389 Tyson Trail

Peguis, Winnipeg

Property score

81.2

Excellent

Overall 81.2 · Newer than most nearby homes

1,646 sqft (top 36%) · Built in 2022 (5 yrs newer than avg)

Located in a high-income area with median household income of ~105k

Transit 64.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Above average

5 yrs newer than neighborhood avg.

Mother tongue

English · 58%Punjabi · 12%

Past 10 years Peguis sales snapshot (~80% of all data)

Sold Count

887

Median price

505.3k

$/sqft

$321/sqft

Avg build year

2017

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Property score

81.2 is composed by the two sections below.

Property Score

81.2Excellent
Living Area1,646 sqft83Excellent
Year Built2022100Excellent
Lot Size3,782 sqft46Low
Neighbourhood Sales Activity89Excellent

Community Score

81.3Excellent
Household Income87Excellent
Education Level72Good
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

Peguis

How to read: Share of sales in each ~$50k price band for “peguis” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111253

Community deep dive

$105K

Median household income

$113K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

18%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)5,276
Labour force participation rate76%
Median age36.4
Avg household size2.9
Unemployment rate7%
Population density2536 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households18%
Couple families with children38%
Median household income (2020)$105K

Housing

Renter households30%
Condominium dwellings4%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority47%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 57%
Mother tongue (2nd)Punjabi · 11%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,646 sqft
0255075100
Same streetTop 38%Same areaTop 36%CitywideTop 23%
Same street · Tyson Trail
#69 / 180
Top 38% · Avg 1,653 sqft
Same area · Peguis
#577 / 1,619
Top 36% · Avg 1,607 sqft
Citywide · Winnipeg
#45,031 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
481k
0255075100
Same streetTop 44%Same areaBottom 47%CitywideTop 23%
Same street · Tyson Trail
#79 / 180
Top 44% · Avg 479.4k
Same area · Peguis
#855 / 1,619
Bottom 47% · Avg 488.3k
Citywide · Winnipeg
#44,683 / 194,458
Top 23% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetTop 37%Same areaTop 17%CitywideTop 1%

Lot Size

around average
3,782 sqft
0255075100
Same streetBottom 38%Same areaBottom 34%CitywideBottom 23%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

389 Tyson Trail — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 475 m).

Search radius
🌳Parks1

Crime & Safety

Peguis · WPS public data · 2026

Annual incidents

15

2026

vs. city avg

-49%

relative to avg

Year-over-year

-91%

vs. prior year

Primary type

Property

67%

Full crime data for Peguis →Winnipeg crime overview →

Sales History

Sold 2/2022CA$450k–500k
Sold price

Same street

Top 39%

Same area

Top 36%

City-wide

Top 19%

Related homes

Highlights & common questions: 389 Tyson Trail, Winnipeg

Property Overview: 389 Tyson Trail, Peguis, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 389 Tyson Trail is a modern, well-sized property built in 2022, offering the advantages of a near-new construction with minimal maintenance concerns. Its key appeal lies in its balanced and efficient profile. With 1,646 sqft of living space, it provides ample room for a growing family or those seeking a comfortable, low-hassle home, ranking above the city-wide average for size. The assessed value of $481k positions it as a premium property compared to the typical Winnipeg home, yet it is very much in line with the averages for its immediate street and the broader Peguis neighbourhood, suggesting a fair market valuation within a desirable area.

The lot size of 3,782 sqft is smaller than the city norm, which translates to less yard maintenance—a potential benefit for busy professionals or those not seeking extensive gardening. Conversely, it offers less private outdoor space than some older neighbourhoods. The home’s standout characteristic is its age; being built in 2022 places it in the top 1% of homes city-wide by newness, meaning modern building standards, energy efficiency, and contemporary layouts.

This property would best suit buyers prioritizing a move-in ready, modern home in a developing community who value interior space and modern amenities over a large traditional yard. It’s ideal for those looking to avoid the immediate renovation costs and surprises often associated with older homes.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value is almost exactly at the average for Tyson Trail and the Peguis area, indicating it is priced consistently within its immediate market. However, it is assessed significantly higher than the Winnipeg city-wide average, reflecting the premium for newer homes in modern neighbourhoods.

2. What are the implications of the lot being smaller than the city average?
The 3,782 sqft lot requires less upkeep, which can be a practical advantage. However, it may limit options for large additions, pools, or extensive landscaping. It’s a trade-off that emphasizes the home itself and a more manageable outdoor space.

3. As a 2022 build, what can I expect regarding maintenance and systems?
You can expect all major components—roof, siding, HVAC, appliances, and plumbing—to be under or just approaching the end of their manufacturer warranties. This offers considerable peace of mind and predictable costs for the near future, a major advantage over older stock.

4. The data shows a sale in early 2022. Is this the original purchase?
Likely, yes. Given the 2022 build date, the recorded sale from February 2022 is almost certainly the original purchase from the builder. Requesting the exact sold price history can confirm this and provide the precise baseline.

5. How does the living area truly compare to other available homes?
While near the average for its street and area, this home’s living space is larger than approximately 77% of all homes in Winnipeg. This means it offers more interior space than the vast majority of the city’s housing stock, which is a significant asset.

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