Property score
80.4
Excellent
Overall 80.4 · Newer than most nearby homes
1,505 sqft (bottom 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
6% 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)
887
505.3k
$321/sqft
2017
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80.4 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
406 Tyson Trail — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 429 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 25% | Bottom 41% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 406 Tyson Trail, Winnipeg
Key Characteristics & Appeal
This home at 406 Tyson Trail is a modern property, built in 2021, offering a balanced and above-average package for Winnipeg. Its 1,505 sqft living space is slightly below the average for its own street but ranks above average when viewed across the entire city, indicating a solid size for urban living. The assessed value of $491k follows a similar pattern—positioned around the middle for the immediate area but within the top 21% citywide, suggesting good value retention in a broader context.
The primary appeal lies in its modern construction and efficient lot use. As a home only a few years old, it likely offers contemporary layouts, finishes, and building standards, which is a significant advantage compared to Winnipeg's much older average housing stock. The lot size is consistent with newer developments, providing manageable outdoor space without excessive maintenance. This property would suit buyers seeking a move-in ready, modern home in an established neighborhood, who prioritize newer infrastructure and efficient design over a sprawling lot or being the largest house on the block. It represents a practical choice for professionals, small families, or downsizers looking for a low-maintenance, contemporary living space without venturing into the premium luxury market.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value is very close to the averages for both Tyson Trail and the wider Peguis neighborhood, indicating it is priced consistently with its immediate peers. Its value stands out more significantly when compared to the Winnipeg citywide average, where it ranks in the top 21%.
2. Is the living space considered small?
It depends on the scope of comparison. At 1,505 sqft, it is slightly smaller than other homes on Tyson Trail but is larger than the typical Winnipeg home. It offers a comfortable size that is efficient for modern living.
3. What are the benefits of a 2021 build year?
A home built in 2021 offers major advantages like modern building codes, energy efficiency, contemporary electrical and plumbing systems, and likely minimal immediate repair needs. It ranks in the top 2% newest homes citywide.
4. Can I get the exact historical sold price for this property?
The site provides sold price ranges for context. To obtain the exact, verified sold price history, you must request a manual lookup via email, as this data is not displayed directly on the page due to industry regulations.
5. How does the lot size impact this property?
The lot is approximately 4,466 sqft, which is typical for newer homes on this street and in this development. It provides adequate private outdoor space while being manageable to maintain, a trade-off common in modern subdivisions compared to older neighborhoods with larger lots.
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