57.2
Fair
Property score
57.2
Fair
Overall 57.2
Smaller and older than most nearby homes
820 sqft (bottom 10%)
Built in 1980 (9 yrs older than avg)
Located in a high-income area
with median household income of ~117k
Transit 100.0
1-min walk to transit with 7 nearby routes
Within 500m: 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
39% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 39%Punjabi · 26%
Past 10 years Mandalay West sales snapshot (~80% of all data)
472
454k
$385/sqft
1989
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57.2 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: #46110193
$117K
Median household income
$130K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
9%
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
703 Adsum Drive — 5 amenities found within 500 m, across 1 categories, including 5 parks (nearest 198 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%
Local garbage, recycling, and yard waste pickup schedule for 703 Adsum Drive.
Garbage
wednesday
Recycling
wednesday
Yard Waste
wednesday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 47% | Bottom 11% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 703 Adsum Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 703 Adsum Drive in Mandalay West is a practical, entry-level property with a specific value proposition. Built in 1980, it is a newer construction compared to many on its own street. Its key characteristic is its modest scale, featuring 820 sqft of living space on a 3,499 sqft lot. Both the living area and the current assessed value are below the averages for the immediate neighbourhood and the wider city, indicating a more affordable price point.
The appeal lies in its position as a potential starter home or a straightforward investment within a established community. It suits first-time buyers seeking a foothold in the market without a premium price tag, or investors looking for a rental property with a lower entry cost. A less obvious perspective is that its smaller size and lot, while below area averages, can translate to lower utility costs and less maintenance—an advantage for those seeking simplicity. The data suggests you are paying primarily for the structure and location rather than for extensive land.
Section 2: Frequently Asked Questions
1. Is this a good value for the area?
Based on the provided metrics, the home’s assessed value and living area are consistently below averages for Mandalay West and Winnipeg. This typically indicates a lower purchase price relative to the neighbourhood, which can represent a value for buyers comfortable with a smaller home.
2. What does the sold price history tell us?
The property sold between $250,000 and $300,000 in 2022. For a precise figure, you must request the exact sold price history via email from the listing service, as they provide this detail manually.
3. How does the lot size compare?
The lot of 3,499 sqft is above average for Adsum Drive itself but is below the average lot size for both the Mandalay West neighbourhood and the city overall.
4. What are the potential drawbacks?
The primary consideration is space. The living area is notably smaller than typical homes in the area, which may not suit growing families or those needing more room. The rankings show it falls in the lower tiers for size and value within its broader community.
5. Who would this property not suit?
It would likely not suit buyers looking for a spacious family home, those who prioritize being at or above neighbourhood averages for square footage, or anyone seeking a large yard. Its profile is geared toward minimalists, first-time buyers, or investors.
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