Property score
76.2
Good
Overall 76.2 · Smaller but newer than most nearby homes
1,389 sqft (bottom 27%) · 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
Below average
14% 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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76.2 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
494 Tyson Trail — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 416 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 12% | Bottom 29% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 494 Tyson Trail, Winnipeg
Key Characteristics & Buyer Profile
This home presents a specific value proposition centered on its modern build and efficient footprint. Built in 2021, it is a notably newer property compared to most of Winnipeg, ranking in the top 2% city-wide for its year of construction. With 1,389 sqft of living space, it offers a manageable size that is close to the city average, though it is more compact than many homes in its immediate Peguis neighborhood and on Tyson Trail itself. The assessed value of $399k is below the averages for both the street and neighborhood, but aligns closely with the Winnipeg average, suggesting its price reflects a newer home in a developing area rather than a large lot or expansive square footage. The lot size is modest, which translates to less exterior maintenance.
The appeal lies in acquiring a near-new home with modern building standards and systems, likely requiring minimal immediate upkeep, at a price point that is competitive for a property of this age. It suits first-time buyers or downsizers seeking a low-maintenance, modern home without a premium for excess space or land. It may also appeal to value-conscious buyers who prioritize the condition and efficiency of the home itself over having a larger yard or being the biggest house on the block.
Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The data indicates its assessed value is among the lowest on Tyson Trail, ranking 178th out of 180 homes. This is primarily due to its more compact living area and smaller lot compared to street averages. For buyers who don't need that extra space, this can represent a value entry point into a newer home on the same street.
2. What are the maintenance implications of a 2021 build?
A home built just 5 years ago should have major components (roof, HVAC, appliances) under warranty or with significant remaining lifespan. This can offer substantial savings and predictability compared to an older home, offsetting the smaller lot or living area for the right buyer.
3. How does the lot size impact daily living?
At 3,496 sqft, the yard is smaller than most in Peguis. This limits expansive gardening or large outdoor recreation space but minimizes landscaping time and cost. It's a practical fit for those with a busy lifestyle or who prefer low-maintenance outdoor areas.
4. The sold price history shows a range of $350k-$400k in 2021. What does that mean?
This was likely the original purchase price when the home was new. The current assessed value of $399k suggests stable value retention in line with that initial price, which is a positive indicator in a newer subdivision.
5. Why is the city-wide ranking for "Year Built" so high?
Winnipeg has a large stock of older homes, with a city-wide average build year of 1966. A 2021 construction date is therefore in a very rare, modern tier city-wide, highlighting one of this property's clearest advantages.
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