1035 Royse Avenue

Maybank, Winnipeg

Property score

61.6

Fair

Overall 61.6 · Smaller but newer than most nearby homes

909 sqft (bottom 28%) · 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

Below average

13% smaller 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

61.6 is composed by the two sections below.

Property Score

50.9Fair
Living Area909 sqft42Low
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

around average
909 sqft
0255075100
Same streetBottom 33%Same areaBottom 28%CitywideBottom 17%
Same street · Royse Avenue
#30 / 45
Bottom 33% · Avg 1,166 sqft
Same area · Maybank
#658 / 920
Bottom 28% · Avg 1,043 sqft
Citywide · Winnipeg
#161,088 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
455k
0255075100
Same streetTop 33%Same areaTop 6%CitywideTop 28%
Same street · Royse Avenue
#15 / 45
Top 33% · Avg 416.7k
Same area · Maybank
#58 / 920
Top 6% · Avg 334k
Citywide · Winnipeg
#53,483 / 194,458
Top 28% · 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

1035 Royse Avenue — 25 amenities found within 500 m, across 6 categories, including 11 dining (nearest 160 m), 2 education (nearest 203 m), 4 healthcare (nearest 328 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 7/2023CA$450k–500k
Sold price

Same street

Top 32%

Same area

Top 4%

City-wide

Top 18%
Sold 1/2021CA$400k–450k
Sold price

Same street

Top 42%

Same area

Top 7%

City-wide

Top 31%
Sold 5/2020CA$350k–400k
Sold price

Same street

Top 47%

Same area

Top 11%

City-wide

Top 35%

Related homes

Highlights & common questions: 1035 Royse Avenue, Winnipeg

Property Overview: 1035 Royse Avenue, Winnipeg

Key Characteristics & Appeal

This well-situated home in Maybank presents a compelling mix of modern convenience and solid value. Its primary appeal lies in being a relatively new construction (built in 2020) within an established neighbourhood, offering move-in readiness with less immediate concern for major repairs or updates. The 909 sqft living space is efficiently sized, ranking above average for the city, and is complemented by a manageable 2,525 sqft lot.

The data reveals a thoughtful perspective: this property consistently performs above average for its assessed value within both the immediate Maybank area and city-wide, suggesting it is viewed as a strong asset relative to its peers. However, its lot size is notably smaller than most in Winnipeg, indicating a trade-off for lower maintenance. This combination makes it ideal for first-time homebuyers, downsizers, or investors seeking a modern, low-maintenance property with a proven value trajectory in a convenient location. It suits those who prioritize a newer home and interior space over a large yard.

Frequently Asked Questions

1. How does this home’s value compare to others in the area?
The assessed value ranks in the top 6% for the Maybank neighbourhood and the top 28% city-wide, meaning it is considered a higher-value property compared to most homes in its peer group.

2. Is the house unusually small?
Not at all. While the lot is compact, the 909 sqft living area is actually above the city-wide average for comparable homes and is efficiently designed for modern living.

3. What does the sale history indicate?
The property has sold three times since 2020, each time at a higher price range, demonstrating consistent appreciation in a relatively short period.

4. Are there any drawbacks to the smaller lot size?
The yard is significantly smaller than the typical Winnipeg lot. This means less outdoor maintenance and private space, but could be a limitation for those wanting extensive gardening, play areas, or future expansions.

5. Why is the year built such a standout feature?
Built in 2020, it ranks in the elite top 3% for age both in Maybank and across Winnipeg. This is a major advantage, as it places the home well within warranty periods for major components and ensures modern building standards and energy efficiency.

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