518 Tyson Trail

Peguis, Winnipeg

Property score

82.3

Excellent

Overall 82.3 · Larger and newer than most nearby homes

1,739 sqft (top 27%) · Built in 2024 (7 yrs newer than avg)

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

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

8% larger than neighborhood avg.

Year Built

Above average

7 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

82.3 is composed by the two sections below.

Property Score

83.0Excellent
Living Area1,739 sqft86Excellent
Year Built2024100Excellent
Lot Size3,545 sqft46Low
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
1,739 sqft
0255075100
Same streetTop 28%Same areaTop 27%CitywideTop 19%
Same street · Tyson Trail
#51 / 180
Top 28% · Avg 1,653 sqft
Same area · Peguis
#433 / 1,619
Top 27% · Avg 1,607 sqft
Citywide · Winnipeg
#37,760 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
455k
0255075100
Same streetBottom 33%Same areaBottom 34%CitywideTop 28%
Same street · Tyson Trail
#120 / 180
Bottom 33% · Avg 479.4k
Same area · Peguis
#1,062 / 1,619
Bottom 34% · Avg 488.3k
Citywide · Winnipeg
#53,483 / 194,458
Top 28% · Avg 390.1k

Year Built

Elite
2024
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 1%

Lot Size

below average
3,545 sqft
0255075100
Same streetBottom 29%Same areaBottom 27%CitywideBottom 20%

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

518 Tyson Trail — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 375 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 8/2024CA$450k–500k
Sold price

Same street

Top 42%

Same area

Top 37%

City-wide

Top 19%

Related homes

Highlights & common questions: 518 Tyson Trail, Winnipeg

Property Overview: 518 Tyson Trail, Peguis, Winnipeg

Key Characteristics & Appeal

This is a modern, two-year-old home (built in 2024) that offers a compelling blend of new construction benefits and established neighbourhood value. Its primary appeal lies in its above-average living space (1,739 sq ft) compared to most Winnipeg homes, paired with a relatively efficient lot size. The data presents a nuanced picture: while the lot is smaller than many in the area, the home itself is newer and larger than the vast majority of city-wide properties. This creates an efficient use of space that may suit those who prioritize interior square footage over extensive yard maintenance.

The assessed value of $455k sits around the average for Tyson Trail and the broader Peguis area, but ranks well above the city-wide average, suggesting the property holds its value in a desirable context. The recent sale price (estimated between $450k-$500k in August 2024) aligns closely with this assessment. This home would ideally suit first-time buyers or young families seeking a modern, move-in-ready property without the premium often attached to brand-new builds. It also appeals to value-conscious buyers who want more interior space than typical for the price and are comfortable with a standard-sized urban lot.

Frequently Asked Questions

1. How does the lot size impact this property?
While the land area is smaller than many lots on the street and in Peguis, it is a very typical size for newer urban developments. This can mean lower maintenance and landscaping costs, but may be a consideration for buyers wanting a large backyard for recreation or gardening.

2. What does the "Elite" ranking for Year Built mean?
This indicates the home is among the newest 1% of comparable properties city-wide and on its street. For a buyer, this translates into the benefits of modern building codes, newer major systems (like HVAC and plumbing), and likely lower immediate repair costs.

3. Is the assessed value a reliable indicator of the market price?
The assessed value is for municipal tax purposes. The fact that the recent sold price range aligns with it is a positive sign of market stability. However, a professional appraisal or comparative market analysis is always recommended for precise valuation.

4. Who might this home not suit?
Buyers seeking a very large yard, or those who prefer the character and larger lot sizes often found in older, established neighbourhoods, might find this property less aligned with their priorities.

5. How can I get the exact historical sold price?
The exact sale price is not publicly displayed due to industry regulations. You can request the verified figure by email through the listing page; the service provider will manually look up and send the information directly to you.

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