1022 Waller Avenue

Maybank, Winnipeg

Property score

57.1

Fair

Overall 57.1 · Older than most nearby homes

984 sqft (bottom 39%) · Built in 1953 (7 yrs older 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: 8 dining spots, 3 schools, 2 shops, and 6 parks nearby

Living Area

Below average

6% smaller than neighborhood avg.

Year Built

Below average

7 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

57.1 is composed by the two sections below.

Property Score

44.5Low
Living Area984 sqft42Low
Year Built195336Low
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

around average
984 sqft
0255075100
Same streetBottom 39%Same areaBottom 39%CitywideBottom 24%
Same street · Waller Avenue
#52 / 85
Bottom 39% · Avg 1,087 sqft
Same area · Maybank
#558 / 920
Bottom 39% · Avg 1,043 sqft
Citywide · Winnipeg
#147,274 / 194,458
Bottom 24% · Avg 1,342 sqft

Tax-Assessed Value

around average
295k
0255075100
Same streetBottom 7%Same areaBottom 35%CitywideBottom 28%
Same street · Waller Avenue
#79 / 85
Bottom 7% · Avg 362.8k
Same area · Maybank
#594 / 920
Bottom 35% · Avg 334k
Citywide · Winnipeg
#140,276 / 194,458
Bottom 28% · Avg 390.1k

Year Built

around average
1953
0255075100
Same streetBottom 24%Same areaBottom 17%CitywideBottom 31%

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

1022 Waller Avenue — 23 amenities found within 500 m, across 6 categories, including 8 dining (nearest 125 m), 3 education (nearest 196 m), 2 shopping (nearest 168 m).

Search radius
🍽️Dining8
🏫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 7/2024CA$300k–350k
Sold price

Same street

Bottom 48%

Same area

Top 37%

City-wide

Bottom 42%
Sold 5/2020CA$250k–300k
Sold price

Same street

Bottom 26%

Same area

Bottom 44%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 1022 Waller Avenue, Winnipeg

Property Overview & Key Characteristics

This home at 1022 Waller Avenue presents a practical opportunity in Winnipeg's Maybank neighbourhood. Its key appeal lies in its balance of a modestly-sized house on a generous, average-sized lot. With 984 sqft of living space, the home is smaller than many in the city but is competitively sized for its immediate street and area. The lot of just over 5,000 sqft offers valuable outdoor space and potential relative to the home's footprint.

The property suits first-time buyers or practical downsizers looking for a manageable home without compromising on yard space. Its assessed value is notably low compared to neighbours, which can indicate a lower property tax burden but also suggests the home may require updating. Built in 1953, it’s older than most on its street, appealing to those interested in adding value through renovations. It’s not a move-in-ready showcase, but a grounded proposition for a buyer comfortable with a home that has a lower entry point and clear potential.


Frequently Asked Questions

1. Why is the assessed value so much lower than neighbouring homes?
A significantly lower assessment, like this one, often reflects the home's condition, age, and features relative to updated houses nearby. It typically results in lower property taxes, but it's a strong indicator that the home may need modernization.

2. How does the home's size feel for daily living?
At 984 sqft, it's compact. This is efficient for individuals, couples, or small families who prioritize low maintenance. The layout and flow will be key, as space needs to be well-utilized in a home of this size.

3. What does the sale history tell us?
The home sold twice in recent years (2020 and 2024). This pattern suggests it could be a well-priced entry point or a flip project. Requesting the exact sold prices is crucial to understanding its recent market trajectory and the level of investment made by the previous owner.

4. Is the large lot a major advantage?
The lot is a definite asset. It offers room for gardening, recreation, or future expansion like a shed or deck. In a neighbourhood, a lot this size provides more privacy and breathing room than newer subdivisions often allow.

5. What should I prioritize during a viewing?
Focus on the condition of major systems (roof, foundation, heating, electrical) common in a 1950s build, and look at how the layout functions. Also, assess how the outdoor space connects to the home, as that lot is a primary feature that can offset the smaller interior.

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