Property score
76.2
Good
Overall 76.2 · Smaller but newer than most nearby homes
1,332 sqft (bottom 20%) · Built in 2021 (4 yrs newer than avg)
Located in a high-income area with median household income of ~105k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
17% 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
510 Tyson Trail — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 389 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 1% | Bottom 13% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 510 Tyson Trail, Winnipeg
Key Characteristics & Appeal
This 2021-built home in the Peguis neighborhood offers a modern, low-maintenance living option within Winnipeg. Its primary appeal lies in being a contemporary property in a newer development area, requiring minimal immediate upkeep. At 1,332 sqft, the living space is slightly below average for its immediate street and neighborhood but aligns closely with the citywide average, suggesting a efficient, manageable layout for a smaller household or first-time buyer.
The data presents a nuanced value picture. The home’s assessed value ($393k) is notably below the averages for both Tyson Trail and the wider Peguis area, which could indicate a relative value opportunity within this specific market. However, it sits right at the Winnipeg average for comparable homes. The lot size is compact (3,309 sqft), consistent with newer subdivisions, which reduces yard work but offers less private outdoor space.
This property would suit buyers prioritizing a modern build year (top 2% city-wide) without the premium price tag of the newest constructions on the street. It’s a practical fit for first-time homeowners, small families, or downsizers seeking a turn-key home in a developing community, who are comfortable with a smaller lot and see advantage in a below-average assessment within an area of generally higher-valued properties.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighbors?
While the assessed value is below the street and neighborhood averages, it is consistent with the Winnipeg-wide average. This can sometimes occur with slightly smaller homes on compact lots in newer areas where recent builds have larger footprints. It’s a key point for discussion with your real estate agent regarding market valuation.
2. How does the smaller lot size impact daily living?
The lot is below average for the area, which means less yard maintenance and lower associated costs. The trade-off is limited space for gardening, expansive outdoor recreation, or future additions like a large deck or shed. It emphasizes low-maintenance, indoor living.
3. The home sold in 2021. What can that price history tell me?
The previous sale price (listed in a range) provides a historical benchmark. Comparing that 2021 price to the current assessed value and recent area sales can help gauge market appreciation. For exact sale figures, you can request the details via email from the site.
4. Is the living area too small?
At 1,332 sqft, it is smaller than many homes on Tyson Trail and in Peguis, but is typical for Winnipeg overall. It depends on your needs. It’s likely efficient for 1-3 people but may feel compact for a larger family, especially compared to nearby reference properties with 1,600+ sqft.
5. What are the benefits of a 2021 build?
A home built just 5 years ago likely has modern building codes, energy efficiency standards, and warranties that may still be partially transferable. It should require minimal major repairs in the near term, a significant advantage over the city’s much older average home (1966).
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