Property Overview: 466 Tyson Trail, Peguis, Winnipeg
Key Characteristics & Appeal
This home presents a compelling blend of modern construction and above-average space. Built in 2021, it offers the advantages of a nearly new property, including contemporary building standards and minimal immediate maintenance. With 1,794 sqft of living area, it provides more space than most homes in its immediate area, city-wide, and particularly on its own street.
Its primary appeal lies in its balanced and strong positioning across key metrics. The lot size of 6,129 sqft is notably larger than most in the Peguis area and on Tyson Trail, offering generous outdoor space for a newer subdivision home. The assessed value of $514k sits above the city-wide average, suggesting solid built equity, while remaining in line with the local neighbourhood average. This creates a profile of a home that isn't an outlier in any one category but performs consistently well across the board—a newer, spacious home on a good-sized lot in an established area.
This property would suit buyers looking to avoid the wait and uncertainties of a new build while still acquiring a modern home. It’s ideal for those who prioritize both indoor living space and outdoor room for gardens, play, or entertaining. The data suggests it appeals to the move-up buyer who values a balanced investment: not the newest on the block, but one that stands out for its generous proportions and land size compared to peers.
Frequently Asked Questions
How does this home’s value compare to what the seller paid?
The home last sold in December 2021 for between $500,000 and $550,000. The current assessed value of $514,000 indicates the property has maintained its value in line with that purchase price.
Is the lot size typical for the area?
No, the lot is a standout feature. At 6,129 sqft, it is larger than approximately 92% of lots on Tyson Trail and 82% of lots in the broader Peguis area, offering more privacy and yard space than most comparable properties.
What does the "Elite" ranking for Year Built city-wide mean?
While the home is of average age for its own street, compared to the entire city of Winnipeg—where the average comparable home was built in 1966—a 2021 build is in the top 2%. This highlights a key advantage for buyers seeking modern amenities without moving to a brand-new suburb.
Is the assessed value likely higher than the asking price?
Not necessarily. Assessed value is used for municipal tax purposes and is not a direct indicator of market price. It is, however, a useful benchmark showing the home is valued above the city-wide average for comparable properties.
How can I verify the exact historical sale price?
The provided sale price is an estimate based on public data. To obtain the exact, verified sale history, you must request a manual lookup from the site via email, as they do not have access to official MLS sales records.