Property score
64.2
Fair
Overall 64.2 · Newer than most nearby homes
1,056 sqft (top 33%) · Built in 1992 (32 yrs newer than avg)
Located in a above-average income area with median household income of ~82k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 11 dining spots, 4 schools, 2 shops, and 5 parks nearby
Living Area
Near average
1% larger than neighborhood avg.
Year Built
Above average
32 yrs newer than neighborhood avg.
Mother tongue
English · 51%Punjabi · 8%
Past 10 years Maybank sales snapshot (~80% of all data)
345
325k
$326/sqft
1960
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64.2 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: #46110436
$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
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
1029 Clarence Avenue — 24 amenities found within 500 m, across 5 categories, including 11 dining (nearest 128 m), 4 education (nearest 390 m), 2 shopping (nearest 238 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 | Top 37% | Top 23% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
1029 Clarence Avenue is a well-maintained, 1,056 sqft bungalow built in 1992, situated in Winnipeg's Maybank neighbourhood. Its primary appeal lies in its modern construction relative to the area, offering a move-in-ready home that avoids the major maintenance concerns often associated with older properties. The home presents a practical, low-maintenance lifestyle on a manageable 3,277 sqft lot.
Key Characteristics & Ideal Buyer
This home stands out in its immediate area for being newer and having a higher assessed value than many of its neighbours, suggesting above-average quality and updates. While the living space is typical for the city, the lot size is notably smaller than area averages, which translates to less yard upkeep—a significant perk for some, but a limitation for others. Its strongest suit is its balanced positioning: it’s not the largest property, but it is a contemporary, solid-value home in a mature neighbourhood.
It would best suit first-time buyers, downsizers, or pragmatic investors seeking a modernized home without a premium price tag. It’s ideal for those who prioritize interior condition and efficient living space over extensive outdoor space. The property offers a sensible entry into a stable community without the surprises that can come with much older builds.
1. How does the smaller lot size impact the property?
While the yard is more compact than many in Winnipeg, it significantly reduces maintenance time and costs. This is often seen as a benefit for busy professionals or those looking to downsize, though it may not suit gardeners or families wanting extensive play space.
2. The home sold between $350k-$400k in 2022. What does its current $400k assessment suggest?
The assessed value aligning with the top end of its last sale price indicates the market and city assessors see its value as stable or appreciating slightly. It suggests the home was likely updated or well-cared for, and wasn't purchased as a "fixer-upper."
3. Being built in 1992, are there any major component concerns?
A home from this era is typically past the initial shakedown period of any original defects but is now entering the phase where major components like the roof, windows, or HVAC system may need evaluation or planned replacement. A thorough inspection is advised to budget for these lifecycle items.
4. What does it mean that its value ranks "above average" for the street but "around average" citywide?
This highlights the character of Maybank. You're acquiring a home that stands out positively on its own street, which can be good for pride of ownership and resale within the micro-market. The citywide average comparison simply reflects that you are looking at a solidly mid-market property overall, not an outlier.
5. Who should request the exact sold price history?
If you are seriously considering making an offer, obtaining the exact sale price from 2022 is crucial. It provides the clearest benchmark for what the market actually paid for this specific home, allowing for a more informed offer that accounts for market changes since then.
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