Property score
77.6
Good
Overall 77.6 · Newer than most nearby homes
1,414 sqft (bottom 31%) · 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
12% 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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77.6 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
498 Tyson Trail — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 409 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 | Top 38% | Top 36% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 498 Tyson Trail, Peguis, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a modern, low-maintenance property built in 2021, offering a move-in-ready experience in the Peguis neighbourhood. Its key appeal lies in its balance of new construction and a relatively accessible price point within the city.
The 1,414 sqft living space is compact compared to others on its street but is actually slightly above the average size for a Winnipeg home. This creates an efficient layout that suits smaller households, first-time buyers, or those looking to downsize without sacrificing modern amenities. The assessed value of $423k sits below the averages for both its immediate street and the broader Peguis area, yet it is above the city-wide average. This positioning suggests it may offer better value for a newer home compared to its direct neighbours, while still representing a premium for its modern condition compared to the city's older housing stock.
The lot is modest at 3,309 sqft, which means less yard maintenance—a plus for busy professionals or those seeking a lock-and-leave lifestyle. The home’s true standout feature is its age; built in 2021, it is newer than approximately 98% of all homes in Winnipeg, virtually eliminating concerns about major near-term repairs or outdated systems.
This property would best suit buyers who prioritize modern construction and efficiency over expansive space. It’s a strong fit for first-time buyers entering the market with a modern home, downsizers seeking a newer, manageable property, or investors looking for a relatively new asset with lower maintenance demands.
Section 2: Frequently Asked Questions
1. How does the value of this home compare to others?
The home’s assessed value of $423,000 is below the average for both Tyson Trail and the Peguis area, but above the Winnipeg city-wide average. This indicates you may be paying less than neighbours for a similar modern home, but are investing in a newer property compared to most of the city's older housing stock.
2. Is the living space sufficient for a family?
At 1,414 sqft, the living area is smaller than most on its street but is slightly larger than the typical Winnipeg home. It likely offers an efficient, modern layout best suited for smaller families, couples, or individuals.
3. What are the benefits of a 2021 build?
A home built just five years ago offers significant advantages, including modern building codes, energy-efficient systems, contemporary design, and minimal risk of major immediate repairs. It ranks in the top 2% city-wide for year built.
4. How much maintenance should I expect with the yard?
The lot size of 3,309 sqft is notably smaller than averages for the street, area, and city. This translates to less lawn care and exterior maintenance, which can be a desirable feature for those with busy schedules.
5. Where can I find verified historical sale data for this property?
The provided data is based on public records. For fully verified transaction history and exact sale prices, you must request a manual lookup from the site via email, as they do not display MLS-sourced sold records.
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