Property Overview: 470 Tyson Trail, Winnipeg
Key Characteristics & Appeal
This home at 470 Tyson Trail in Peguis presents a compelling blend of modern build, generous space, and a standout lot. Built in 2021, it offers the advantages of a nearly new home with minimal initial maintenance concerns. Its 1,747 sqft living area is consistently above average for its street, neighbourhood, and the wider city, providing ample room for a growing family or those who value spacious interiors.
The property’s most distinctive feature is its land. With an 8,193 sqft lot, it ranks in the top 2% on Tyson Trail itself, offering significantly more outdoor space than most immediate neighbours. This creates rare potential for gardening, recreation, or future additions in a relatively new subdivision. The assessed value of $535k positions it above average across all comparison levels, suggesting a premium for its combination of size, age, and land.
This home would suit buyers looking for a modern property that avoids the typical postage-stamp lot of newer developments. It’s ideal for those prioritizing indoor-outdoor living space and who value a home that stands out in its immediate area for lot size while still being part of a contemporary community. It also appeals to data-informed buyers, as its metrics consistently perform well against local and city-wide benchmarks.
Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg homes?
The lot is 8,193 sqft, which places it above average (top 11%) city-wide. It’s notably larger than the typical Winnipeg lot, which averages around 6,570 sqft, and is exceptionally large for its own street.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $535k is for municipal tax purposes and is a historical snapshot. It can be a useful benchmark, but the actual market price is determined by current conditions, the home’s specific features, and buyer demand. The home last sold between $450k-$500k in late 2021.
3. What are the potential benefits of a 2021 build?
A home built just five years ago likely incorporates modern building codes, energy efficiency standards, and contemporary floor plans. Major components like the roof, HVAC, and appliances should have considerable life remaining, offering peace of mind and lower immediate repair costs.
4. The home ranks "around average" for year built on its own street. What does that mean?
This indicates Tyson Trail is a relatively new street where many homes were constructed around the same time (the average build year on the street is 2022). You’re buying into an established, modern streetscape rather than being the first or only new home on the block.
5. Where can I get verified historical sale price data for this property?
The site provides sold price ranges based on public data. For fully verified and exact transaction figures, you must request a manual lookup via email, as this information is not sourced from the MLS system.