Property Overview

Key Characteristics & Buyer Profile

This is a single-family home built in 1986, with 1,223 square feet of living space and a 5,097-square-foot lot in Winnipeg’s Tyndall Park neighbourhood. The home sits on Egesz Street, a location where it ranks in the top 30% for living area and top 12% for assessed value among nearby properties. Its assessed value of $396,000 is above the local and citywide medians, reflecting solid long-term value retention rather than speculative pricing.

What sets this property apart is its land-to-living-area ratio. While the lot size is slightly below the citywide median, it’s notably larger than many homes in Tyndall Park (where the average lot is smaller), giving it more outdoor space without the maintenance burden of an oversized yard. The 1986 build year places it in a sweet spot—newer than many older Winnipeg homes that require major upgrades, but old enough that any initial construction issues have likely been resolved and the property’s character is established.

The appeal here is quiet practicality. It’s not a showpiece, but it’s a solid, above-average home in a stable, mid-tier area. The rankings show it outperforms most nearby homes in assessed value and living area, suggesting good bones and smart upkeep. This suits buyers who want a home that’s been well-maintained, has room to grow into, and isn’t in a hyper-competitive price bracket. First-time buyers with some renovation budget, young families looking for a balanced neighbourhood, or investors seeking a reliable rental in a decent school catchment area would all find this a sensible fit. The lack of extreme highs or lows in the rankings makes it a conservative, low-drama choice.

Five Possible FAQs

1. How does the assessed value compare to similar homes in the area?
The assessed value of $396,000 is above average for both Egesz Street (average $348,800) and the wider Tyndall Park area (average $337,400). It also slightly exceeds the citywide median of $390,100. This means the property is valued higher than most nearby homes, which often reflects updates, good condition, or a desirable lot.

2. Is the living space considered large for this neighbourhood?
Yes. At 1,223 square feet, the living area ranks in the top 17% for Tyndall Park and top 30% on Egesz Street. The local average is 1,088 square feet, so this home offers roughly 12% more interior space than most in the area. It’s above average but not oversized for the lot.

3. What’s the significance of the year built being 1986?
Homes from the mid-1980s in Winnipeg are generally well-constructed, often with better insulation and modern electrical systems than older stock. The ranking shows this home is newer than about 77% of properties citywide, meaning it avoids many common deferred-maintenance issues found in pre-1970s homes. That said, it’s old enough that kitchen, bathroom, or window updates may have been done—or may be due soon.

4. The lot size is 5,097 square feet—is that typical for this street?
It ranks in the top 20% on Egesz Street, meaning the lot is larger than most on the block. However, citywide it sits just below the median. So while it’s generous by local standards, it won’t feel unusually large or small compared to other Winnipeg suburbs. It’s a comfortable yard size for gardening, a play set, or a small workshop.

5. What kind of neighbourhood is Tyndall Park?
Tyndall Park is a stable, family-oriented area in northwest Winnipeg, known for its mix of post-war and 1980s housing. It has good access to schools, parks, and shopping along Inkster Boulevard and Main Street. The area is not a hot market like River Heights or Wolseley, but it offers consistent demand and reasonable pricing. This home ranks in the top 8% for assessed value in the neighbourhood, which suggests it’s one of the stronger properties in a solid, middle-market area.