664 Adsum Drive

Mandalay West, Winnipeg

Property score

70.3

Good

Overall 70.3 · Older than most nearby homes

1,200 sqft (bottom 41%) · Built in 1978 (11 yrs older than avg)

Located in a high-income area with median household income of ~96k

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

Living Area

Near average

11% smaller than neighborhood avg.

Year Built

Below average

11 yrs older than neighborhood avg.

Mother tongue

English · 34%Tagalog · 26%

Past 10 years Mandalay West sales snapshot (~80% of all data)

Sold Count

472

Median price

454k

$/sqft

$385/sqft

Avg build year

1989

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

70.3 is composed by the two sections below.

Property Score

60.1Fair
Living Area66
1,200 sqftGood
Year Built67
1978Good
Lot Size38
3,171 sqftLow
Neighbourhood Sales Activity28
Low

Community Score

85.5Excellent
Household Income83
Excellent
Education Level82
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

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.

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: #46110195

Community deep dive

$96K

Median household income

$110K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

13%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)350
Labour force participation rate60%
Median age39.6
Avg household size3.1
Unemployment rate0%
Population density3500 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households13%
Couple families with children31%
Median household income (2020)$96K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$340K

Diversity, education & language

Immigrants (share of pop.)50%
Visible minority66%
Bachelor's or higher (25–64)42%
Mother tongue (1st)English · 34%
Mother tongue (2nd)Tagalog · 25%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
1,200 sqft
0255075100
Same streetTop 4%Same areaBottom 41%CitywideTop 50%
Same street · Adsum Drive
#7 / 162
Top 4% · Avg 953 sqft
Same area · Mandalay West
#941 / 1,596
Bottom 41% · Avg 1,346 sqft
Citywide · Winnipeg
#97,378 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

below average
266k
0255075100
Same streetBottom 27%Same areaBottom 1%CitywideBottom 21%
Same street · Adsum Drive
#119 / 162
Bottom 27% · Avg 283.9k
Same area · Mandalay West
#1,574 / 1,596
Bottom 1% · Avg 418.4k
Citywide · Winnipeg
#153,852 / 194,458
Bottom 21% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 29%Same areaBottom 6%CitywideTop 35%

Lot Size

above average
3,171 sqft
0255075100
Same streetTop 27%Same areaBottom 9%CitywideBottom 15%

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

664 Adsum Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 159 m).

Search radius
🌳Parks2

Crime & Safety

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%

Sales History

Sold 8/2023CA$250k–300k
Sold price

Same street

Top 45%

Same area

Bottom 14%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 664 Adsum Drive, Winnipeg

Property Overview: 664 Adsum Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 664 Adsum Drive in Mandalay West presents a compelling case for value-focused buyers. Its key characteristic is a clear sense of balance: it offers a living space (1,200 sqft) that is notably larger than most on its street and in the immediate neighbourhood, yet it carries an assessed value that is below average for the area. Built in 1978, it is on the newer side for Adsum Drive. The lot size, while modest by broader city standards, is above average for the street.

The primary appeal lies in this combination of more interior space for the money within its specific locale. It suits a first-time homebuyer or a practical downsizer looking for a solid footprint in a mature neighbourhood without a premium price tag. A thoughtful perspective is that this property may represent an "efficiency play" within Mandalay West—you're acquiring a home that outperforms its direct peers in living area while the financial metrics (assessed value, recent sold price range) suggest it hasn't commanded a corresponding premium, potentially indicating room for personal value addition.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home's assessed value is $26,600. For reference, a nearby, slightly smaller home at 652 Adsum Drive sold in the $250,000–$300,000 range in 2023 with a higher assessed value. This discrepancy is common, as assessed value for taxation purposes often differs from market value.

2. Is the living space truly larger than neighbouring homes?
Yes. The 1,200 sqft living area ranks in the top 4% on Adsum Drive, where comparable homes average about 953 sqft. It is also above the average for the wider Mandalay West area.

3. What does the "below average" ranking for assessed value in the neighbourhood mean?
It means the home's official assessed value is lower than most homes in Mandalay West. This can be a double-edged sword: it may suggest a lower property tax burden, but it could also reflect factors the assessment considers, such as updates or features relative to other area homes.

4. How can I find out the exact historical sale price for this property?
The provider offers a manual service to share the exact sold price history. You can submit your email via the "Get exact sold price history" button with the assurance it will not be used for unsolicited marketing.

5. The lot seems smaller than the city average. Is that a concern?
The 3,171 sqft lot is below the Winnipeg average but is actually above average for Adsum Drive itself. This is typical for mature, established neighbourhoods. It suggests a lower-maintenance yard, which could be a benefit for many buyers.