Property score
52.2
Fair
Overall 52.2 · Smaller and older than most nearby homes
880 sqft (bottom 13%) · Built in 1949 (11 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, 4 schools, 2 shops, and 4 parks nearby
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Below average
11 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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52.2 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
1007 Clarence Avenue — 22 amenities found within 500 m, across 5 categories, including 11 dining (nearest 58 m), 4 education (nearest 350 m), 2 shopping (nearest 185 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 7% | Bottom 31% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1007 Clarence Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 880 sqft bungalow in Maybank, built in 1949, presents a clear value-oriented opportunity. Its most defining characteristic is its very low municipal assessed value ($23,200), which ranks in the bottom 3% on its own street. This suggests significant potential for equity growth through updates and modernization, making it a standout for buyers focused on fundamentals rather than turn-key condition. The lot size is a manageable 4,368 sqft, fairly typical for the area, offering adequate outdoor space without excessive maintenance.
The appeal lies in its position as a true entry-point into the Winnipeg market. It suits practical, hands-on buyers such as first-time homeowners willing to renovate over time, investors looking for a property with a low tax and entry-cost base, or downsizers seeking minimal financial outlay and complexity. It’s not a luxury offering, but a solid foundation. A less obvious perspective is that a home with such a low assessment in a mature neighbourhood can provide a buffer against property tax increases, offering long-term affordability that renovated, higher-assessed homes on the same block cannot.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value is based on the property's state and market value at a prior point in time. A value this low relative to neighbours typically indicates the home is in need of significant updates, may have a simpler layout or finishes, and is assessed on its current condition rather than its potential after renovation.
2. What does the sold price history (2023, CA$200k–250k) tell me?
It shows the home sold within that price range recently. The fact it sold for well above its assessed value is common and reflects the market price buyers were willing to pay. This gap highlights the difference between a municipal assessment for taxation and actual market value.
3. Is the below-average living area a major drawback?
At 880 sqft, it is cozier than many area homes. This could be a limitation for growing families but an advantage for those seeking easier maintenance and lower utility costs. Its efficiency may be appealing for a couple, individual, or as a strategic investment property.
4. What should I prioritize when viewing this property?
Focus on the structural integrity and the cost of essential updates—roof, foundation, heating, electrical, and plumbing. The value here is in the land and the shell; your budget should account for making it livable and modern to your standards.
5. How reliable are the "top percentile" rankings provided?
These rankings are useful for quick comparison. They clearly show this property ranks low on metrics like assessed value and size compared to local peers. They are best used to confirm its position as a smaller, value-priced option in the context of its immediate street, neighbourhood, and the wider city.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
