73.9
Good
Property score
73.9
Good
Overall 73.9
Larger and newer than most nearby homes
1,435 sqft (top 6%)
Built in 2024 (64 yrs newer 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: 13 dining spots, 4 schools, 3 healthcare facilitys, and 1 shop nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
38% larger than neighborhood avg.
Year Built
Above average
64 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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73.9 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
1032 Clarence Avenue — 27 amenities found within 500 m, across 6 categories, including 13 dining (nearest 120 m), 4 education (nearest 339 m), 3 healthcare (nearest 451 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 4% | Top 2% | Top 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1032 Clarence Avenue, Winnipeg
Key Characteristics & Appeal
This is a notably modern home in Winnipeg's Maybank neighbourhood, built in 2024. Its primary appeal lies in its new construction status, offering move-in readiness with contemporary building standards and minimal immediate maintenance. The 1,435 sqft living area is spacious compared to most homes on its street and in Maybank, placing it in the top tier locally for size.
The property presents a specific value proposition: you are acquiring a significantly above-average home on a below-average lot. The assessed value ranks in the elite tier for the area, reflecting the premium for a new build. This setup suits buyers who prioritize modern interior space and low upkeep over a large yard. It’s ideal for professionals, small families, or downsizers seeking a new, turnkey property without venturing to the outer suburbs, and who are comfortable with a more efficient land footprint typical of newer infill developments.
Frequently Asked Questions
1. Why is the assessed value so much lower than the recent sale price?
The assessed value is for municipal tax purposes and often lags behind market value, especially for a brand-new home. The sale price reflects current market demand for a modern property.
2. What does having a smaller lot mean in practice?
The land area is compact compared to older homes in the area. This typically means less exterior maintenance but also limited space for extensive gardening, large outdoor entertaining, or future expansions like a major addition or pool.
3. Is this part of a new infill development?
Given its 2024 build date on a street with older comparable homes, it is likely a single infill property or part of a small-scale redevelopment, replacing an older home on a subdivided lot.
4. How does the property rank so highly for value and size but low for land area?
The rankings measure different things. It scores highly because the building itself is new and large relative to its neighbours. It ranks lower for land because the lot is smaller than the typical, older properties surrounding it.
5. What are the likely ongoing costs?
As a new build, major repair costs should be minimal in the short term. Property taxes will be based on the higher sale price upon reassessment. You may also have newer homeowner obligations, like sod and tree establishment, if the landscaping is recent.
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