Property score
46.1
Below average
Overall 46.1 · Smaller and older than most nearby homes
688 sqft (bottom 2%) · Built in 1926 (34 yrs older 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: 11 dining spots, 1 school, 3 healthcare facilitys, and 1 shop nearby
Living Area
Below average
34% smaller than neighborhood avg.
Year Built
Below average
34 yrs older than neighborhood avg.
Mother tongue
English · 51%Punjabi · 8%
Past 10 years Maybank sales snapshot (~80% of all data)
345
325k
$326/sqft
1960
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46.1 is composed by the two sections below.
Property Score
Community Score
Maybank
How to read: Share of sales in each ~$50k price band for “maybank” (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: #46110436
$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
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
1005 Royse Avenue — 20 amenities found within 500 m, across 6 categories, including 11 dining (nearest 92 m), 1 education (nearest 249 m), 3 healthcare (nearest 339 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 37% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1005 Royse Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Royse Avenue in Maybank presents a distinct profile centered on its generous lot. The 688 sqft house, built in 1926, is notably compact and older than most in the immediate area and city. Its assessed value is modest, sitting below average for the street but closer to the norm for the wider Maybank neighbourhood.
The primary appeal lies in the land itself—a 5,051 sqft lot that is significantly larger than most on Royse Avenue. This creates a substantial outdoor space relative to the home's footprint, a rare find in the area. The property suits a specific buyer: someone seeking an affordable entry into homeownership with a vision for expansion or renovation, or a buyer who prioritizes private outdoor space over interior square footage. It’s a property where the value is more in its potential and land than in its current structure, appealing to DIY enthusiasts, long-term planners, or those looking to add value through strategic updates.
Section 2: Frequently Asked Questions
1. Is this a "tear-down" property?
Not necessarily. While the home is smaller and older than area averages, its condition ultimately determines this. The generous lot size does make it a candidate for a significant expansion or eventual rebuild, but the existing structure may be perfectly livable for the right buyer.
2. Why is the assessed value relatively low?
The assessed value reflects the home's age, smaller living area, and likely its current condition and features compared to others. It’s important to note that assessed value for tax purposes doesn't always equal market value, but it indicates this is not a highly renovated or expanded home.
3. What are the real costs beyond the purchase price?
As a century-old home, prospective buyers should budget for potential updates to major systems (like plumbing, electrical, or insulation) and anticipate higher maintenance costs than a newer build. The lower assessed value may also mean lower property taxes, a factor to consider.
4. How does the lot size compare practically?
At over 5,000 sqft, the lot is a standout feature. This is not just a backyard; it's a canvas for gardens, play space, adding a garage, or future home additions. It offers a level of privacy and flexibility uncommon for homes in this price range.
5. Where can I find the exact historical sale price?
The listing service provides sold price ranges based on public data. To obtain the precise sale price from its last transaction in 2020, you must request it directly via the email link provided on the detail page. They provide this information manually and promise a reply by the end of the same business day.
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