1049 Manahan Avenue

Maybank, Winnipeg

Property score

45.8

Below average

Overall 45.8 · Smaller and older than most nearby homes

723 sqft (bottom 5%) · Built in 1946 (14 yrs older than avg)

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

Transit 94.0 · 2-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

31% smaller than neighborhood avg.

Year Built

Below average

14 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

45.8 is composed by the two sections below.

Property Score

34.9Low
Living Area723 sqft22Low
Year Built194630Low
Lot Size7,774 sqft91Excellent
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

below average
723 sqft
0255075100
Same streetBottom 12%Same areaBottom 5%CitywideBottom 5%
Same street · Manahan Avenue
#15 / 17
Bottom 12% · Avg 931 sqft
Same area · Maybank
#876 / 920
Bottom 5% · Avg 1,043 sqft
Citywide · Winnipeg
#184,586 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

around average
313k
0255075100
Same streetBottom 41%Same areaBottom 39%CitywideBottom 33%
Same street · Manahan Avenue
#10 / 17
Bottom 41% · Avg 336.9k
Same area · Maybank
#563 / 920
Bottom 39% · Avg 334k
Citywide · Winnipeg
#129,931 / 194,458
Bottom 33% · Avg 390.1k

Year Built

around average
1946
0255075100
Same streetBottom 47%Same areaBottom 11%CitywideBottom 23%

Lot Size

above average
7,774 sqft
0255075100
Same streetTop 12%Same areaTop 6%CitywideTop 12%

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

1049 Manahan Avenue — 20 amenities found within 500 m, across 5 categories, including 8 dining (nearest 268 m), 3 education (nearest 109 m), 5 healthcare (nearest 259 m).

Search radius
🍽️Dining8
🏫Education3
🏥Healthcare5
🌳Parks2
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 8/2023CA$300k–350k
Sold price

Same street

Top 14%

Same area

Top 40%

City-wide

Bottom 40%

Related homes

Highlights & common questions: 1049 Manahan Avenue, Winnipeg

Property Summary: 1049 Manahan Avenue

Section 1: Key Characteristics & Appeal

This home is defined by a notable contrast: its living space is compact at 723 sqft, ranking below average for the area, but it sits on a generously sized lot of 7,774 sqft, which is well above average for the street, neighbourhood, and city. Built in 1946, its age is typical for the immediate street but older than many homes in the wider Maybank area. The assessed value is consistently around the average mark across all comparison levels.

The primary appeal lies in its land. The large lot presents a significant opportunity for expansion, gardening, or outdoor living—a relative rarity, especially within the city. This makes it ideal for a buyer with a vision, such as a first-time purchaser or renovator looking to add square footage over time, or someone who prioritizes private outdoor space over a large interior. It would also suit an investor considering future redevelopment potential, given the lot size. The home itself appears to be a modest, no-frills entry point into the market, where the value is anchored in the property's footprint rather than its current structure.

Section 2: Frequently Asked Questions

1. Is the house too small for a family?
While the current living area is below average, the large lot is the key feature. For a family willing to renovate or build an addition in the future, the property offers a foundation that many similarly priced homes do not.

2. What does the "below average" ranking for living area mean?
The ranking is a comparison. In this case, it indicates that most homes on Manahan Avenue, in Maybank, and across Winnipeg are larger. It confirms this is a cozier home, highlighting that the appeal is not in its interior size but in its land-to-building ratio.

3. How reliable is the sold price range shown?
The listed range is based on public data. For the exact sale price from 2023, you must request it directly via the provided email service, which is manually verified.

4. The home is older than many in Maybank. Should I be concerned?
The 1946 build date is typical for its specific street. Any concerns would be standard for a home of this age and would be addressed through a thorough inspection, focusing on systems like wiring, plumbing, and the foundation.

5. Why is the assessed value so much lower than the recent sale price?
Municipal assessed value for tax purposes often lags behind market value and is calculated differently. The recent sale price is a clearer reflection of current market conditions and the value buyers place on the large lot.

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