Property score
65.2
Good
Overall 65.2 · Newer than most nearby homes
1,021 sqft (bottom 46%) · Built in 2017 (57 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, 4 schools, 4 healthcare facilitys, and 1 shop nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Above average
57 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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65.2 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
1055 Royse Avenue — 25 amenities found within 500 m, across 6 categories, including 11 dining (nearest 227 m), 4 education (nearest 202 m), 4 healthcare (nearest 341 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 | Bottom 16% | Top 32% | Bottom 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This home at 1055 Royse Avenue in Maybank presents a compelling mix of modern convenience and established neighbourhood character. Built in 2017, it is a notably newer construction compared to most homes in Winnipeg, offering contemporary building standards and minimal immediate maintenance concerns. With 1,021 sqft of living space, it provides comfortable room for a small family, couple, or individual, fitting squarely within the average for its immediate street and area.
The property’s primary appeal lies in its balance. While the lot size is more compact compared to city-wide averages, this often translates to lower yard maintenance. Its assessed value of $410k positions it as a strong, above-average value within the Maybank neighbourhood itself, suggesting a good investment relative to its immediate peers. This home would suit first-time buyers or downsizers seeking a modern, move-in-ready property without the premium of a brand-new build, or investors attracted by a newer asset in a stable area. A thoughtful perspective is that its newer age in an older neighbourhood offers modern efficiency while still providing the mature trees and established community feel that new subdivisions often lack.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is above average for the Maybank neighbourhood (ranking in the top 12%), indicating it is viewed as a relatively premium property on its local streets. City-wide, its value is around the median.
2. What are the potential drawbacks of a newer home on a smaller lot?
The land area is below average for both the area and the city. This means less private outdoor space and potentially less room for future expansions like large decks or additions compared to homes on larger lots.
3. Is the living space sufficient for a growing family?
At just over 1,000 sqft, it is adequate for a small family but below the city-wide average. Families needing multiple bedrooms, dedicated office space, or extensive storage may find it cozy and should consider their long-term space needs.
4. What does the sold price history indicate?
It last sold as a new build in 2017 for an estimated $300k-$350k. The current assessed value of $410k reflects market appreciation. For the exact historical sold price, you can request the information directly via the provided email service.
5. Why is the year built such a standout feature?
Built in 2017, this home is significantly newer than most in Winnipeg (ranking in the top 5% city-wide). This typically means newer major systems (roof, HVAC, windows), modern energy efficiency, and compliance with recent building codes, which can reduce near-term repair costs and utility bills.
