1048 Manahan Avenue

Maybank, Winnipeg

Property score

51.5

Fair

Overall 51.5 · Compared with neighbourhood average

932 sqft (bottom 32%) · Built in 1954 (6 yrs older than avg)

Located in a average-income area with median household income of ~48.4k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 8 dining spots, 3 schools, 5 healthcare facilitys, and 2 parks nearby

Living Area

Below average

11% smaller than neighborhood avg.

Year Built

Near average

6 yrs older than neighborhood avg.

Mother tongue

English · 32%Punjabi · 14%

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

51.5 is composed by the two sections below.

Property Score

44.5Low
Living Area932 sqft42Low
Year Built195436Low
Lot Size5,328 sqft67Good
Neighbourhood Sales Activity42Low

Community Score

62.1Fair
Household Income53Fair
Education Level100Excellent
Housing Stress30Low
Core Housing Need50Fair
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: #46111134

Community deep dive

$48K

Median household income

$49K

Average household income

31%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

36%

Single-person households

19%

Families with children

Population, labour & age

Population (2021)1,553
Labour force participation rate73%
Median age26.6
Avg household size2.3
Unemployment rate11%
Population density4086 / km²

Households & income

Low income (LIM-AT, % pop.)31%
Single-person households36%
Couple families with children19%
Median household income (2020)$48K

Housing

Renter households94%
Condominium dwellings3%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority79%
Bachelor's or higher (25–64)62%
Mother tongue (1st)English · 31%
Mother tongue (2nd)Punjabi · 14%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
932 sqft
0255075100
Same streetTop 47%Same areaBottom 32%CitywideBottom 19%
Same street · Manahan Avenue
#8 / 17
Top 47% · Avg 931 sqft
Same area · Maybank
#628 / 920
Bottom 32% · Avg 1,043 sqft
Citywide · Winnipeg
#156,876 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

around average
347k
0255075100
Same streetTop 41%Same areaTop 49%CitywideBottom 45%
Same street · Manahan Avenue
#7 / 17
Top 41% · Avg 336.9k
Same area · Maybank
#450 / 920
Top 49% · Avg 334k
Citywide · Winnipeg
#106,636 / 194,458
Bottom 45% · Avg 390.1k

Year Built

around average
1954
0255075100
Same streetTop 35%Same areaBottom 45%CitywideBottom 33%

Lot Size

around average
5,328 sqft
0255075100
Same streetTop 47%Same areaTop 44%CitywideTop 47%

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

1048 Manahan Avenue — 21 amenities found within 500 m, across 5 categories, including 8 dining (nearest 274 m), 3 education (nearest 77 m), 5 healthcare (nearest 239 m).

Search radius
🍽️Dining8
🏫Education3
🏥Healthcare5
🌳Parks2
Worship3

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 11/2019CA$250k–300k
Sold price

Same street

Top 29%

Same area

Bottom 49%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 1048 Manahan Avenue, Winnipeg

Property Overview: 1048 Manahan Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home on Manahan Avenue in the Maybank neighbourhood presents a grounded, mid-century property built in 1954. With 932 sqft of living space on a 5,328 sqft lot, its metrics are consistently "around average" when compared to its immediate street, the wider Maybank area, and the city as a whole. This isn't a standout in size or assessed value, but rather a stable and typical offering for its locale.

The appeal lies in its predictability and established setting. It suits a practical buyer—perhaps a first-time homeowner, a downsizer, or an investor—who values a straightforward property without extreme peaks or valleys in its profile. The lot size is a notable positive, offering decent outdoor space that is above the citywide average for similarly valued homes. Its last known sale was between 2016 and 2019, suggesting a longer-term owner, which can sometimes indicate a well-maintained home. This is a property for someone seeking a comfortable entry into a mature neighbourhood without the premium price tag of a top-tier or newly renovated home, and who may see potential in the solid lot size.

Section 2: Frequently Asked Questions

1. What does "around average" in all the rankings really mean for a buyer?
It means the property is very typical for its area. You're not overpaying for an exceptionally large lot or modern home, nor are you getting a deal on an unusually small or undervalued one. It suggests a stable, predictable investment that should align closely with neighbourhood norms.

2. How does the lot size compare to newer homes?
At over 5,300 sqft, the lot is actually more generous than many modern infill properties. This is a less obvious advantage, offering more outdoor space and potential (like gardening, expansion, or simply more distance from neighbours) than you might find in a newer subdivision for a similar price.

3. The home was built in 1954. What should I be mindful of?
While the rankings show its age is typical for the city, a home from this era may have original plumbing, electrical, or insulation. A thorough inspection is crucial to understand if major systems have been updated or if there are upcoming maintenance considerations common to houses of this vintage.

4. Why is the exact sold price from 2019 not publicly listed?
The precise sale price is often held in proprietary databases. The provided range is based on public data, and the listing service offers to provide the exact figure manually via email to ensure accuracy and compliance with data-sharing rules, not as a marketing gimmick.

5. The assessed value is notably lower than the citywide average home value. Does that indicate a problem?
No. The assessed value is for municipal tax purposes and is best compared to similar homes. This property's assessment is consistently average against its direct peers on the street and in Maybank. The citywide average is skewed higher by much newer and larger homes in different market segments. For this neighbourhood and home type, the assessment is in line with expectations.

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