257 Marshall Bay

Maybank, Winnipeg

Property score

61.8

Fair

Overall 61.8 · Newer than most nearby homes

1,024 sqft (bottom 47%) · Built in 1960

Located in a high-income area with median household income of ~94k

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 2 schools, 3 parks, and 2 place of worships nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 68%Punjabi · 4%

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

Sold Count

345

Median price

325k

$/sqft

$326/sqft

Avg build year

1960

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Property score

61.8 is composed by the two sections below.

Property Score

54.0Fair
Living Area1,024 sqft52Fair
Year Built196043Low
Lot Size6,192 sqft81Excellent
Neighbourhood Sales Activity42Low

Community Score

73.6Good
Household Income82Excellent
Education Level54Fair
Housing Stress74Good
Core Housing Need76Good
Employment Health68Good

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: #46111022

Community deep dive

$94K

Median household income

$96K

Average household income

11%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

23%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)395
Labour force participation rate67%
Median age38.8
Avg household size2.6
Unemployment rate8%
Population density253 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households23%
Couple families with children30%
Median household income (2020)$94K

Housing

Renter households23%
Condominium dwellings0%
Median dwelling value (owners)$332K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority37%
Bachelor's or higher (25–64)26%
Mother tongue (1st)English · 68%
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
1,024 sqft
0255075100
Same streetBottom 27%Same areaBottom 47%CitywideBottom 29%
Same street · Marshall Bay
#91 / 124
Bottom 27% · Avg 1,111 sqft
Same area · Maybank
#487 / 920
Bottom 47% · Avg 1,043 sqft
Citywide · Winnipeg
#138,972 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
337k
0255075100
Same streetBottom 10%Same areaBottom 46%CitywideBottom 42%
Same street · Marshall Bay
#111 / 124
Bottom 10% · Avg 368.9k
Same area · Maybank
#501 / 920
Bottom 46% · Avg 334k
Citywide · Winnipeg
#113,671 / 194,458
Bottom 42% · Avg 390.1k

Year Built

above average
1960
0255075100
Same streetTop 17%Same areaTop 20%CitywideBottom 42%

Lot Size

above average
6,192 sqft
0255075100
Same streetBottom 46%Same areaTop 23%CitywideTop 27%

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

257 Marshall Bay — 7 amenities found within 500 m, across 3 categories, including 2 education (nearest 457 m), 3 parks (nearest 156 m).

Search radius
🏫Education2
🌳Parks3
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 10/2019CA$250k–300k
Sold price

Same street

Bottom 14%

Same area

Bottom 49%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 257 Marshall Bay, Winnipeg

Property Overview: 257 Marshall Bay, Winnipeg

Key Characteristics & Appeal

This home at 257 Marshall Bay in the Maybank neighbourhood is a practical, mid-century property built in 1960. Its key appeal lies in its efficient scale and relative value within its immediate area. With 1,024 sqft of living space, it is notably smaller than the average home on Marshall Bay itself, positioning it as a more manageable option. The lot size of 6,192 sqft is comfortably above the city-wide average, offering good outdoor space for its footprint. A standout characteristic is its assessed value, which is significantly below the street average, suggesting a potentially lower property tax burden and an entry point into the area.

The property would suit first-time buyers or downsizers seeking a home in a mature neighbourhood without the premium price tag of larger houses on the same street. Its above-average land area for the city also offers latent potential for buyers with a long-term view, who might value the possibility of expansion or landscaping more than immediate square footage.


Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
Its assessed value is in the top 90% on its own street, meaning it is lower than about 90% of comparable homes on Marshall Bay. This indicates it is one of the more affordable properties on the block, though its size is also correspondingly smaller.

2. Is the home newer or older than others nearby?
Built in 1960, it is actually newer than many homes on its street and in the Maybank area, ranking in the top 20% locally. This is a less obvious advantage, suggesting potentially updated infrastructure compared to immediate peers.

3. What can the sold price history tell me?
Public records show it last sold between CA$250k–300k in 2019. For the exact sale price, you can request details via email from the listing service, which they provide manually.

4. How does the lot size compare?
The lot is above average for Winnipeg overall but closer to the average for Marshall Bay. This means you get a decent-sized yard relative to most city homes, aligning with the street’s character.

5. Where can I see more detailed context for this property?
A neighbourhood analysis page is available, showing the home on a map alongside nearby houses with comparisons for year built, living area, assessed value, and lot size.

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