54.0
Fair
Property score
54.0
Fair
Overall 54.0
Compared with neighbourhood average
1,032 sqft (top 39%)
Built in 1954 (6 yrs older than avg)
Located in a above-average income area
with median household income of ~70.5k
Transit 82.0
5-min walk to transit with 7 nearby routes
Within 500m: 1 school, 1 shop, 7 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
1% 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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54.0 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
22 Biscayne Bay — 10 amenities found within 500 m, across 4 categories, including 1 education (nearest 194 m), 1 shopping (nearest 471 m), 7 parks (nearest 43 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 | Top 24% | Bottom 33% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
22 Biscayne Bay is a well-maintained 1,032 sqft bungalow built in 1954, situated on a 3,137 sqft lot in Winnipeg's Maybank neighbourhood. Its appeal lies in its strong standing within its immediate, established street and area. While its size and lot are modest by broader city standards, the home ranks in the top 3% for living area and top 2% for year built among the 60 homes on Biscayne Bay itself, indicating it is one of the larger and more mature properties on this specific street. The assessed value of approximately $26,900 is above average for the bay, suggesting it is in good condition relative to its direct peers.
This home would suit a first-time buyer or downsizer looking for a manageable, character home in a settled community. It’s particularly suited for someone who values being among the larger, more established homes on their specific block rather than seeking a maximum-sized lot or modern floor plan. The recent sale history (between $200k-$250k in 2023) points to a practical entry point into the market.
Key Questions & Considerations
1. Why is the assessed value so much lower than the recent sale price?
This is typical. Municipal assessed values for tax purposes often lag behind and use a different methodology than the open market, so the sale price is the true indicator of current market value.
2. How does the lot size compare?
The lot is average for Biscayne Bay but below average for both the wider Maybank area and the city. This means smaller outdoor space but likely less maintenance, fitting the profile of a manageable property.
3. What does its high ranking on the street actually mean?
It means that compared to its closest neighbours, this home is one of the largest (top 3%) and oldest (top 2%). This can imply a sense of established character and potentially more interior space than other options right on the same bay.
4. Are the nearby similar-value properties good comparables?
The listed properties with similar assessed values include several condo units, which are not direct comparables for a detached house. For a true market comparison, focus on the "Nearby properties" on Biscayne Bay and the provided "For reference" sold listing on Rampart Bay.
5. How can I get the exact past sale price?
As noted, the exact sold price is provided upon request via email to the listing service. The public range of $200k-$250k (2023) provides a solid benchmark for your initial evaluation.
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