470 Tyson Trail

Peguis, Winnipeg

Property score

86.5

Excellent

Overall 86.5 · Larger and newer than most nearby homes

1,747 sqft (top 26%) · Built in 2021 (4 yrs newer than avg)

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

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby

Living Area

Above average

9% 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

86.5 is composed by the two sections below.

Property Score

90.0Excellent
Living Area1,747 sqft86Excellent
Year Built2021100Excellent
Lot Size8,193 sqft93Excellent
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
1,747 sqft
0255075100
Same streetTop 28%Same areaTop 26%CitywideTop 19%
Same street · Tyson Trail
#50 / 180
Top 28% · Avg 1,653 sqft
Same area · Peguis
#428 / 1,619
Top 26% · Avg 1,607 sqft
Citywide · Winnipeg
#37,230 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
535k
0255075100
Same streetTop 13%Same areaTop 25%CitywideTop 15%
Same street · Tyson Trail
#23 / 180
Top 13% · Avg 479.4k
Same area · Peguis
#400 / 1,619
Top 25% · Avg 488.3k
Citywide · Winnipeg
#28,435 / 194,458
Top 15% · Avg 390.1k

Year Built

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

Lot Size

Elite
8,193 sqft
0255075100
Same streetTop 2%Same areaTop 9%CitywideTop 11%

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

470 Tyson Trail — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 414 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 11/2021CA$450k–500k
Sold price

Same street

Top 35%

Same area

Top 32%

City-wide

Top 17%

Related homes

Highlights & common questions: 470 Tyson Trail, Winnipeg

Property Overview: 470 Tyson Trail, Winnipeg

Key Characteristics & Appeal

This home at 470 Tyson Trail in Peguis presents a compelling blend of modern build, generous space, and a standout lot. Built in 2021, it offers the advantages of a nearly new home with minimal initial maintenance concerns. Its 1,747 sqft living area is consistently above average for its street, neighbourhood, and the wider city, providing ample room for a growing family or those who value spacious interiors.

The property’s most distinctive feature is its land. With an 8,193 sqft lot, it ranks in the top 2% on Tyson Trail itself, offering significantly more outdoor space than most immediate neighbours. This creates rare potential for gardening, recreation, or future additions in a relatively new subdivision. The assessed value of $535k positions it above average across all comparison levels, suggesting a premium for its combination of size, age, and land.

This home would suit buyers looking for a modern property that avoids the typical postage-stamp lot of newer developments. It’s ideal for those prioritizing indoor-outdoor living space and who value a home that stands out in its immediate area for lot size while still being part of a contemporary community. It also appeals to data-informed buyers, as its metrics consistently perform well against local and city-wide benchmarks.


Frequently Asked Questions

1. How does the lot size compare to typical Winnipeg homes?
The lot is 8,193 sqft, which places it above average (top 11%) city-wide. It’s notably larger than the typical Winnipeg lot, which averages around 6,570 sqft, and is exceptionally large for its own street.

2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $535k is for municipal tax purposes and is a historical snapshot. It can be a useful benchmark, but the actual market price is determined by current conditions, the home’s specific features, and buyer demand. The home last sold between $450k-$500k in late 2021.

3. What are the potential benefits of a 2021 build?
A home built just five years ago likely incorporates modern building codes, energy efficiency standards, and contemporary floor plans. Major components like the roof, HVAC, and appliances should have considerable life remaining, offering peace of mind and lower immediate repair costs.

4. The home ranks "around average" for year built on its own street. What does that mean?
This indicates Tyson Trail is a relatively new street where many homes were constructed around the same time (the average build year on the street is 2022). You’re buying into an established, modern streetscape rather than being the first or only new home on the block.

5. Where can I get verified historical sale price data for this property?
The site provides sold price ranges based on public data. For fully verified and exact transaction figures, you must request a manual lookup via email, as this information is not sourced from the MLS system.

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