Property score
54.8
Fair
Overall 54.8 · Older than most nearby homes
924 sqft (bottom 31%) · Built in 1938 (22 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: 10 dining spots, 3 schools, 2 shops, and 6 parks nearby
Living Area
Below average
11% smaller than neighborhood avg.
Year Built
Below average
22 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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54.8 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
1025 Kelsey Avenue — 25 amenities found within 500 m, across 6 categories, including 10 dining (nearest 210 m), 3 education (nearest 230 m), 2 shopping (nearest 286 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 1% | Bottom 7% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This home at 1025 Kelsey Avenue in Winnipeg's Maybank neighbourhood presents a practical, no-frills opportunity. Built in 1938, its 924 sqft living space is modest and below average for the immediate street, but it sits on a standard city lot of just under 5,000 sqft. The assessed value is consistently around average for its local area, suggesting it's priced in line with neighbourhood expectations. Its appeal lies in its straightforwardness: it's a smaller, character home on a decent lot without the premium of a recent build or extensive renovations. This would suit a first-time buyer comfortable with a home of its era, an investor looking for a rental property with land value, or a downsizer seeking a manageable footprint without leaving the city. A thoughtful perspective is that its "below average" size for the street could mean lower utility costs and less upkeep, while its average valuation indicates stability without inflated speculation.
Frequently Asked Questions
1. What are the major considerations for a home built in 1938?
Prospective buyers should budget for and prioritize a thorough inspection. While the structure has stood for decades, key systems like wiring, plumbing, and insulation may need updating to modern standards. The charm of an older home comes with the responsibility of proactive maintenance.
2. How does the below-average living area impact value?
The smaller square footage is reflected in its average assessed value for the area. This means you're likely paying for the land and location more than the home's size. It can represent an efficient entry point into the neighbourhood, with potential to add value through a thoughtful addition or renovation in the future.
3. What can the 2019 sale price range tell me?
The historical sale price range (CA$150k–200k) provides a benchmark. Comparing it to the current assessed value (~$31.60k for tax purposes, not market value) and any current listing price helps gauge market trends and the seller's potential expectations. Note that assessed value for taxes is not the same as market value.
4. Who are the typical buyers in Maybank?
Maybank, with a mix of older and mid-century homes, often attracts practical buyers. This includes young families seeking affordability in established areas, long-term residents, and investors. The neighbourhood offers a quiet, residential feel without being remote.
5. Why is the lot size important for this property?
At 4,725 sqft, the lot is a standard city size. For this particular home, the lot represents a significant portion of the property's value and future potential. It offers good outdoor space for a home of this size and provides options for gardening, expansion, or simply more privacy than newer, denser developments.
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