1033 Kelsey Avenue

Maybank, Winnipeg

Property score

48.5

Below average

Overall 48.5 · Smaller and older than most nearby homes

707 sqft (bottom 3%) · Built in 1949 (11 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

32% smaller than neighborhood avg.

Year Built

Below average

11 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

48.5 is composed by the two sections below.

Property Score

30.3Low
Living Area707 sqft22Low
Year Built194930Low
Lot Size4,725 sqft60Fair
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

below average
707 sqft
0255075100
Same streetBottom 4%Same areaBottom 3%CitywideBottom 4%
Same street · Kelsey Avenue
#22 / 23
Bottom 4% · Avg 1,047 sqft
Same area · Maybank
#892 / 920
Bottom 3% · Avg 1,043 sqft
Citywide · Winnipeg
#186,422 / 194,458
Bottom 4% · Avg 1,342 sqft

Tax-Assessed Value

below average
255k
0255075100
Same streetBottom 13%Same areaBottom 22%CitywideBottom 18%
Same street · Kelsey Avenue
#20 / 23
Bottom 13% · Avg 337.7k
Same area · Maybank
#713 / 920
Bottom 22% · Avg 334k
Citywide · Winnipeg
#158,837 / 194,458
Bottom 18% · Avg 390.1k

Year Built

around average
1949
0255075100
Same streetBottom 39%Same areaBottom 14%CitywideBottom 27%

Lot Size

around average
4,725 sqft
0255075100
Same streetBottom 43%Same areaBottom 38%CitywideBottom 38%

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

1033 Kelsey Avenue — 25 amenities found within 500 m, across 6 categories, including 10 dining (nearest 226 m), 3 education (nearest 254 m), 2 shopping (nearest 295 m).

Search radius
🍽️Dining10
🏫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 1/2024CA$200k–250k
Sold price

Same street

Bottom 43%

Same area

Bottom 32%

City-wide

Bottom 20%
Sold 6/2019CA$200k–250k
Sold price

Same street

Bottom 14%

Same area

Bottom 10%

City-wide

Bottom 11%

Related homes

Highlights & common questions: 1033 Kelsey Avenue, Winnipeg

Property Overview: 1033 Kelsey Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 1033 Kelsey Avenue in Maybank is a practical, no-frills property built in 1949. Its key characteristic is its modest scale, with a living area of 707 sqft that is notably smaller than most comparable homes in the area and city-wide. It sits on a roughly average-sized lot for the neighbourhood, just under 5,000 sqft. The assessed value is significantly below average, reflecting its size and vintage.

The appeal lies squarely in value and opportunity. It represents one of the more accessible price points in its market, ideal for a first-time buyer, an investor, or someone seeking a lower-cost entry into homeownership with land. The lot size offers potential for future expansion or outdoor space that the current house footprint does not. It would suit a buyer comfortable with a home that may require updates, who prioritizes financial feasibility and location over move-in-ready size and finish, and who sees potential in a property where the value is anchored more in the land than the existing structure.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based primarily on the property's characteristics. This home's below-average living area and older age result in a lower assessment compared to the typical, larger, and often newer homes across Winnipeg.

2. What does the sold price history indicate?
The property sold twice in recent years (2019 and 2024) within the same general price range. This suggests a stable, entry-level market value for this specific home, relatively unaffected by broader market swings that impact higher-priced properties.

3. Is the small living area a major drawback?
It depends on your needs. For a single person, couple, or investor, it can be efficient and cost-effective. For a growing family, it would likely feel cramped. The data shows it is significantly smaller than most peers, so viewing the layout in person is essential.

4. How does the lot size compare, and why does it matter?
The lot is average for Maybank but smaller than the city-wide average. In this context, it's a relative strength for the property, offering a decent outdoor-to-indoor space ratio and possible redevelopment options that a tiny lot would not.

5. The home is older—what should I be most concerned about?
Built in 1949, major systems like plumbing, electrical, and the foundation should be a primary focus for inspection. Its age is typical for the immediate street but older than many homes in the broader neighbourhood and city, so potential maintenance costs should be factored into your budget.

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