Property score
73.9
Good
Overall 73.9 · Larger and newer than most nearby homes
1,413 sqft (top 7%) · Built in 2024 (64 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
35% larger than neighborhood avg.
Year Built
Above average
64 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
73.9 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
1046 Royse Avenue — 24 amenities found within 500 m, across 6 categories, including 11 dining (nearest 196 m), 3 education (nearest 151 m), 4 healthcare (nearest 289 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 5% | Top 1% | Top 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1046 Royse Avenue, Winnipeg
Key Characteristics & Appeal
This home at 1046 Royse Avenue in Maybank is a notably modern property, built in 2024, which immediately sets it apart. Its key appeal lies in offering a move-in-ready, contemporary living space without the typical wait or uncertainties of a new build. With 1,413 sqft of living area, it provides above-average space for its immediate street and neighbourhood, ranking in the top 29% on Royse Avenue and the top 7% in Maybank.
The data reveals a compelling contrast: while the lot size is more modest compared to area averages, the home itself is a standout in terms of newness, size, and assessed value. Its assessed value of $54.60k ranks in the elite top 2% for Maybank, suggesting official recognition of its superior construction and finish relative to older homes in the area. This property would perfectly suit a buyer prioritizing modern efficiency, low maintenance, and modern building standards over a large yard. It’s an ideal fit for professionals, small families, or downsizers seeking a newer home in an established neighbourhood without undertaking renovations.
Frequently Asked Questions
1. How does the lot size impact the property?
The land area is 2,525 sqft, which is smaller than many lots in Winnipeg. This means lower exterior maintenance and potentially lower property taxes tied to land value, but it also means more limited private outdoor space compared to older homes in the area.
2. Why is the assessed value ($54.60k) so different from the sold price range ($550k-$600k)?
The assessed value is for municipal tax purposes and is not a market valuation. It is calculated using a provincial formula and is typically a fraction of a home's market value. The sold price reflects what a buyer was willing to pay in the open market.
3. What does its "elite" ranking for Year Built mean practically?
Being built in 2024 places it in the top 1-2% of homes city-wide for newness. Practically, this likely means modern building codes, energy efficiency, contemporary layouts, and warranties that may still be in effect, with little to no immediate need for major updates.
4. The sold price seems high for the area. Is it overvalued?
The 2024 sale price reflects a premium for a brand-new home. Its rankings show it is significantly larger and newer than most comparable homes in Maybank. The price paid was likely for the certainty and cost savings of a new build without the construction timeline, not just the location.
5. How can I find out the exact sold price?
The exact sold price is not public record in Manitoba. As noted on the detail page, you can request it directly via email from the site; they provide this verified data manually as a service and do not use the contact for unsolicited marketing.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
