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 · 2-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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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
749 Adsum Drive — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 250 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 36% | Bottom 8% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 749 Adsum Drive, Winnipeg
Key Characteristics & Appeal
This home at 749 Adsum Drive presents a practical entry point into Winnipeg’s Mandalay West neighbourhood. Its key characteristic is value, with an assessed value significantly below averages for both the immediate area and the wider city. The 820 sqft bungalow, built in 1980, is newer than many on its street and sits on a standard 3,015 sqft lot.
The primary appeal lies in its affordability and positioning as a manageable, low-maintenance property. It suits first-time buyers seeking a foothold in a stable neighbourhood without a premium price tag, or investors looking for a straightforward rental property. A thoughtful perspective is that its below-average size and value for Mandalay West could represent a strategic opportunity; it offers access to the area without paying for its larger, more modern homes, making it a sensible choice for those prioritizing financial flexibility over space.
Frequently Asked Questions
1. Is this a good value for the neighbourhood?
Yes, based on assessed value. This property ranks in the top 90% on its own street (meaning its value is lower than 90% of neighbours) and is significantly below the Mandalay West average, suggesting a competitively priced entry point into the area.
2. What type of buyer is this home best suited for?
It’s ideally suited for first-time homebuyers or investors. The smaller living space and lot size translate to lower upkeep and costs, while the below-average assessment indicates a potentially lower property tax burden.
3. How does the home’s size compare to others?
At 820 sqft, the living area is below average for Adsum Drive, Mandalay West, and Winnipeg overall. This confirms it as a compact, efficient layout rather than a spacious family home.
4. The sold price history shows a range of $250k-$300k in 2021. Why is the assessed value so much lower?
Assessed value, set by the municipal government for taxation purposes, is often markedly different from market value (sale price). The 2021 sale price reflects what a buyer was willing to pay at that time, while the assessment is a standardized valuation formula.
5. What is a less obvious thing to consider about this property?
Consider its age relative to the street. Built in 1980, it is newer than many homes on Adsum Drive. This could imply updates in its construction or systems compared to older neighbours, potentially balancing its smaller size with relatively modern infrastructure.
