394 Tyson Trail

Peguis, Winnipeg

Property score

80.4

Excellent

Overall 80.4 · Newer than most nearby homes

1,578 sqft (top 46%) · Built in 2021 (4 yrs newer than avg)

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

Transit 64.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Above average

4 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

80.4 is composed by the two sections below.

Property Score

79.8Good
Living Area1,578 sqft79Good
Year Built2021100Excellent
Lot Size4,465 sqft53Fair
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
1,578 sqft
0255075100
Same streetBottom 47%Same areaTop 46%CitywideTop 26%
Same street · Tyson Trail
#96 / 180
Bottom 47% · Avg 1,653 sqft
Same area · Peguis
#739 / 1,619
Top 46% · Avg 1,607 sqft
Citywide · Winnipeg
#51,441 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

above average
468k
0255075100
Same streetBottom 44%Same areaBottom 40%CitywideTop 25%
Same street · Tyson Trail
#101 / 180
Bottom 44% · Avg 479.4k
Same area · Peguis
#973 / 1,619
Bottom 40% · Avg 488.3k
Citywide · Winnipeg
#49,066 / 194,458
Top 25% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetBottom 35%Same areaTop 25%CitywideTop 2%

Lot Size

around average
4,465 sqft
0255075100
Same streetTop 41%Same areaTop 41%CitywideBottom 33%

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

394 Tyson Trail — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 421 m).

Search radius
🌳Parks2

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 12/2021CA$450k–500k
Sold price

Same street

Top 43%

Same area

Top 38%

City-wide

Top 20%

Related homes

Highlights & common questions: 394 Tyson Trail, Winnipeg

Property Overview: 394 Tyson Trail, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 394 Tyson Trail in Peguis is a modern, well-sized property built in 2021. Its primary appeal lies in its balance of space, age, and value within the broader Winnipeg market. With 1,578 sqft of living area, it offers above-average space compared to the typical city home. The assessed value of $468k positions it as a relatively premium property citywide, yet it is competitively priced within its own neighbourhood and street.

The home’s standout feature is its age. Being only five years old, it is newer than approximately 98% of homes across Winnipeg, suggesting modern construction standards, minimal immediate repair needs, and contemporary layouts. The lot size of 4,465 sqft is typical for the immediate area, offering a manageable yard.

This property would suit buyers seeking a move-in ready, modern home without the premium often attached to brand-new builds. It’s ideal for professionals or small families who value space and newer amenities but also appreciate being in an established, developing neighbourhood like Peguis where the home’s metrics are consistent with its peers. A thoughtful perspective is that while the home is elite in age citywide, it blends in on its own street, offering modern comforts without standing out as an anomaly, which can be appealing for those seeking community consistency.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value is very much in line with the averages on Tyson Trail and in the wider Peguis area, ranking near the middle in both categories. This suggests it is priced fairly within its immediate market.

2. What are the advantages of a 2021 build?
A home from 2021 likely incorporates current building codes, energy efficiency standards, and modern floor plans. It should also carry significant remaining warranty coverage on major components, reducing near-term repair risks.

3. Is the lot size a limitation?
At 4,465 sqft, the lot is typical for the street and neighbourhood. It provides adequate outdoor space for gardening or recreation but is smaller than the citywide average. It suits those preferring lower yard maintenance.

4. How reliable is the sold price data shown?
The listed sold price range (CA$450k–500k) is based on publicly available data, not the MLS. For verified, exact historical sale figures, you must request a manual lookup from the site via email.

5. What does its “above average” citywide ranking for size and value mean?
It means that compared to all Winnipeg homes, this property offers more living space and a higher assessed value than most. This indicates a premium positioning in the overall market, which can be a factor for long-term value retention.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.