57.9
Fair
Property score
57.9
Fair
Overall 57.9
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 92.0
3-min walk to transit with 8 nearby routes
Within 500m: 3 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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57.9 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
763 Adsum Drive — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 203 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 48% | Bottom 11% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 763 Adsum Drive, Winnipeg
Key Characteristics & Appeal
This 820 sqft home, built in 1980, sits on a notably generous 3,778 sqft lot in the Mandalay West neighbourhood. Its primary appeal lies in its balance of space and value. While the living area is modest compared to broader city averages, the lot size is well above average for its immediate street and area, offering valuable outdoor potential. The home’s assessed value is significantly below area and city averages, positioning it as an accessible entry point into the market.
It’s a property that suits practical, value-oriented buyers. First-time homeowners or investors looking for a solid footprint in a established neighbourhood will find its fundamentals compelling. The above-average lot provides a less obvious advantage: room for expansion, gardening, or outdoor living that is often scarce in similarly priced homes. It’s a home that prioritizes land over interior square footage, appealing to those who see long-term potential or value in outdoor space.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is around average for Adsum Drive itself but is notably below the average for the wider Mandalay West area. This suggests it may offer a cost-effective way to enter this specific neighbourhood.
2. Is the lot size a significant feature?
Yes. The land area ranks in the top 15% on its own street, meaning the lot is larger than most direct neighbours. For the area and city, it is below average, but it represents a relative strength for this specific property, offering more private outdoor space than typical homes on the block.
3. What does the sold price history indicate?
Public records show it last sold between $250,000 and $300,000 in 2021. For a precise figure, you can request the exact sold price via email from the listing service.
4. The home was built in 1980. What should I consider?
At 46 years old, the home is newer than many on its street but older than the average home in Mandalay West. Prospective buyers should factor in the potential for updates to systems like roofing, windows, and mechanicals that are typical for a home of this age.
5. Who would this property not suit?
Buyers seeking a large, modern, move-in-ready home with ample interior space may find it limiting. Its appeal is geared more toward those comfortable with a compact layout who value the lot size and see potential in the property itself, rather than immediate luxury.
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