450 Tyson Trail

Peguis, Winnipeg

Property score

84.7

Excellent

Overall 84.7 · Larger and newer than most nearby homes

1,814 sqft (top 23%) · Built in 2022 (5 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: 2 parks nearby

Living Area

Above average

13% 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

84.7 is composed by the two sections below.

Property Score

86.9Excellent
Living Area1,814 sqft89Excellent
Year Built2022100Excellent
Lot Size4,745 sqft60Fair
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
1,814 sqft
0255075100
Same streetTop 24%Same areaTop 23%CitywideTop 17%
Same street · Tyson Trail
#44 / 180
Top 24% · Avg 1,653 sqft
Same area · Peguis
#370 / 1,619
Top 23% · Avg 1,607 sqft
Citywide · Winnipeg
#32,495 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
518k
0255075100
Same streetTop 18%Same areaTop 32%CitywideTop 17%
Same street · Tyson Trail
#33 / 180
Top 18% · Avg 479.4k
Same area · Peguis
#523 / 1,619
Top 32% · Avg 488.3k
Citywide · Winnipeg
#33,072 / 194,458
Top 17% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetTop 37%Same areaTop 17%CitywideTop 1%

Lot Size

above average
4,745 sqft
0255075100
Same streetTop 19%Same areaTop 28%CitywideBottom 38%

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

450 Tyson Trail — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 428 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 10/2024CA$550k–600k
Sold price

Same street

Top 10%

Same area

Top 9%

City-wide

Top 8%

Related homes

Highlights & common questions: 450 Tyson Trail, Winnipeg

Property Overview: 450 Tyson Trail, Peguis, Winnipeg

Key Characteristics & Appeal

This home at 450 Tyson Trail is a modern, well-sized property built in 2022, offering the benefits of a near-new construction with minimal initial maintenance. Its primary appeal lies in its above-average space and value proposition within its immediate context. With 1,814 sqft of living area, it ranks in the top quarter for size both on its street and in the wider Peguis area, providing more room than many comparable homes. The assessed value of $518k positions it as a premium property on Tyson Trail itself, while being more aligned with the average in the broader Peguis neighbourhood, suggesting you are paying for a superior home within a desirable local setting.

A thoughtful perspective is its "city-wide" standing. While it's a strong performer locally, its modern build year (2022) places it in the elite top 1% compared to Winnipeg's overall housing stock, which has a much older average. This highlights a key advantage: it offers a contemporary living experience without the premium often associated with brand-new, custom builds. The lot size of 4,745 sqft is generous for the street, providing good outdoor space, yet remains manageable for upkeep.

This property would ideally suit buyers seeking a move-in ready, modern home in an established neighbourhood, who value space and a newer build over an ultra-large lot. It’s a strong fit for professionals, growing families, or anyone looking to avoid the immediate renovations or systems updates common with older homes.

Frequently Asked Questions

1. How does the sold price compare to the assessed value?
The home sold for between $550,000 and $600,000 in October 2024. This sale price range is above its $518,000 assessed value, which is typical, as market value (what a buyer pays) often differs from the municipal assessment used for tax purposes.

2. Is the lot size typical for the area?
The lot is 4,745 sqft, which is above average for Tyson Trail itself. However, it is slightly smaller than the average lot in the broader Peguis area and across Winnipeg. This indicates a neighbourhood with a mix of lot sizes, where this property offers a very good balance of home size and yard space.

3. What does the "elite" city-wide ranking for year built mean?
Winnipeg has a large inventory of older homes, with an average build year around 1966. A home built in 2022 is therefore newer than 99% of homes in the city. This suggests lower immediate costs for repairs, modern building standards, and likely greater energy efficiency.

4. How current and reliable is the sold price data shown?
The sold price data is sourced from public records, not the MLS, and is presented as a range unless you request exact figures. The site notes that while reasonably reliable, it has had limited verification and some months of data may be missing. For fully verified transaction history, you must request it directly from the site.

5. What kind of neighbourhood is Tyson Trail in?
The listing indicates it's in the Peguis area of Winnipeg. The data shows the street consists largely of newer homes (average build year 2022), with above-average living space and assessed values compared to the city. This suggests a modern, well-appointed subdivision within the larger community.

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