1033 Royse Avenue

Maybank, Winnipeg

Property score

73.5

Good

Overall 73.5 · Larger and newer than most nearby homes

1,420 sqft (top 6%) · Built in 2020 (60 yrs newer than avg)

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

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

Living Area

Above average

36% larger than neighborhood avg.

Year Built

Above average

60 yrs newer 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

73.5 is composed by the two sections below.

Property Score

70.7Good
Living Area1,420 sqft75Good
Year Built202097Excellent
Lot Size2,525 sqft28Low
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

above average
1,420 sqft
0255075100
Same streetTop 27%Same areaTop 6%CitywideTop 35%
Same street · Royse Avenue
#12 / 45
Top 27% · Avg 1,166 sqft
Same area · Maybank
#59 / 920
Top 6% · Avg 1,043 sqft
Citywide · Winnipeg
#67,258 / 194,458
Top 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
447k
0255075100
Same streetTop 36%Same areaTop 7%CitywideTop 29%
Same street · Royse Avenue
#16 / 45
Top 36% · Avg 416.7k
Same area · Maybank
#64 / 920
Top 7% · Avg 334k
Citywide · Winnipeg
#56,208 / 194,458
Top 29% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 33%Same areaTop 3%CitywideTop 3%

Lot Size

around average
2,525 sqft
0255075100
Same streetBottom 36%Same areaBottom 17%CitywideBottom 5%

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 Royse Avenue — 25 amenities found within 500 m, across 6 categories, including 11 dining (nearest 154 m), 2 education (nearest 204 m), 4 healthcare (nearest 327 m).

Search radius
🍽️Dining11
🏫Education2
🏥Healthcare4
🛒Shopping1
🌳Parks4
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 8/2020CA$350k–400k
Sold price

Same street

Bottom 32%

Same area

Top 14%

City-wide

Top 38%

Related homes

Highlights & common questions: 1033 Royse Avenue, Winnipeg

Property Overview

This home at 1033 Royse Avenue in Winnipeg's Maybank neighbourhood presents a compelling mix of modern convenience and established community. Built in 2020, it is a notably newer construction compared to most homes in the area and city-wide. With 1,420 sqft of living space, it offers above-average roominess for both its immediate street and the Maybank neighbourhood. The lot size of 2,525 sqft is more compact than many in Winnipeg, suggesting easier maintenance. Its appeal lies in this balance: it's a modern, move-in-ready home within a mature neighbourhood, offering the benefits of new construction (like contemporary building standards and likely lower immediate maintenance) without being in a brand-new subdivision. It would suit first-time buyers or downsizers seeking a modern, low-maintenance property, as well as pragmatic buyers who value newer infrastructure but prefer the character and established greenery of an older community.

Key Details & FAQs

Key Characteristics & Appeal

  • A Modern Home in an Established Area: Built just six years ago (2020), this property is a standout for its age. It ranks in the top 3% for year built both in Maybank and across Winnipeg, meaning you get a contemporary home while most neighbours live in houses built decades earlier. This often translates to modern layouts, energy efficiency, and minimal near-term repair concerns.
  • Above-Average Living Space: The 1,420 sqft floor plan is spacious for the area, placing it in the top 6% of homes in Maybank. This provides more room than the typical neighbourhood home, which averages about 1,043 sqft.
  • Efficient, Manageable Lot: The land area is smaller than the Winnipeg average. This is a key point of perspective: while some may see it as less yard space, it appeals to those seeking reduced outdoor upkeep, making it a practical choice for busy professionals or those looking to minimize gardening and lawn care.
  • Who It Suits: This property is ideal for buyers prioritizing a modern, turn-key home without sacrificing the stability of an established neighbourhood. It's excellent for those who want space inside the house but prefer a more manageable outdoor area. It may also attract value-conscious buyers who understand that newer homes in older areas can offer a unique blend of contemporary comfort and mature community appeal.

Frequently Asked Questions

1. How does the property's value compare to the area?
The home's assessed value is above average for the Maybank neighbourhood and ranks well city-wide. This reflects its newer construction and larger-than-average living area for the immediate area.

2. What does the "Elite" ranking for Year Built mean?
This indicates the home's 2020 build date is newer than approximately 97% of comparable properties in both Maybank and across Winnipeg. It's a significant data point highlighting the home's modern status.

3. Is the lot size a disadvantage?
It depends on your lifestyle. The lot is smaller than the typical Winnipeg property, which means less yard for extensive gardening or large outdoor structures. However, this also means significantly less maintenance, lower water costs, and less time spent on yard work—a clear advantage for many.

4. What is the neighbourhood like?
Maybank is an established Winnipeg neighbourhood. The presence of many older homes suggests mature trees and a settled community feel. The fact that this is a newer build on the street is somewhat unique.

5. How can I find out the exact historical sale price?
The provided sold price is a public data range. To obtain the precise sale price from its last transaction, you can submit your email via the provided request form. The service promises to reply with the accurate figure manually, without using your email for unsolicited marketing.

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