Property score
56.3
Fair
Overall 56.3 · 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 8 nearby routes · Within 500m: 3 parks nearby
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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56.3 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: #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
725 Adsum Drive — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 222 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 | Bottom 41% | Bottom 9% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 725 Adsum Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This 820 sqft bungalow, built in 1980, sits on a modest 2,979 sqft lot in Mandalay West. Its core appeal lies in being a manageable, entry-level home in a stable neighbourhood. The data reveals a property that is consistently "below average" in size and value compared to its immediate street, area, and the wider city, which directly translates to a more accessible price point.
The home would suit first-time buyers, downsizers, or practical investors seeking a lower-maintenance footprint without leaving the city. A thoughtful perspective is that its older construction date (1980) is actually newer than many homes on its street, suggesting it may have benefited from building code updates of that era. While the lot is smaller than most, it offers enough outdoor space for a patio or garden without demanding extensive upkeep. Its assessed value is notably low for the area, which can indicate a correspondingly lower property tax burden—a significant, often overlooked, long-term savings.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows it's smaller and on a smaller lot than most homes in Mandalay West. However, it sold in the 2021-2025 period for a price that ranked highly (top 91%) compared to area averages at the time, suggesting buyers valued its move-in readiness or specific condition.
2. Is the lower assessed value a concern?
Not necessarily. A lower assessment relative to the area typically means lower municipal property taxes. It generally reflects the home's more compact size and the modest lot.
3. What are the implications of the smaller lot size?
It means less yard maintenance, which is a plus for those seeking simplicity. However, it also limits potential for large additions or extensive outdoor living spaces. Privacy from neighbours may be less than on larger lots.
4. The home is "below average" in many metrics. Does that mean it's a poor property?
No, it defines its niche. These metrics highlight why it is an affordable option. It appeals precisely to those who prioritize financial accessibility and manageable upkeep over sheer space.
5. How can I find out the exact past sale price?
The exact sold price is not publicly listed. You can request it directly via the email button on the listing page. The service provides the accurate figure manually, typically by the end of the same business day, without marketing spam.
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