1008 Waller Avenue

Maybank, Winnipeg

49.1

Below average

Overall 49.1

Smaller and older than most nearby homes

709 sqft (bottom 3%)

Built in 1950 (10 yrs older than avg)

Located in a above-average income area

with median household income of ~73k

Transit 94.0

2-min walk to transit with 4 nearby routes

Within 500m: 8 dining spots, 3 schools, 1 healthcare facility, and 2 shops nearby

Living Area

Below average

32% smaller than neighborhood avg.

Year Built

Below average

10 yrs older than neighborhood avg.

Mother tongue

English · 58%Punjabi · 5%

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

49.1 is composed by the two sections below.

Property Score

31.3Low
Living Area709 sqft22Low
Year Built195030Low
Lot Size5,108 sqft67Good
Neighbourhood Sales Activity42Low

Community Score

75.9Good
Household Income74Good
Education Level72Good
Housing Stress74Good
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

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: #46110435

Community deep dive

$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

Population, labour & age

Population (2021)403
Labour force participation rate78%
Median age34.0
Avg household size2.6
Unemployment rate10%
Population density2686 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households22%
Couple families with children19%
Median household income (2020)$73K

Housing

Renter households40%
Condominium dwellings0%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)27%
Visible minority43%
Bachelor's or higher (25–64)36%
Mother tongue (1st)English · 57%
Mother tongue (2nd)Punjabi · 5%

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

Rankings

Living Area

below average
709 sqft
0255075100
Same streetBottom 6%Same areaBottom 3%CitywideBottom 4%
Same street · Waller Avenue
#80 / 85
Bottom 6% · Avg 1,087 sqft
Same area · Maybank
#891 / 920
Bottom 3% · Avg 1,043 sqft
Citywide · Winnipeg
#186,324 / 194,458
Bottom 4% · Avg 1,342 sqft

Tax-Assessed Value

around average
304k
0255075100
Same streetBottom 9%Same areaBottom 37%CitywideBottom 30%
Same street · Waller Avenue
#77 / 85
Bottom 9% · Avg 362.8k
Same area · Maybank
#578 / 920
Bottom 37% · Avg 334k
Citywide · Winnipeg
#135,349 / 194,458
Bottom 30% · Avg 390.1k

Year Built

below average
1950
0255075100
Same streetBottom 19%Same areaBottom 14%CitywideBottom 28%

Lot Size

around average
5,108 sqft
0255075100
Same streetTop 38%Same areaTop 48%CitywideBottom 48%

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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

1008 Waller Avenue — 23 amenities found within 500 m, across 7 categories, including 8 dining (nearest 73 m), 3 education (nearest 135 m), 1 healthcare (nearest 474 m).

Search radius
🍽️Dining8
🏫Education3
🏥Healthcare1
🛒Shopping2
🌳Parks6
🏦Finance1
Worship2

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%

Sales History

Sold 1/2019CA$200k–250k
Sold price

Same street

Bottom 1%

Same area

Bottom 27%

City-wide

Bottom 18%

Related homes

Highlights & common questions: 1008 Waller Avenue, Winnipeg

Property Overview: 1008 Waller Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 1008 Waller Avenue in Maybank is a classic, no-frills property defined by its practicality and value. Its key characteristic is its modest 709 sqft living area, which is notably compact compared to most homes on its street, in the neighbourhood, and across Winnipeg. Built in 1950, it sits on a reasonably sized lot of just over 5,000 sqft, which is fairly typical for the area.

The primary appeal lies in its accessibility and potential. With a low assessed value and a last known sale price in the $200k-$250k range (2019), it represents a clear entry point into the Winnipeg market. This isn't a move-in-ready showcase home; its value is as a foundation. It would perfectly suit a first-time buyer, an investor looking for a rental property, or a hands-on individual seeking a manageable project. The appeal is for those who see a lower financial barrier to entry and a canvas for personalization, rather than those seeking immediate modern luxury or ample space. The lot size offers a relative advantage, providing decent outdoor space that is uncommon for many newer, denser developments.

Section 2: Frequently Asked Questions

1. Is the living area too small?
At 709 sqft, the home is significantly smaller than average. It would suit a single person, a couple, or someone looking to downsize efficiently. Its layout and how the space is used will be far more important than the square footage alone.

2. What does the assessed value tell me?
The assessed value of $30,400k is used for calculating property taxes and is not the market price. Its low assessment relative to city averages suggests a lower tax burden, but the market sale price will be influenced by many other factors, including condition and recent sales of similar homes.

3. How does the lot size compare?
The lot of 5,108 sqft is around average for Maybank and city-wide. This is a positive aspect, offering more outdoor space than many newer infill properties, which could be used for gardening, expansion, or simply added privacy.

4. What can the 2019 sale price range tell me?
The previous sale price ($200k-$250k) provides a historical benchmark, but it is now several years old. Market conditions have likely changed. It's best used as a starting point for research, not a definitive current value.

5. Who are the most relevant comparable properties?
For a true sense of value, look beyond just assessed value matches. Focus on recently sold homes in Maybank with similar square footage, lot size, and age. The "Nearby Properties" listed, like 1014 or 1004 Waller Avenue, will be more relevant comparables than a home with the same assessment but in a different neighbourhood.

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