Property Overview: 486 Tyson Trail, Peguis, Winnipeg
Key Characteristics & Appeal
This home at 486 Tyson Trail is a modern, low-maintenance property built in 2022. Its key appeal lies in its balance of new construction and a manageable scale. With 1,332 sqft of living space, it offers a comfortable footprint that is actually very close to the Winnipeg city-wide average, making it a practical choice for smaller households or first-time buyers. The assessed value of $399k is notably lower than the averages for both its immediate street and the broader Peguis area, which could present a value opportunity in a newer-build segment.
The property is best suited for buyers seeking a modern home without the premium often attached to brand-new builds, or for those who prioritize easy upkeep. The lot size is compact (3,042 sqft), which is a significant consideration: it means minimal yard work but also limited private outdoor space. This trade-off makes it ideal for busy professionals, downsizers, or investors looking for a relatively new rental property. A thoughtful perspective is that while it ranks lower on size and value within its own neighbourhood, its newness is a standout feature city-wide, placing it in the top 1% for year built compared to Winnipeg's overall aging housing stock.
Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
The data suggests it is. The home's assessed value is below the street average, and it is one of the newer homes on Tyson Trail. You may be acquiring a more modern property at a lower entry point than many of its neighbours.
2. What are the main trade-offs with this property?
The primary trade-off is space. You get a modern, low-maintenance home, but with less living area and a significantly smaller lot than most homes in Peguis and Winnipeg overall. This means less room for expansion, gardening, or private outdoor recreation.
3. How does its new construction (2022) benefit a buyer?
A 2022 build typically means modern building codes, energy efficiency, and likely remaining warranty coverage on major components. It also suggests minimal immediate repair costs, which is a major advantage over the city's average home built in 1966.
4. Why is the assessed value lower than the area average?
The assessed value likely reflects the home's smaller size (both living area and lot) relative to other homes in Peguis. It is more in line with the city-wide average, indicating its value is proportionate for its specs in the broader market.
5. Where can I get the exact historical sale price?
The provided sold price data is an estimate. To obtain the fully verified and exact sale history, you must request it directly via email through the site. They provide a manual lookup service for this specific, accurate data.