1003 Royse Avenue

Maybank, Winnipeg

Property score

48.3

Below average

Overall 48.3 · Smaller but newer than most nearby homes

738 sqft (bottom 6%) · Built in 1962 (2 yrs newer than avg)

Located in a above-average income area with median household income of ~82k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 12 dining spots, 2 schools, 3 healthcare facilitys, and 1 shop nearby

Living Area

Below average

29% smaller than neighborhood avg.

Taon ng Paggawa

Above average

2 yrs newer than neighborhood avg.

Mother tongue

English · 51%Punjabi · 8%

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

Sold Count

345

Median price

325k

$/sqft

$326/sqft

Avg build year

1960

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Property score

48.3 is composed by the two sections below.

Property Score

28.7Low
Living Area22
738 sqftLow
Taon ng Paggawa46
1962Low
Lupa28
2,526 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

77.7Good
Household Income77
Good
Education Level82
Excellent
Housing Stress52
Fair
Core Housing Need100
Excellent
Employment Health76
Good

Istatistika ng benta ng komunidad

Maybank

How to read: Share of sales in each ~$50k price band for “maybank” (Detached na bahay (hindi 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: #46110436

Community deep dive

$82K

Median household income

$106K

Average household income

13%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.3

P90 / P10 ratio

19%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)662
Labour force participation rate72%
Median age30.8
Avg household size2.6
Unemployment rate10%
Population density3152 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households19%
Couple families with children27%
Median household income (2020)$82K

Housing

Renter households43%
Condominium dwellings3%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)35%
Visible minority61%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 51%
Mother tongue (2nd)Punjabi · 7%

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

Mga ranggo

Living Area

mas mababa sa average
738 sqft
0255075100
Same streetBottom 7%Same areaBottom 6%CitywideBottom 6%
Same street · Royse Avenue
#42 / 45
Bottom 7% · Avg 1,166 sqft
Same area · Maybank
#862 / 920
Bottom 6% · Avg 1,043 sqft
Citywide · Winnipeg
#183,292 / 194,458
Bottom 6% · Avg 1,342 sqft

Assessed Value

karaniwan
290k
0255075100
Same streetBottom 9%Same areaBottom 34%CitywideBottom 27%
Same street · Royse Avenue
#41 / 45
Bottom 9% · Avg 416.7k
Same area · Maybank
#603 / 920
Bottom 34% · Avg 334k
Citywide · Winnipeg
#142,805 / 194,458
Bottom 27% · Avg 390.1k

Taon ng Paggawa

lampas sa average
1962
0255075100
Same streetBottom 36%Same areaTop 17%CitywideBottom 44%

Lupa

karaniwan
2,526 sqft
0255075100
Same streetTop 49%Same areaBottom 17%CitywideBottom 5%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

1003 Royse Avenue — 22 amenities found within 500 m, across 6 categories, including 12 dining (nearest 89 m), 2 education (nearest 256 m), 3 healthcare (nearest 342 m).

Search radius
🍽️Dining12
🏫Education2
🏥Healthcare3
🛒Shopping1
🌳Parks3
Worship1

Crime & Safety

Maybank · WPS public data · 2026

Annual incidents

10

2026

vs. city avg

-66%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

90%

Kasaysayan ng Benta

1003 Royse Avenue: Wala kaming ipinapakitang kasaysayan ng bentahan batay lamang sa pampublikong datos; hindi ibig sabihin na walang bentahan noon. Puwede pa ring humiling sa email sa seksyong “Data notes” sa ibaba—hahanapin namin nang manu-mano at sasagutin nang may pinakamakatotohanang impormasyon.

Related homes

Mga tampok at karaniwang tanong: 1003 Royse Avenue, Winnipeg

Property Overview

This home at 1003 Royse Avenue in Winnipeg's Maybank neighbourhood presents a specific and practical value proposition. Its key appeal lies in being an affordable entry point into the market, particularly for a first-time buyer or an investor. At 738 sqft, the living space is compact—ranking in the bottom 7% for size on its own street—which suggests a manageable, low-maintenance footprint. The 1962 build date is notably older than many homes in Maybank, placing it in the top 17% for age in the neighbourhood, which can mean established character and mature landscaping, but also warrants a careful inspection of major systems.

The assessed value of $290,000 sits comfortably around the average for Maybank, indicating the price reflects the home’s scale and vintage. The lot size of 2,526 sqft is smaller than most in the city but is fairly typical for Royse Avenue itself. This creates a less obvious dynamic: while the house is modest in comparison to broader areas, it fits the local streetscape. This property would suit a pragmatic buyer who prioritizes location and affordability over size, and who is comfortable with a home that offers potential to personalize over time rather than immediate modern finishes.

Frequently Asked Questions

1. Is this a good investment property?
Given its below-average size and assessed value for the city, it could be a candidate for a rental property, offering a relatively lower entry cost. Its average valuation within Maybank suggests stability rather than high speculative growth.

2. What should I be concerned about with a 1962 build?
While the neighbourhood ranking suggests it's one of the older homes on the block, a professional inspection is crucial. Focus should be on the age and condition of the roof, plumbing, electrical systems, and insulation, which may need updating or have been renovated over time.

3. The living area seems small. How does the layout work?
At 738 sqft, efficient use of space is key. Buyers should pay close attention to the floor plan during a viewing to see if the layout feels functional for their needs, as storage and room proportions will be important factors.

4. How does the lot size impact the property?
The land area is smaller than the Winnipeg average but typical for the street. This means lower outdoor maintenance, but also limited space for expansions, large gardens, or additions. It’s a practical yard, not a sprawling one.

5. Why is there no public sold price history?
Sold price data is not always publicly available for all properties in Manitoba. The listing service offers to provide the exact history manually via email to ensure accuracy and privacy for past transactions, which is a common practice.