1010 Royse Avenue

Maybank, Winnipeg

Property score

61.6

Fair

Overall 61.6 · Newer than most nearby homes

926 sqft (bottom 31%) · Built in 2018 (58 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: 11 dining spots, 1 school, 4 healthcare facilitys, and 1 shop nearby

Living Area

Below average

11% smaller than neighborhood avg.

Year Built

Above average

58 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

61.6 is composed by the two sections below.

Property Score

50.9Fair
Living Area926 sqft42Low
Year Built201897Excellent
Lot Size2,526 sqft28Low
Neighbourhood Sales Activity42Low

Community Score

77.7Good
Household Income77Good
Education Level82Excellent
Housing Stress52Fair
Core Housing Need100Excellent
Employment Health76Good

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: #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.

Rankings

Living Area

around average
926 sqft
0255075100
Same streetBottom 36%Same areaBottom 31%CitywideBottom 19%
Same street · Royse Avenue
#29 / 45
Bottom 36% · Avg 1,166 sqft
Same area · Maybank
#632 / 920
Bottom 31% · Avg 1,043 sqft
Citywide · Winnipeg
#157,928 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
375k
0255075100
Same streetBottom 38%Same areaTop 28%CitywideTop 45%
Same street · Royse Avenue
#28 / 45
Bottom 38% · Avg 416.7k
Same area · Maybank
#254 / 920
Top 28% · Avg 334k
Citywide · Winnipeg
#88,243 / 194,458
Top 45% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 38%Same areaTop 5%CitywideTop 4%

Lot Size

around average
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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

1010 Royse Avenue — 21 amenities found within 500 m, across 6 categories, including 11 dining (nearest 54 m), 1 education (nearest 204 m), 4 healthcare (nearest 289 m).

Search radius
🍽️Dining11
🏫Education1
🏥Healthcare4
🛒Shopping1
🌳Parks2
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 1/2022CA$350k–400k
Sold price

Same street

Bottom 42%

Same area

Top 11%

City-wide

Top 36%
Sold 7/2020CA$300k–350k
Sold price

Same street

Bottom 21%

Same area

Top 27%

City-wide

Top 49%

Related homes

Highlights & common questions: 1010 Royse Avenue, Winnipeg

Property Overview & Key Characteristics

This home at 1010 Royse Avenue in Winnipeg's Maybank neighbourhood presents a compelling mix of modern convenience and relative value. Built in 2018, it is a notably newer construction compared to most homes in its area and across the city, ranking in the top 5% locally for its year built. This translates to less immediate concern for major system replacements and likely benefits from contemporary building standards.

With 926 square feet of living space, the home is moderately sized, sitting around the average for its immediate street but slightly below the averages for the wider Maybank area and city. The lot size of 2,526 sqft is compact, especially when viewed city-wide, suggesting a lower-maintenance yard. A key point of appeal is its assessed value of $37,500, which is above average for Maybank, indicating strong value retention within the neighbourhood compared to its peers.

The property’s primary appeal lies in its "newer build in an established area" proposition. It suits first-time buyers or downsizers seeking a modern, low-maintenance home without the premium of a brand-new subdivision. It also appeals to value-oriented buyers who recognize that its above-average assessment for the area could signal a stable investment in a neighbourhood of older homes. The compact lot is a trade-off, offering easier upkeep but less private outdoor space.

Frequently Asked Questions

1. How does the sold price history inform the current value?
The home sold in the $350k-$400k range in 2022 and the $300k-$350k range in 2020. This history provides a benchmark, but current market conditions, updates, and precise sale terms will determine today’s value.

2. What does the "above average" assessed value in Maybank actually mean?
While the assessed value is around average city-wide, it ranks in the top 28% within Maybank. This suggests the property is viewed favourably relative to many older homes in the immediate neighbourhood, which often influences property taxes and perceived worth.

3. As a newer home on a smaller lot, what should I consider?
The 2018 build offers modern efficiency and fewer near-term repairs. The smaller lot means lower yard maintenance but also limits expansion potential and private outdoor space. It’s a practical choice for those prioritizing the home itself over land.

4. How does this home compare to others on Royse Avenue?
It’s quite average for the street in terms of living area, assessed value, and lot size. Its standout feature is its age—it is significantly newer than the typical home on the block, which averages a 1989 build year.

5. Where can I see more detailed context about the neighbourhood?
For a visual analysis comparing this property to nearby homes on factors like year built, lot size, and value, you can open the dedicated neighbourhood map analysis page linked in the full details.

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.