Property Overview: 474 Tyson Trail, Peguis, Winnipeg
Key Characteristics & Appeal
This home is a modern property, built in 2022, offering a move-in-ready experience in Winnipeg's Peguis neighbourhood. Its primary appeal lies in a combination of new construction and a generous, above-average lot size of 6,762 sqft, which is notably larger than most lots on its street and in the immediate area. This provides valuable outdoor space for a relatively new build.
The 1,492 sqft living area is modest compared to other homes on Tyson Trail but is close to the average for the wider Peguis area. With an assessed value of $474,000, it sits around the average for its street and neighbourhood, but ranks above average city-wide, suggesting its valuation is strong compared to the broader Winnipeg market.
This property would suit buyers looking for a modern home without the wait of a build, who prioritize a larger yard for gardening, pets, or family space. It’s also a practical choice for those who want a newer home with contemporary building standards and systems, potentially offering lower immediate maintenance costs. A thoughtful perspective is that while the house itself is not the largest on the block, the premium lot size offers future potential for expansions or additions that a smaller lot would not permit.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is a standout feature. At 6,762 sqft, it is significantly larger than the average lot on Tyson Trail (~4,400 sqft) and in the Peguis area (~5,966 sqft), offering more private outdoor space than most comparable homes.
2. Is the assessed value in line with the area?
Yes. The $474,000 assessment is very close to the street and neighbourhood averages. Notably, this value ranks in the top 24% city-wide, indicating the property holds its value well compared to the overall Winnipeg market.
3. What should I know about the home’s living space?
The home offers 1,492 sqft of living area. It is smaller than the average home on its specific street but is comparable to the Peguis area average and is actually above the city-wide average for living space.
4. The home sold in 2022. What does the data show about that sale?
Public records indicate a sale in June 2022 within the price range of $400,000–$450,000. For verified, exact historical sale figures, you can request a manual lookup via email through the listing site.
5. What are the benefits of a 2022 build?
A home built just four years ago likely features modern construction materials, current building code compliance, and newer major systems (like HVAC, plumbing, and electrical). This can translate to greater energy efficiency and reduced worry about major replacements in the near term.