1165 Waller Avenue

Maybank, Winnipeg

Property score

54.9

Fair

Overall 54.9 · Older than most nearby homes

1,047 sqft (top 36%) · Built in 1931 (29 yrs older than avg)

Located in a above-average income area with median household income of ~70.5k

Transit 82.0 · 6-min walk to transit with 7 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 shop, and 7 parks nearby

Living Area

Near average

0% larger than neighborhood avg.

Year Built

Below average

29 yrs older than neighborhood avg.

Mother tongue

English · 70%Punjabi · 3%

Past 10 years Maybank sales snapshot (~80% of all data)

Sold Count

345

Median price

325k

$/sqft

$326/sqft

Avg build year

1960

Need help understanding this property?

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

Property score

54.9 is composed by the two sections below.

Property Score

47.7Low
Living Area1,047 sqft52Fair
Year Built193122Low
Lot Size5,105 sqft67Good
Neighbourhood Sales Activity42Low

Community Score

65.6Good
Household Income72Good
Education Level54Fair
Housing Stress42Low
Core Housing Need63Fair
Employment Health83Excellent

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: #46110433

Community deep dive

$71K

Median household income

$74K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

25%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)613
Labour force participation rate77%
Median age34.0
Avg household size2.6
Unemployment rate12%
Population density3405 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households25%
Couple families with children25%
Median household income (2020)$71K

Housing

Renter households44%
Condominium dwellings0%
Median dwelling value (owners)$230K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority34%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Punjabi · 3%

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

Rankings

Living Area

around average
1,047 sqft
0255075100
Same streetBottom 48%Same areaTop 36%CitywideBottom 33%
Same street · Waller Avenue
#44 / 85
Bottom 48% · Avg 1,087 sqft
Same area · Maybank
#331 / 920
Top 36% · Avg 1,043 sqft
Citywide · Winnipeg
#130,585 / 194,458
Bottom 33% · Avg 1,342 sqft

Tax-Assessed Value

around average
274k
0255075100
Same streetBottom 2%Same areaBottom 30%CitywideBottom 23%
Same street · Waller Avenue
#83 / 85
Bottom 2% · Avg 362.8k
Same area · Maybank
#644 / 920
Bottom 30% · Avg 334k
Citywide · Winnipeg
#150,265 / 194,458
Bottom 23% · Avg 390.1k

Year Built

below average
1931
0255075100
Same streetBottom 8%Same areaBottom 5%CitywideBottom 18%

Lot Size

around average
5,105 sqft
0255075100
Same streetBottom 27%Same areaBottom 49%CitywideBottom 48%

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

1165 Waller Avenue — 13 amenities found within 500 m, across 5 categories, including 1 dining (nearest 414 m), 2 education (nearest 159 m), 1 shopping (nearest 386 m).

Search radius
🍽️Dining1
🏫Education2
🛒Shopping1
🌳Parks7
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 4/2021CA$300k–350k
Sold price

Same street

Top 41%

Same area

Top 32%

City-wide

Bottom 47%
Sold 4/2017CA$200k–250k
Sold price

Same street

Bottom 4%

Same area

Bottom 28%

City-wide

Bottom 18%

Related homes

Highlights & common questions: 1165 Waller Avenue, Winnipeg

Property Overview: 1165 Waller Avenue, Winnipeg

Key Characteristics & Appeal

This is a modest, well-situated home in Maybank, built in 1931. With just over 1,000 square feet of living space on a 5,105 sqft lot, its proportions are practical and manageable. The data reveals a compelling contrast: while its living area is squarely average for the city and neighbourhood, its assessed value is notably low, ranking in the bottom quarter locally and city-wide. This suggests a property that may offer significant value relative to its potential, possibly due to its older vintage or as an opportunity for updates. It last sold in the $300k-$350k range in 2021.

Its appeal lies in its positioning as an efficient, no-frills footprint in a mature neighbourhood. It suits a first-time buyer, an investor, or a downsizer looking for a solid foundation without a premium price tag. The lot size provides good outdoor space relative to the home's footprint, a plus for gardeners or those seeking room to expand in the future. It represents a pragmatic choice for someone comfortable with a home of this era, who sees potential in its established location and favourable lot-to-house ratio.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
Assessed value for tax purposes doesn't equate directly to market value. This lower assessment often reflects the home's age (1931) and potentially its condition or smaller size compared to newer builds. It can result in relatively lower property taxes, which is a financial positive for the owner.

2. What does the sale history indicate about the property's market?
The home sold in the $300k-$350k range in 2021, a significant increase from its $200k-$250k sale in 2017. This shows strong appreciation over that period and indicates active market interest in well-priced homes in the area.

3. How does this home compare to others on the same street?
It's one of the older homes on Waller Avenue (ranking 78th out of 85 by year built) and has a lower assessed value than most neighbours. However, its living area is close to the street average. This means you're getting similar interior space at a value-oriented entry point on the block.

4. Is the lot size a good feature?
Yes. At over 5,000 sqft, the lot is a strong asset. It's larger than many city lots and provides ample yard space, which is less common with newer infill properties. This offers privacy, recreation space, and future potential.

5. What should I consider given the home's age?
Built in 1931, the home will likely have the character and construction quality of its era, but also the associated needs. A thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the foundation, and to budget for any necessary updates or maintenance.

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.