Property score
62.0
Fair
Overall 62.0 · Smaller but newer than most nearby homes
905 sqft (bottom 28%) · Built in 2022 (62 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, 3 schools, 4 healthcare facilitys, and 1 shop nearby
Living Area
Below average
13% smaller than neighborhood avg.
Year Built
Above average
62 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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62.0 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 Royse Avenue — 24 amenities found within 500 m, across 6 categories, including 11 dining (nearest 174 m), 3 education (nearest 150 m), 4 healthcare (nearest 284 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 37% | Top 5% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1040 Royse Avenue, Winnipeg
Key Characteristics & Appeal
This home at 1040 Royse Avenue in Maybank is a notably modern property, built in 2022. Its primary appeal lies in its new construction, which places it in the top 2% of homes in the neighbourhood for age and eliminates concerns about major near-term repairs or outdated systems. With 905 square feet of living space, it is a comfortably sized, low-maintenance home ideal for first-time buyers, downsizers, or investors seeking a modern rental property.
The data reveals a thoughtful perspective: while the lot size is smaller than most in Winnipeg, it is quite typical for Royse Avenue itself. This suggests the home fits the street's character and offers a manageable yard. Its assessed value is above average for Maybank, reflecting its new condition, yet it remains around average city-wide, indicating a fair market position. The home last sold in the $400k-$450k range in 2022. This property suits buyers prioritizing move-in readiness, modern efficiency, and a established community feel over a large lot or expansive square footage.
Frequently Asked Questions
1. What are the real advantages of a home built in 2022?
Beyond just being "new," a 2022 build means contemporary building codes, modern energy efficiency (leading to lower utility costs), and warranties that may still be in effect for major components, offering significant peace of mind.
2. The lot is noted as smaller than the city average. Is that a drawback?
It depends on your lifestyle. A smaller lot means less yard work and lower exterior maintenance costs, which can be a major benefit for busy professionals or those looking to downsize. The lot size is consistent with others on Royse Avenue, so it doesn't stand out negatively in the immediate streetscape.
3. How does the assessed value compare to the likely selling price?
The assessed value for municipal taxes ($39,200) is not a direct indicator of market value. The previous sale price range ($400k-$450k in 2022) is a more relevant benchmark, though current market conditions will determine the final price.
4. Who would this property not be ideal for?
It may not suit buyers looking for a large, traditional yard for gardening or recreation, or those needing extensive space for a growing family. The living area is below the neighbourhood average.
5. How can I get the exact historical sold price?
The provider offers a manual service to share the precise sold price. You can submit your email via the "Get exact sold price history" button on the listing page. They commit to replying by the end of the same day and state they will not use your email for unsolicited marketing.
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