1026 Royse Avenue

Maybank, Winnipeg

Property score

52.7

Fair

Overall 52.7 · Smaller and older than most nearby homes

882 sqft (bottom 13%) · Built in 1940 (20 yrs older than avg)

Located in a above-average income area with median household income of ~82k

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 11 dining spots, 3 schools, 4 healthcare facilitys, and 1 shop nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Below average

20 yrs older 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

52.7 is composed by the two sections below.

Property Score

36.1Low
Living Area882 sqft32Low
Year Built194024Low
Lot Size5,051 sqft67Good
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

below average
882 sqft
0255075100
Same streetBottom 22%Same areaBottom 13%CitywideBottom 15%
Same street · Royse Avenue
#35 / 45
Bottom 22% · Avg 1,166 sqft
Same area · Maybank
#797 / 920
Bottom 13% · Avg 1,043 sqft
Citywide · Winnipeg
#165,539 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

around average
318k
0255075100
Same streetBottom 16%Same areaBottom 40%CitywideBottom 35%
Same street · Royse Avenue
#38 / 45
Bottom 16% · Avg 416.7k
Same area · Maybank
#550 / 920
Bottom 40% · Avg 334k
Citywide · Winnipeg
#126,739 / 194,458
Bottom 35% · Avg 390.1k

Year Built

below average
1940
0255075100
Same streetBottom 4%Same areaBottom 8%CitywideBottom 19%

Lot Size

above average
5,051 sqft
0255075100
Same streetTop 16%Same areaBottom 46%CitywideBottom 47%

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

1026 Royse Avenue — 25 amenities found within 500 m, across 6 categories, including 11 dining (nearest 120 m), 3 education (nearest 161 m), 4 healthcare (nearest 278 m).

Search radius
🍽️Dining11
🏫Education3
🏥Healthcare4
🛒Shopping1
🌳Parks4
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 11/2021CA$300k–350k
Sold price

Same street

Bottom 11%

Same area

Top 32%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 1026 Royse Avenue, Winnipeg

Property Overview: 1026 Royse Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home on Royse Avenue in Maybank presents a specific value proposition centered on its generous lot and established neighborhood. Its key characteristic is a land area of over 5,000 sqft, which is notably larger than most lots on its street and in the immediate area. This offers rare potential for outdoor space, gardening, or future expansion in a city setting. The house itself is compact at 882 sqft and is one of the older homes in the area, built in 1940. Its assessed value is modest, positioning it as an accessible entry point into the market.

The appeal lies in the balance between a smaller, manageable dwelling and a disproportionately large lot—a combination that is increasingly uncommon. It suits practical, value-conscious buyers such as first-time homeowners comfortable with a home that may require updates, or investors looking for a property with land value. It would also appeal to those seeking a lower-maintenance interior footprint without sacrificing outdoor private space, offering a blank canvas to gradually renovate or expand over time.

Section 2: Frequently Asked Questions

1. How does the home's size compare to others?
At 882 sqft, the living area is below the average for Maybank, the street, and Winnipeg overall. This indicates a cozy, efficient layout rather than a spacious one.

2. What does the assessed value tell us?
The assessed value of $31,800 is around the average for Maybank and citywide, but is below the average for Royse Avenue itself. This can sometimes suggest a more affordable tax base relative to the neighborhood.

3. Is the large lot a significant advantage?
Yes. The lot of 5,051 sqft ranks in the top 16% on Royse Avenue, meaning it's substantially larger than most neighbors' plots. This is the property's standout feature for privacy, outdoor use, or future development potential.

4. What should I consider about the age of the home?
Built in 1940, it is among the oldest in the area. Buyers should budget for potential updates to systems like wiring, plumbing, or insulation that are typical for homes of this era, while also appreciating the character and established lot maturity that come with it.

5. What is known about recent sale prices?
The property sold between $300,000 and $350,000 in 2021. For the exact sale price, you can request the information directly via email from the listing service.

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