and desirable neighbourhood standard, and the home's city-wide rankings for being newer and above-average in value highlight its broader market strength.
Frequently Asked Questions
1. How does this home’s value compare to what it last sold for?
It sold in March 2019 for between $350,000 and $400,000. The current $430,000 assessment suggests market appreciation since its initial sale.
2. Is the living space significantly smaller than neighbours' homes?
At 1,459 sqft, it is somewhat smaller than the average home on Tyson Trail (1,653 sqft). However, it is very close to the Peguis area average and is actually larger than the average Winnipeg home.
3. What does the "Elite" city-wide ranking for Year Built mean?
This indicates the home is newer than approximately 96% of all residential properties in Winnipeg, placing it in the top 4% for its age. This is a key advantage for maintenance and modern features.
4. Why is the assessed value below the neighbourhood average?
The assessed value is below the averages for both the street and Peguis area. This is likely influenced by its slightly smaller living area compared to immediate neighbours and the specific market valuations for similar homes in this newer community.
5. How can I find out the exact historical sold prices?
The provided sold price is an estimated range. For fully verified and exact transaction figures, you must request a manual lookup from the site via email, as they do not display MLS sold records.