493 Tyson Trail

Property Overview: 493 Tyson Trail, Peguis, Winnipeg

Key Characteristics & Appeal

This home at 493 Tyson Trail is a modern, well-sized property built in 2021, offering the appeal of a nearly new build with minimal maintenance concerns. Its primary strength is its generous and efficient living space. At 1,714 sqft, the home is consistently above average in size compared to its immediate street, the wider Peguis area, and across Winnipeg, providing more room than most city homes.

The assessed value of $481k sits around the average for Tyson Trail and Peguis, but ranks well above the city-wide average, suggesting a solid valuation in a desirable area. A thoughtful perspective is that this presents a balanced opportunity: you’re acquiring a home that is newer than roughly 98% of all Winnipeg properties, yet its value is not priced at the absolute peak, indicating potential for stability.

The lot size of 4,017 sqft is typical for the neighbourhood but smaller than the Winnipeg average. This suits buyers who prefer a manageable yard with less upkeep, focusing their time on the interior living space and modern amenities of the home itself. This property would ideally suit young families or professionals seeking a move-in ready, modern home in an established neighbourhood, offering a blend of contemporary comforts without the premium often attached to brand-new custom builds.

Frequently Asked Questions

1. How does this home’s value compare to what it last sold for?
The home sold in December 2021 for between $400,000 and $450,000. Its current assessed value of $481k reflects market changes since that time.

2. Is the lot size a disadvantage?
It depends on your priorities. The lot is typical for Tyson Trail and Peguis, making it consistent with the neighbourhood character. It’s smaller than the city average, which means less yard maintenance but also less private outdoor space.

3. What does the "Elite" ranking for Year Built city-wide mean?
This indicates the home, built in 2021, is newer than about 98% of all residential properties in Winnipeg. It highlights a key advantage of modern construction, systems, and likely better energy efficiency compared to the city's older housing stock.

4. Are the sold prices and rankings here exact?
The sold price is shown as a range. The comparative rankings (e.g., Top 30%) are based on the site’s analysis of public data. For fully verified and exact historical sale figures, a manual lookup via the provided email request is necessary.

5. What is the immediate neighbourhood like?
The listing shows several nearby properties on Tyson Trail, suggesting a well-established streetscape. The close proximity of similar homes can contribute to neighbourhood consistency and stability in property values.