Property score
81.8
Excellent
Overall 81.8 · Newer than most nearby homes
1,609 sqft (top 41%) · Built in 2022 (5 yrs newer than avg)
Located in a high-income area with median household income of ~105k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Near average
0% 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)
887
505.3k
$321/sqft
2017
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81.8 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
505 Tyson Trail — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 429 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 23% | Top 21% | Top 12% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 22% | Bottom 39% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 505 Tyson Trail, Peguis, Winnipeg
Key Characteristics & Appeal
This home at 505 Tyson Trail is a modern, well-sized property built in 2022, offering the advantages of a near-new construction. With 1,609 square feet of living space, it provides above-average roominess compared to the typical Winnipeg home, while its assessed value of $476k also sits above the citywide average. The appeal lies in this balance of contemporary build quality, practical space, and a value proposition that is competitive within its immediate neighborhood yet stands out in the broader city context.
The property is ideally suited for buyers seeking a move-in ready home without the concerns of older infrastructure, likely appealing to young families or professionals who value modern amenities and minimal immediate maintenance. A thoughtful perspective is that while the lot size is smaller than the city average, this often translates to less yard upkeep—a potential benefit for those with busy lifestyles. Its recent sale history shows solid value appreciation, indicating it's situated in a stable and desirable area of the Peguis neighborhood.
Frequently Asked Questions
1. How does this home compare in size and value to its neighbors?
Within its immediate area on Tyson Trail and in Peguis, this home is very typical—ranking around the average for both living area and assessed value among comparable properties. It fits seamlessly into the local market.
2. What are the advantages of a 2022 build year?
A home built just four years ago likely features modern building codes, energy-efficient standards, and contemporary floor plans. It significantly reduces the risk of major, near-term repair expenses common in older homes.
3. The lot size is noted as below the city average. Is this a concern?
The lot is approximately 4,017 sq ft, which is smaller than the Winnipeg average but consistent with many newer subdivisions. This can mean lower maintenance and is typical for the neighborhood, but it's important to consider your personal needs for outdoor space.
4. What does the sold price history indicate?
The home sold in July 2024 for an estimated $500k-$550k, and previously in February 2022 for an estimated $400k-$450k. This history suggests a strong pattern of value growth over a two-year period.
5. How can I get the exact sold prices?
The provided sold prices are estimated ranges from public data. For fully verified and exact sale figures, you must request a manual lookup by email through the website, as this information is not sourced from the MLS.
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