Property score
59.0
Fair
Overall 59.0 · Smaller but newer than most nearby homes
870 sqft (bottom 13%) · Built in 2001 (41 yrs newer 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: 13 dining spots, 3 schools, 3 healthcare facilitys, and 1 shop nearby
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Above average
41 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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59.0 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
1042 Clarence Avenue — 27 amenities found within 500 m, across 6 categories, including 13 dining (nearest 160 m), 3 education (nearest 328 m), 3 healthcare (nearest 448 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 22% | Top 14% | Top 40% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 44% | Top 35% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1042 Clarence Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling mix of modern convenience and established neighbourhood character. Built in 2001, it is notably newer than most homes on its street and in the wider Maybank area, suggesting updated building systems and less immediate need for major renovations. With 870 sqft of living space, it is a compact and efficient layout, well-suited for individuals, couples, or small families seeking manageable upkeep.
The primary appeal lies in its strong assessed value of $410k, which ranks well above average for both the immediate area and the neighbourhood. This indicates a property that holds its value robustly in its market context. The lot, while smaller than some comparables at 4,040 sqft, offers a low-maintenance yard. This property would ideally suit first-time buyers or downsizers looking for a modern, move-in-ready home in a mature neighbourhood without the premium often attached to brand-new constructions. It’s a practical choice for those who prioritize financial prudence and newer infrastructure over maximizing square footage.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 870 sqft, the home is cozier than the average house in Winnipeg. However, its efficient 2001 build likely offers a modern, open floor plan that maximizes usable space, making it feel larger than the number suggests. It’s ideal for those who value easier cleaning and lower utility costs.
2. Why is the assessed value so high relative to the home's size?
The above-average assessment ($410k) reflects the premium for a newer construction (2001) in an area of mostly older homes. Assessors value the modern components (roof, wiring, plumbing) that reduce near-term repair costs for the owner, solidifying the property's investment stability.
3. What does the sold price history tell us?
The home sold between $350k-$400k in 2022. This sale in a higher interest rate environment, close to the current assessed value, suggests a stable market perception and may indicate a realistic current valuation, not an inflated one.
4. How does the smaller lot size impact the property?
The 4,040 sqft lot is below average in size, which means less yard maintenance—a benefit for busy professionals or those not seeking extensive gardening. It does, however, limit potential for large additions or sprawling outdoor living spaces.
5. Who are the typical neighbours?
The nearby comparable properties range from older, post-war homes to other newer builds like a 2015 construction a few doors down. This mix suggests a neighbourhood in a gradual state of renewal, appealing to those comfortable with a blend of established and updated streetscapes.
