1044 Royse Avenue

Maybank, Winnipeg

Property score

73.9

Good

Overall 73.9 · Larger and newer than most nearby homes

1,403 sqft (top 7%) · 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

Above average

34% larger 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)

Sold Count

345

Median price

325k

$/sqft

$326/sqft

Avg build year

1960

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Property score

73.9 is composed by the two sections below.

Property Score

71.3Good
Living Area1,403 sqft75Good
Year Built2022100Excellent
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
1,403 sqft
0255075100
Same streetTop 38%Same areaTop 7%CitywideTop 35%
Same street · Royse Avenue
#17 / 45
Top 38% · Avg 1,166 sqft
Same area · Maybank
#65 / 920
Top 7% · Avg 1,043 sqft
Citywide · Winnipeg
#68,887 / 194,458
Top 35% · Avg 1,342 sqft

Tax-Assessed Value

Elite
537k
0255075100
Same streetTop 27%Same areaTop 3%CitywideTop 14%
Same street · Royse Avenue
#12 / 45
Top 27% · Avg 416.7k
Same area · Maybank
#26 / 920
Top 3% · Avg 334k
Citywide · Winnipeg
#27,856 / 194,458
Top 14% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetTop 18%Same areaTop 2%CitywideTop 1%

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

1044 Royse Avenue — 24 amenities found within 500 m, across 6 categories, including 11 dining (nearest 189 m), 3 education (nearest 151 m), 4 healthcare (nearest 287 m).

Search radius
🍽️Dining11
🏫Education3
🏥Healthcare4
🛒Shopping1
🌳Parks3
Worship2

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 11/2022CA$550k–600k
Sold price

Same street

Top 5%

Same area

Top 1%

City-wide

Top 8%

Related homes

Highlights & common questions: 1044 Royse Avenue, Winnipeg

Property Overview: 1044 Royse Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 1044 Royse Avenue in Maybank is a modern property, built in 2022, offering a move-in-ready opportunity with the benefits of a newer build. Its key appeal lies in its above-average size and perceived value within its immediate context. With 1,403 sqft of living space, it is notably larger than many comparable homes in both the Maybank neighbourhood and city-wide. Its assessed value ranks in the top tiers for the street, neighbourhood, and city, suggesting a strong valuation relative to peers.

The property suits buyers looking for a modern home without the wait of new construction, and who prioritize interior space over a large yard. The lot is more compact than average for the area, which may appeal to those seeking lower maintenance. It’s a practical choice for professionals, small families, or investors attracted to a newer asset in a well-established neighbourhood. A less obvious perspective is that its elite ranking for year built city-wide highlights its rarity as a very recent construction in a housing stock dominated by older homes, potentially offering longer-term peace of mind regarding major systems.

Section 2: Frequently Asked Questions

1. What exactly does the "Elite" or "Top %" ranking mean for this property?
These rankings compare this home against similar properties on its street, in Maybank, and across Winnipeg. For example, its 2022 build date places it in the top 1% of homes city-wide by newness, indicating it's significantly newer than most houses on the market.

2. The lot size is noted as "below average." How significant is this?
The land area is 2,525 sqft, which is smaller than typical lots in Maybank and Winnipeg. This means outdoor space is more limited, but it also translates to less yard work. The trade-off is a newer, larger interior on a more efficient lot.

3. What is the difference between the Assessed Value and the historical Sold Price?
The Assessed Value ($53.70k) is for municipal tax purposes. The home sold for an estimated $550k-$600k in 2022, its last sale. Market value is typically much higher than the tax assessment, which is based on a provincial formula.

4. How can I find out the exact past sale price?
The provider offers a manual service to share the precise sold price history. You can submit your email via the button on the listing; they commit to replying by the end of the same day without using your email for marketing.

5. The home is newer, but what about the character of the neighbourhood?
Maybank features primarily older homes (average build year ~1960). This property offers modern interiors within a mature neighbourhood, providing a blend of new-home amenities with established community roots and tree-lined streets.

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