Property score
47.3
Below average
Overall 47.3 · Smaller and older than most nearby homes
716 sqft (bottom 3%) · Built in 1926 (34 yrs older than avg)
Located in a above-average income area with median household income of ~73k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 10 dining spots, 3 schools, 2 shops, and 6 parks nearby
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Below average
34 yrs older than neighborhood avg.
Mother tongue
English · 58%Punjabi · 5%
Past 10 years Maybank sales snapshot (~80% of all data)
345
325k
$326/sqft
1960
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47.3 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: #46110435
$73K
Median household income
$92K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.4
P90 / P10 ratio
22%
Single-person households
19%
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
1008 Radisson Avenue — 24 amenities found within 500 m, across 6 categories, including 10 dining (nearest 147 m), 3 education (nearest 156 m), 2 shopping (nearest 239 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 12% | Bottom 13% | Bottom 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1008 Radisson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic, no-frills property that presents a clear value proposition centered on land and location over square footage. Built in 1926, it is one of the older homes on its street and in the Maybank neighbourhood, with a living area of 716 sqft that is modest compared to local averages. Its assessed value is notably low, positioning it as one of the most affordable options in the area. The standout feature is the 4,724 sqft lot, which is above average for the immediate street and provides significant outdoor space relative to the home's footprint.
The primary appeal lies in its potential as a strategic entry point into the Winnipeg market. It suits a practical buyer—perhaps a first-time homeowner, an investor, or someone looking to downsize—who is comfortable with a smaller, older home and sees value in the land itself. This property is less about move-in-ready perfection and more about opportunity: the chance to secure a lot in an established neighbourhood at a lower price point, with the option to renovate, expand, or simply hold. It’s a pragmatic choice for those who prioritize lot size and affordability over modern finishes and spacious interiors.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average for comparable homes?
The assessed value reflects the property's specific characteristics: its older age, smaller living area, and likely its condition and features relative to newer or renovated homes. It is assessed based on its current state, not potential, which contributes to its affordability.
2. What does the sold price history (CA$200k–250k in 2019) indicate about its value?
The past sale price range, when considered alongside the current low assessed value, suggests the market has historically placed a premium on the property, likely for its lot and location. This gap between past sale price and current assessment highlights the importance of a professional appraisal and market analysis to determine its present fair market value.
3. Given its age, what should I be most concerned about during an inspection?
With a home built nearly 100 years ago, a thorough inspection is crucial. Key focus areas should include the foundation, roof, electrical wiring, plumbing, and insulation. Understanding the condition and update history of these major systems will be essential for budgeting.
4. How does the lot size compare to nearby properties, and what are the possibilities?
At 4,724 sqft, the lot is larger than the average on Radisson Avenue. This provides valuable outdoor space and could offer future potential for additions, a garden, or landscaping projects, subject to local zoning and permit regulations.
5. Who would this property not be a good fit for?
It would likely not suit buyers seeking a modern, low-maintenance, or spacious turn-key home. Those with a large family, a need for multiple bedrooms, or a desire for recent updates without immediate renovation plans may find the property too compact and dated.
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