429 Tyson Trail

Peguis, Winnipeg

Property score

83.4

Excellent

Overall 83.4 · Larger and newer than most nearby homes

1,834 sqft (top 21%) · Built in 2021 (4 yrs newer than avg)

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

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

14% 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)

Sold Count

887

Median price

505.3k

$/sqft

$321/sqft

Avg build year

2017

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Property score

83.4 is composed by the two sections below.

Property Score

84.8Excellent
Living Area1,834 sqft89Excellent
Year Built2021100Excellent
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
1,834 sqft
0255075100
Same streetTop 19%Same areaTop 21%CitywideTop 16%
Same street · Tyson Trail
#34 / 180
Top 19% · Avg 1,653 sqft
Same area · Peguis
#333 / 1,619
Top 21% · Avg 1,607 sqft
Citywide · Winnipeg
#30,934 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
497k
0255075100
Same streetTop 33%Same areaTop 45%CitywideTop 20%
Same street · Tyson Trail
#59 / 180
Top 33% · Avg 479.4k
Same area · Peguis
#732 / 1,619
Top 45% · Avg 488.3k
Citywide · Winnipeg
#39,343 / 194,458
Top 20% · Avg 390.1k

Year Built

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

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

429 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 10/2021CA$400k–450k
Sold price

Same street

Bottom 20%

Same area

Bottom 38%

City-wide

Top 33%

Related homes

Highlights & common questions: 429 Tyson Trail, Winnipeg

Property Overview: 429 Tyson Trail, Winnipeg

Key Characteristics & Appeal

This home at 429 Tyson Trail in the Peguis neighbourhood is a modern, above-average sized property built in 2021. Its primary appeal lies in its spacious 1,834 sqft living area, which ranks within the top 20% of homes both locally and city-wide, offering more interior room than most Winnipeg houses. With an assessed value of $497,000, it sits at a premium compared to the city-wide average but is competitively priced within its own desirable area.

The property suits buyers looking for a relatively new build that requires minimal immediate upkeep, set in an established modern community. It’s an ideal fit for those who prioritize interior space over a large yard, as the lot size is more compact compared to the city average—a trade-off for a newer home in a developed area. A thoughtful perspective is that this home represents a balance: it offers modern efficiencies and space without the premium lot size of older neighbourhoods, potentially appealing to busy professionals or small families seeking a low-maintenance lifestyle without sacrificing room to grow indoors.

Frequently Asked Questions

1. How does this home’s value compare to others in the area?
The assessed value is very close to the average for both Tyson Trail and the wider Peguis area, but it ranks in the top 20% city-wide. This suggests you are paying a premium for the neighbourhood and modern home features compared to the broader Winnipeg market, but are in line with local expectations.

2. Is the lot size a concern?
The land area is smaller than the city average. This typically means lower outdoor maintenance, but may limit expansion plans like large decks or additions. It’s worth considering if private outdoor space is a major priority.

3. What does the sold price history indicate?
Records show it last sold in October 2021 for between $400,000 and $450,000. The current assessed value of $497,000 reflects market appreciation since then. For exact historical sold prices, a manual lookup via the site’s email request service is needed.

4. How does the age of the home benefit a buyer?
Built in 2021, this home is newer than approximately 98% of homes in Winnipeg. This “Elite” ranking city-wide suggests major components like the roof, HVAC, and appliances are likely under warranty or have most of their lifespan remaining, reducing near-term repair costs.

5. Where can I see more detailed comparisons with neighbouring properties?
The listing provides a link to a neighbourhood analysis page, which maps nearby houses and allows for detailed comparison of year built, living area, assessed value, and lot size.

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.