Property score
44.2
Below average
Overall 44.2 · Smaller than most nearby homes
888 sqft (bottom 27%) · Built in 1954 (6 yrs older than avg)
Located in a above-average income area with median household income of ~70.5k
Transit 92.0 · 5-min walk to transit with 7 nearby routes · Within 500m: 1 school, 1 shop, 7 parks, and 1 place of worship nearby
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Near average
6 yrs older than neighborhood avg.
Mother tongue
English · 70%Punjabi · 3%
Past 10 years Maybank sales snapshot (~80% of all data)
345
325k
$326/sqft
1960
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44.2 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: #46110433
$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
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
16 Biscayne Bay — 10 amenities found within 500 m, across 4 categories, including 1 education (nearest 212 m), 1 shopping (nearest 471 m), 7 parks (nearest 53 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 45% | Bottom 22% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 16 Biscayne Bay, Winnipeg
Key Characteristics & Buyer Appeal
This home at 16 Biscayne Bay in Maybank is a study in contrasts, offering a unique value proposition for a specific buyer. Its key characteristic is its modest scale: at 888 sqft of living space on a 1,866 sqft lot, it is notably compact compared to most homes on its street, in Maybank, and across Winnipeg. This results in a very low municipal assessed value ($24,400), which is significantly below city averages.
The appeal lies in its efficiency and location. Built in 1954, it is the oldest home on Biscayne Bay, suggesting a well-established streetscape. For a buyer seeking an affordable entry into a stable neighbourhood without needing extensive space, this represents a low-barrier opportunity. It would suit a first-time homebuyer, an investor looking for a rental property, or someone seeking to downsize into a manageable, low-cost holding. The recent sale history (2022, CA$200k-250k) indicates a market price consistent with its compact nature.
A less obvious perspective is that its small lot and living area, while limiting for some, translate to minimal maintenance and lower utility costs. This isn't a property for sprawling or large families, but rather for pragmatic living focused on location over size.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value is based heavily on the home's physical attributes—specifically its below-average living area and very small lot size compared to typical Winnipeg homes. This results in a lower valuation than larger properties.
2. What does it mean that it's the "oldest" home on the street?
The data shows it was built in 1954, making it older than the average home on Biscayne Bay. This can suggest a classic, established character but also implies that the condition of major aging components (like roof, plumbing, wiring) should be a key focus during an inspection.
3. Who would this property not be suitable for?
It would likely not suit buyers who need multiple bedrooms, dedicated home office space, extensive storage, a large yard, or who entertain large groups frequently. The compact living and land area are its defining constraints.
4. The sold price from 2022 seems higher than the current assessed value. Why?
Municipal assessed value for tax purposes is not the same as market value. The 2022 sale price reflects what a buyer was willing to pay in the open market at that time, which can be influenced by factors like interior updates, market conditions, and buyer demand that are not fully captured in the tax assessment.
5. How can I get the exact historical sold price?
The exact sale price is not publicly displayed in detail due to data privacy practices. You can request the precise figure by emailing the provider through the form on the listing page; they provide this information manually without using your email for unsolicited marketing.
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