509 Tyson Trail

Peguis, Winnipeg

Property score

81.8

Excellent

Overall 81.8 · Newer than most nearby homes

1,617 sqft (top 40%) · Built in 2021 (4 yrs newer than avg)

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

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Near average

1% 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

81.8 is composed by the two sections below.

Property Score

82.2Excellent
Living Area1,617 sqft83Excellent
Year Built2021100Excellent
Lot Size4,017 sqft53Fair
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
1,617 sqft
0255075100
Same streetTop 44%Same areaTop 40%CitywideTop 25%
Same street · Tyson Trail
#79 / 180
Top 44% · Avg 1,653 sqft
Same area · Peguis
#641 / 1,619
Top 40% · Avg 1,607 sqft
Citywide · Winnipeg
#47,724 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
462k
0255075100
Same streetBottom 38%Same areaBottom 37%CitywideTop 26%
Same street · Tyson Trail
#111 / 180
Bottom 38% · Avg 479.4k
Same area · Peguis
#1,016 / 1,619
Bottom 37% · Avg 488.3k
Citywide · Winnipeg
#51,121 / 194,458
Top 26% · Avg 390.1k

Year Built

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

Lot Size

around average
4,017 sqft
0255075100
Same streetTop 48%Same areaBottom 44%CitywideBottom 26%

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

509 Tyson Trail — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 422 m).

Search radius
🌳Parks1

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 8/2021CA$400k–450k
Sold price

Same street

Bottom 33%

Same area

Bottom 44%

City-wide

Top 30%

Related homes

Highlights & common questions: 509 Tyson Trail, Winnipeg

Property Overview: 509 Tyson Trail, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 509 Tyson Trail in the Peguis neighborhood is a modern, well-sized property that offers a balanced and practical living proposition. Built in 2021, its key appeal lies in its contemporary construction paired with sensible, established sizing. With 1,617 sqft of living space, it sits comfortably above the Winnipeg city average, offering more room than many older homes, while remaining typical for its immediate street and area—meaning it fits right in without standing out as unusually large or small.

The assessed value of $462K reflects this balance, being above the citywide benchmark but average for Peguis. A thoughtful perspective is that this property represents a "sweet spot" of newer builds (placing it in the top 2% city-wide for age) without the premium often attached to the very latest constructions. The lot size is more compact, which translates to less yard maintenance—a potential upside for buyers seeking a modern home but wanting to minimize weekend chores.

This home would suit first-time buyers looking for a move-in-ready, low-maintenance property, or young families seeking a modern layout in a developing community. It’s also a sensible choice for value-focused buyers who want the benefits of a new build (like modern efficiency standards and warranties) without paying for elite-level square footage or lot size.

Section 2: Frequently Asked Questions

1. How does this home compare to others in the area?
The home is very typical for its specific street and the broader Peguis neighborhood in terms of living space, lot size, and value. Its standout feature is its age; it's newer than about 75% of homes in Peguis and 98% of homes across Winnipeg.

2. Is the lot size a concern?
The 4,017 sqft lot is below the city average. This means a smaller backyard, which could be a drawback for those wanting extensive outdoor space. However, it also means less landscaping and yard upkeep, which many buyers see as a benefit.

3. What is the likely price range based on past sales?
A comparable home on this street sold in 2021 for between $400K and $450K. Given the current assessed value and market trends, a buyer should expect the price to be in a higher range today, but recent exact sales data requires a direct request to the site for full verification.

4. What are the property taxes likely to be?
Property taxes are calculated based on the assessed value ($462K) and the city's mill rate. You can estimate them by applying the current Winnipeg mill rate to the assessed value.

5. How can I get verified, exact sold prices for this area?
The displayed sold data is from public sources, not the MLS. For fully verified transaction histories and exact sale figures, you need to request a manual lookup via email through the SaveOnHouse website, which they provide as a free service.

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