Property score
59.3
Fair
Overall 59.3 · Smaller and older than most nearby homes
947 sqft (bottom 16%) · Built in 1978 (11 yrs older than avg)
Located in a high-income area with median household income of ~99k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 3 parks nearby
Living Area
Below average
30% smaller than neighborhood avg.
Year Built
Below average
11 yrs older than neighborhood avg.
Mother tongue
English · 36%Punjabi · 23%
Past 10 years Mandalay West sales snapshot (~80% of all data)
472
454k
$385/sqft
1989
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59.3 is composed by the two sections below.
Property Score
Community Score
Mandalay West
How to read: Share of sales in each ~$50k price band for “mandalay west” (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: #46110194
$99K
Median household income
$114K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
14%
Single-person households
40%
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
406 Mandalay Drive — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 238 m).
Mandalay West · WPS public data · 2026
Annual incidents
7
2026
vs. city avg
-76%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
43%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 33% | Bottom 35% | Bottom 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 406 Mandalay Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 406 Mandalay Drive in Mandalay West is a practical, mid-century bungalow built in 1978. Its primary appeal lies in offering solid value and above-average space for its immediate neighborhood. With 947 sqft of living area, it ranks in the top 28% for size on its own street, meaning it is notably more spacious than many direct comparables. The lot is a manageable 3,145 sqft, typical for the street but smaller than the wider city average, which translates to less yard maintenance.
The home’s assessed value is modest relative to both the broader Mandalay West area and Winnipeg overall, suggesting a potentially accessible entry point into the market. A recent sale in the $300k-$350k range aligns with this value positioning. This property would suit first-time buyers or downsizers looking for a comfortable, no-frills home in an established neighborhood without a premium price tag. Its above-average size for the street offers a less obvious advantage: more interior flexibility than neighboring homes, which could be appealing for someone needing a home office or extra living space in a traditionally sized lot setting.
Section 2: Frequently Asked Questions
1. How does this home’s size really compare?
While its living area is below the city-wide average, it is actually larger than most homes on Mandalay Drive itself, ranking in the top third for the street. This means you get more interior space than many of your immediate neighbors would.
2. Is the assessed value a good indicator of the property tax?
The assessed value is one component used to calculate property taxes. With an assessment that is below average for both the Mandalay West area and the city, the property taxes here are likely to be comparatively lower, which is a key ongoing cost consideration.
3. What does the lot size mean for me?
At 3,145 sqft, the lot is very typical for Mandalay Drive but is considered below average for both the broader neighborhood and Winnipeg. This is ideal for those seeking a lower-maintenance yard but may not suit buyers looking for extensive outdoor space or expansion potential.
4. The home was built in 1978. What should I consider?
Homes of this age are common in established Winnipeg neighborhoods. A thorough inspection is recommended to understand the condition of major systems like roofing, windows, plumbing, and electrical, which may be nearing or past their typical lifespans.
5. How can I find out the exact past sale price?
The provided sale price is a public data range. For the precise sale price history, you can request it directly via the email link on the property page. The service is manual but provided without marketing spam.
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