Property score
50.0
Fair
Overall 50.0 · Smaller than most nearby homes
720 sqft (bottom 5%) · Built in 1954 (6 yrs older 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: 11 dining spots, 4 schools, 2 shops, and 4 parks nearby
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Near average
6 yrs older 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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50.0 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
1040 Howard Avenue — 22 amenities found within 500 m, across 5 categories, including 11 dining (nearest 118 m), 4 education (nearest 351 m), 2 shopping (nearest 243 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 44% | Top 47% | Bottom 36% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 6% | Bottom 24% | Bottom 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1040 Howard Avenue, Winnipeg
Key Characteristics & Appeal
This is a modest, mid-century bungalow in Maybank, built in 1954. With 720 sqft of living space on a roughly 4,700 sqft lot, it sits around or slightly below the average for its immediate street and neighbourhood in terms of size and age. Its most defining characteristic is its assessed value, which is notably low—it ranks at the very bottom on Howard Avenue and below average in wider comparisons. This resulted in recent sale prices that were competitive, with the 2024 sale in the $250k-$300k range performing well against city-wide averages.
The primary appeal lies in its value proposition and lot potential. It represents an entry point into the market with a manageable footprint and a standard residential lot. The home suits first-time buyers or practical investors looking for a lower-cost holding with redevelopment potential down the line. Its straightforward, no-frills nature also appeals to those seeking a functional starter home without the premium of a modern renovation, viewing it as a canvas for future updates. A thoughtful perspective is that its below-average assessment, while reflecting the home's condition, could present a long-term tax advantage relative to neighbouring properties.
Frequently Asked Questions
1. Why is the assessed value so much lower than other homes?
Assessed value is primarily based on the property's market value for tax purposes. This home's low assessment consistently ranks below area averages, likely reflecting its older construction, modest size, and condition compared to updated or larger homes nearby.
2. What does the "Top %" ranking mean for the 2024 sale price?
The 2024 sale price ranking in the "Top 64%" city-wide means it performed better than 64% of comparable sales, indicating it was a competitively priced transaction in the broader Winnipeg market at that time.
3. Is the lot size suitable for an addition or redevelopment?
The lot is approximately 4,724 sqft, which is around the neighbourhood average. This is generally sufficient for a potential addition or future redevelopment, subject to City of Winnipeg zoning bylums and permitting.
4. How does this home compare to the ones listed as "Worth viewing" or "For reference"?
The comparison properties (e.g., 1016 Clarence Ave) are provided as neighbourhood benchmarks. They typically have more recent build years, larger living areas, and higher assessed values, illustrating what is available at different price points in Maybank.
5. How can I get the exact historical sold price?
The exact sale prices are not publicly displayed in detail. You can request them via email through the provided form on the listing page. The service commits to providing the accurate figure manually, without using your email for unsolicited marketing.
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