Property score
81.8
Excellent
Overall 81.8 · Newer than most nearby homes
1,610 sqft (top 41%) · 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
0% larger 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)
887
505.3k
$321/sqft
2017
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81.8 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111253
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
398 Tyson Trail — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 423 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 34% | Bottom 44% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 398 Tyson Trail, Winnipeg
This home presents a balanced, modern option in Winnipeg's Peguis neighborhood. Built in 2021, it offers the appeal of a nearly new construction without the premium often attached to the latest builds. Its key strength is its above-average position city-wide in both size (1,610 sq ft, top 25%) and assessed value ($475k, top 24%), suggesting a solid footprint for the price compared to the broader Winnipeg market. On its own street and in Peguis, however, it sits firmly in the middle of the pack—neither a standout nor an underperformer. This creates a specific dynamic: you're acquiring a home that is newer than 98% of properties across the city, yet it blends typically into a street and area filled with similar, recently built homes.
The appeal lies in this equilibrium. It suits buyers seeking a turn-key, modern home in an established new development, who value space and contemporary builds but are not necessarily looking for a unique standout property. It’s a practical choice for those who want to avoid the potential issues of an older home while being part of a cohesive, newer community. A thoughtful perspective is that its "average" standing locally could mean less volatility and more predictable resale value, as it moves with the neighborhood trend rather than relying on exceptional features.
Frequently Asked Questions
How does this home’s value compare to others nearby?
The home’s assessed value of $475,000 is very close to the street average ($479,400) and slightly below the Peguis neighborhood average ($488,300). This indicates it is priced consistently with its immediate peers.
Is the lot size typical for the area?
The lot of 4,465 sq ft is typical for Tyson Trail (avg. 4,396 sq ft) but is smaller than the average lot across the wider Peguis neighborhood (5,966 sq ft). This is common for newer subdivisions.
What does the "Elite" city-wide ranking for year built mean?
This means the 2021 build date is newer than approximately 98% of comparable homes across the entire city of Winnipeg. It highlights one of the property's chief advantages: a modern home in a city with a much older average housing stock.
Are there recent sales data for this specific property?
Yes. It last sold between $400,000 and $450,000 in September 2021. For verified, exact historical sale prices, you can request that information directly via email from the site.
How does the living space compare?
At 1,610 sq ft, it offers more space than the typical Winnipeg home (avg. 1,342 sq ft). On Tyson Trail and in Peguis, it is just slightly below the local averages, so it provides a spacious layout by city standards while being standard for its specific community.
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