1016 Radisson Avenue

Maybank, Winnipeg

Property score

54.8

Fair

Overall 54.8 · Smaller but newer than most nearby homes

873 sqft (bottom 13%) · Built in 1974 (14 yrs newer than avg)

Located in a above-average income area with median household income of ~73k

Transit 86.0 · 3-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

16% smaller than neighborhood avg.

Year Built

Above average

14 yrs newer 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

54.8 is composed by the two sections below.

Property Score

40.8Low
Living Area32
873 sqftLow
Year Built58
1974Fair
Lot Size53
4,200 sqftFair
Neighbourhood Sales Activity42
Low

Community Score

75.9Good
Household Income74
Good
Education Level72
Good
Housing Stress74
Good
Core Housing Need88
Excellent
Employment Health83
Excellent

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

around average
873 sqft
0255075100
Same streetBottom 38%Same areaBottom 13%CitywideBottom 14%
Same street · Radisson Avenue
#13 / 21
Bottom 38% · Avg 931 sqft
Same area · Maybank
#803 / 920
Bottom 13% · Avg 1,043 sqft
Citywide · Winnipeg
#166,947 / 194,458
Bottom 14% · Avg 1,342 sqft

Tax-Assessed Value

above average
368k
0255075100
Same streetTop 24%Same areaTop 33%CitywideTop 48%
Same street · Radisson Avenue
#5 / 21
Top 24% · Avg 312.6k
Same area · Maybank
#301 / 920
Top 33% · Avg 334k
Citywide · Winnipeg
#92,574 / 194,458
Top 48% · Avg 390.1k

Year Built

above average
1974
0255075100
Same streetTop 14%Same areaTop 12%CitywideTop 42%

Lot Size

around average
4,200 sqft
0255075100
Same streetBottom 38%Same areaBottom 34%CitywideBottom 29%

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

1016 Radisson Avenue — 25 amenities found within 500 m, across 6 categories, including 10 dining (nearest 166 m), 3 education (nearest 192 m), 2 shopping (nearest 244 m).

Search radius
🍽️Dining10
🏫Education3
🛒Shopping2
🌳Parks6
🏦Finance1
Worship3

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 6/2024CA$350k–400k
Sold price

Same street

Top 13%

Same area

Top 19%

City-wide

Top 44%

Related homes

Highlights & common questions: 1016 Radisson Avenue, Winnipeg

Property Overview: 1016 Radisson Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 1974 bi-level home at 1016 Radisson Avenue presents a practical and value-conscious opportunity in Winnipeg's Maybank neighbourhood. Its key feature is a renovated basement, adding valuable finished living space to the 873 sqft main floor. The property sits on a 4,200 sqft lot, which is above average for the street, and includes a detached garage.

The appeal lies in its balance of updates and potential. The renovated basement offers immediate utility, while the home's age and size suggest it could be well-suited for further personalization. It recently sold for $360k, a price point that reflects its move-in-ready condition with room for equity growth through updates. This property would suit first-time buyers seeking a solid starter home with some work already done, or an investor looking for a manageable rental property with a desirable feature (the basement suite potential) in a stable, established area.

A less obvious perspective is its relative modernity within its immediate context. Built in 1974, it is newer than 86% of the homes on its street, meaning major components like plumbing and electrical may be from a more recent era than many neighbouring houses. Additionally, while the living area is modest, its lot size ranking in the top third for the street offers valuable outdoor space or future expansion potential not available with every home in the area.

Section 2: Frequently Asked Questions

1. What does "renovated basement" typically include?
While specifics should be verified by a viewing and inspection, a renovated basement in a home of this era usually means it has been finished into a livable space with proper flooring, drywall, and ceiling. It may include a recreational room, additional bedrooms, or a bathroom. It's important to check for proper permits and moisture management.

2. How does the sold price compare to the assessed value?
The home sold for $360,000 in June 2024, which is significantly higher than its $36,800 assessed value. This is common, as municipal assessed values in Manitoba are for tax purposes and often lag behind current market values, which are determined by recent sales of comparable homes.

3. What are the implications of a detached garage?
A detached garage offers flexibility—it can be used for parking, storage, or as a workshop without concerns about fumes or noise entering the house. The trade-off is convenience, as you will need to go outside to access your vehicle, which can be a consideration during Winnipeg winters.

4. Is the Maybank neighbourhood a good area?
The data shows this property ranks in the top third of Maybank for lot size and in the top tier for the year it was built, suggesting it's a solid, established neighbourhood with a mix of older and somewhat newer homes. Its rankings for sold price are consistently in the middle to upper ranges for the area, indicating it is a typical and representative property for Maybank.

5. What might be the main considerations for a bi-level home?
Bi-level homes feature short flights of stairs to both the upper living area and lower level. This layout is efficient but means living spaces are split across two levels. It can be ideal for separating living and sleeping areas, but may not be suitable for those seeking single-level living. The renovated basement in this home likely makes the lower level a key part of the daily living space.