303 Marshall Bay

Maybank, Winnipeg

Property score

74.8

Good

Overall 74.8 · Larger and newer than most nearby homes

1,648 sqft (top 2%) · Built in 1962 (2 yrs newer than avg)

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

Transit 82.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 4 dining spots, 3 schools, 4 healthcare facilitys, and 3 parks nearby

Living Area

Above average

58% larger than neighborhood avg.

Year Built

Above average

2 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

74.8 is composed by the two sections below.

Property Score

75.6Good
Living Area1,648 sqft83Excellent
Year Built196246Low
Lot Size10,618 sqft97Excellent
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

Elite
1,648 sqft
0255075100
Same streetTop 2%Same areaTop 2%CitywideTop 23%
Same street · Marshall Bay
#3 / 124
Top 2% · Avg 1,111 sqft
Same area · Maybank
#21 / 920
Top 2% · Avg 1,043 sqft
Citywide · Winnipeg
#44,866 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

Elite
476k
0255075100
Same streetTop 2%Same areaTop 4%CitywideTop 24%
Same street · Marshall Bay
#2 / 124
Top 2% · Avg 368.9k
Same area · Maybank
#36 / 920
Top 4% · Avg 334k
Citywide · Winnipeg
#46,289 / 194,458
Top 24% · Avg 390.1k

Year Built

above average
1962
0255075100
Same streetTop 6%Same areaTop 17%CitywideBottom 44%

Lot Size

Elite
10,618 sqft
0255075100
Same streetTop 6%Same areaTop 1%CitywideTop 5%

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

303 Marshall Bay — 16 amenities found within 500 m, across 5 categories, including 4 dining (nearest 378 m), 3 education (nearest 320 m), 4 healthcare (nearest 435 m).

Search radius
🍽️Dining4
🏫Education3
🏥Healthcare4
🌳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 8/2021CA$400k–450k
Sold price

Same street

Top 6%

Same area

Top 5%

City-wide

Top 25%

Related homes

Highlights & common questions: 303 Marshall Bay, Winnipeg

Property Overview: 303 Marshall Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This home on Marshall Bay stands out for its substantial size and generous lot. With 1,648 sqft of living space, it ranks in the top 2% of homes on its street and in the Maybank area, offering significantly more room than local averages. The property’s true distinction, however, is its 10,618 sqft lot, which places it in the elite top 1% for land area in Maybank and the top 5% citywide. This combination of a spacious, well-sized home on a large, private parcel is its defining feature.

The appeal lies in this rare balance of interior volume and expansive outdoor potential. It suits buyers looking for established character in a sought-after area, who value space for gardens, recreation, or future additions more than a brand-new build. The 1962 construction suggests a solid, classic home, likely with renovation potential. It’s an ideal fit for families seeking room to grow, or for those who prioritize lot size and see the existing structure as a canvas for customization.

Section 2: Frequently Asked Questions

1. How does the assessed value relate to the likely market price?
The home’s assessed value is $47,600, which is a municipal calculation for tax purposes and is not an indicator of market value. The last known sale was in the $400k-$450k range in 2021. Current market price would be determined by recent comparable sales, condition, and market trends.

2. What does the "elite" ranking for lot size actually mean?
It means this property’s lot is larger than 99% of comparable properties in the Maybank area. In practical terms, you are getting an unusually large, suburban-style yard for the neighbourhood, which is a significant and permanent advantage.

3. The home was built in 1962. What should I consider?
While the structure is older, it ranks as "above average" in age for its immediate area, meaning many neighbouring homes are of a similar vintage. This suggests a mature, established streetscape. Buyers should budget for a thorough inspection to understand the condition of major systems (roof, plumbing, electrical, foundation) common to homes of this era, while also appreciating the potential for well-developed landscaping and mature trees.

4. The living area is large for the street, but average citywide. How should I interpret this?
This highlights the property’s local appeal. In the context of Maybank and Marshall Bay, this home offers more interior space than most, making it a standout in its immediate market. The citywide average includes a vast mix of home types and ages; here, the key advantage is outperforming the local competition.

5. How can I get the exact historical sold prices?
The provided sale price ranges are based on public data. The listing service offers to provide the exact sold prices via a manual email request. They state they will respond by the end of the same day and will not use the email for unsolicited marketing.

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