421 Tyson Trail

Peguis, Winnipeg

Property score

81.2

Excellent

Overall 81.2 · Newer than most nearby homes

1,618 sqft (top 39%) · Built in 2022 (5 yrs newer than avg)

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

Transit 74.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Near average

1% 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 Area1,618 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
1,618 sqft
0255075100
Same streetTop 43%Same areaTop 39%CitywideTop 25%
Same street · Tyson Trail
#78 / 180
Top 43% · Avg 1,653 sqft
Same area · Peguis
#637 / 1,619
Top 39% · Avg 1,607 sqft
Citywide · Winnipeg
#47,643 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
475k
0255075100
Same streetBottom 48%Same areaBottom 44%CitywideTop 24%
Same street · Tyson Trail
#93 / 180
Bottom 48% · Avg 479.4k
Same area · Peguis
#913 / 1,619
Bottom 44% · Avg 488.3k
Citywide · Winnipeg
#46,653 / 194,458
Top 24% · 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

421 Tyson Trail — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 496 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 7/2022CA$400k–450k
Sold price

Same street

Bottom 28%

Same area

Bottom 43%

City-wide

Top 30%

Related homes

Highlights & common questions: 421 Tyson Trail, Winnipeg

Property Overview: 421 Tyson Trail, Peguis, Winnipeg

Key Characteristics & Appeal

This 2022-built home offers modern living in a neighborhood of newer construction. With 1,618 sqft of living space, it sits comfortably above the Winnipeg city average, providing a spacious feel compared to many older homes. Its assessed value of $475k is notably above the city-wide average, yet it is positioned as around average for its immediate street and the broader Peguis area, suggesting it is priced in line with its contemporary peer group.

The primary appeal lies in its balance of new-build advantages—like modern building standards and minimal immediate maintenance—within a well-established price bracket for the area. The lot size (3,782 sqft) is smaller than typical city lots, which may translate to less yard upkeep. This property would suit buyers seeking a turn-key, modern home who prioritize interior space and new systems over a large yard. It’s a pragmatic choice for professionals or small families looking in Peguis, offering a home that is newer than 99% of Winnipeg’s housing stock without a premium that places it at the very top of the local market.

Frequently Asked Questions

1. How does the property’s value compare to what it last sold for?
The home sold in July 2022 for between $400k and $450k. The current $475k assessed value represents a likely increase since that sale, consistent with market trends for newer homes in the area.

2. Is the lot size a concern?
The lot is smaller than both the Peguis and Winnipeg averages. This means less outdoor maintenance but also less private yard space. It’s a trade-off that aligns with low-maintenance living.

3. What does "around average" for the street and area really mean?
For key metrics like living area and value, this home isn’t an outlier. It fits squarely within the middle range of homes on Tyson Trail and in Peguis, indicating it’s a typical, representative property for this specific community of newer builds.

4. How accurate are the sold price figures shown?
The site notes that sold prices are based on public internet data, not the MLS, and are shown in $50k bands for non-members. For verified, exact historical sale figures, you must request a manual lookup via email from the service.

5. What is the likely condition given its age?
Built in 2022, the home is only about four years old. Buyers can expect most major components (roof, HVAC, appliances) to be under or just approaching the end of their original manufacturer warranties, implying minimal major repair costs in the near term.

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