1204 Waller Avenue

Maybank, Winnipeg

Property score

58.0

Fair

Overall 58.0 · Compared with neighbourhood average

984 sqft (bottom 39%) · Built in 1955 (5 yrs older than avg)

Located in a high-income area with median household income of ~92k

Transit 82.0 · 6-min walk to transit with 7 nearby routes · Within 500m: 1 dining spot, 1 school, 1 shop, and 8 parks nearby

Living Area

Below average

6% smaller than neighborhood avg.

Year Built

Near average

5 yrs older than neighborhood avg.

Mother tongue

English · 73%Chinese · 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

58.0 is composed by the two sections below.

Property Score

44.5Low
Living Area984 sqft42Low
Year Built195536Low
Lot Size5,105 sqft67Good
Neighbourhood Sales Activity42Low

Community Score

78.3Good
Household Income81Excellent
Education Level63Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health52Fair

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: #46110434

Community deep dive

$92K

Median household income

$101K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

18%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)467
Labour force participation rate62%
Median age46.0
Avg household size2.6
Unemployment rate13%
Population density1556 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households18%
Couple families with children32%
Median household income (2020)$92K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority13%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 73%
Mother tongue (2nd)Chinese · 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
984 sqft
0255075100
Same streetBottom 39%Same areaBottom 39%CitywideBottom 24%
Same street · Waller Avenue
#52 / 85
Bottom 39% · Avg 1,087 sqft
Same area · Maybank
#558 / 920
Bottom 39% · Avg 1,043 sqft
Citywide · Winnipeg
#147,274 / 194,458
Bottom 24% · Avg 1,342 sqft

Tax-Assessed Value

around average
354k
0255075100
Same streetBottom 34%Same areaTop 44%CitywideBottom 48%
Same street · Waller Avenue
#56 / 85
Bottom 34% · Avg 362.8k
Same area · Maybank
#409 / 920
Top 44% · Avg 334k
Citywide · Winnipeg
#101,844 / 194,458
Bottom 48% · Avg 390.1k

Year Built

around average
1955
0255075100
Same streetTop 42%Same areaTop 48%CitywideBottom 34%

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

1204 Waller Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 483 m), 1 education (nearest 76 m), 1 shopping (nearest 464 m).

Search radius
🍽️Dining1
🏫Education1
🛒Shopping1
🌳Parks8
Worship1

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 6/2021CA$300k–350k
Sold price

Same street

Top 33%

Same area

Top 27%

City-wide

Top 49%

Related homes

Highlights & common questions: 1204 Waller Avenue, Winnipeg

Property Overview & Key Characteristics

This 984 sqft bungalow at 1204 Waller Avenue, built in 1955, presents a straightforward opportunity in Winnipeg's Maybank neighbourhood. Its appeal lies in its solid, average positioning within the local market. The home sits on a 5,105 sqft lot, offering decent outdoor space that is typical for the street. With an assessed value of $35,400, it aligns closely with area norms, suggesting it is priced without significant premium or discount based on municipal valuation. The home last sold between $300k-$350k in 2021.

It would suit a first-time buyer or practical investor looking for an entry point into a stable, established area without the competition or price of a "hot" market. Its average metrics across the board indicate a property that is unlikely to surprise, for better or worse, making it a candidate for someone seeking simplicity and a manageable project rather than a standout gem or a deep-value fixer-upper. A thoughtful perspective is that its very "averageness" could be a strength, providing a stable foundation to personalize without the pressure of over-improving for the immediate area.


Frequently Asked Questions

1. How does this home compare to others on the street?
It is consistently around average for Waller Avenue in terms of living space, assessed value, and year built. Its lot size is slightly below the street's average.

2. What is the neighbourhood like?
Maybank is a mature, post-war residential area. The provided comparable properties on Rampart Bay and Marshall Crescent suggest a mix of well-maintained and potentially original-condition homes from the 1950s.

3. Why is the city-wide assessed value average so much higher?
The city-wide average of $390k includes a vast range of property types and newer neighbourhoods. This home's assessment is correctly compared to its specific peer group of similar properties, where it averages around $33k-$36k.

4. Can I get the exact historical sale price?
The public data shows a sale price range. The listing service offers to provide the exact sold price from their records via a manual email request, which they aim to fulfill by the end of the same business day.

5. What might be a less obvious consideration before viewing?
Given its 1955 construction, systems like plumbing, electrical, and the roof should be carefully evaluated for updates. Also, while the lot is a good size, its ranking suggests homes on the street have larger lots, so consider how the yard layout meets your needs.

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.