343 Marshall Bay

Maybank, Winnipeg

Property score

62.6

Fair

Overall 62.6 · Newer than most nearby homes

1,025 sqft (bottom 47%) · Built in 1961 (1 yr newer than avg)

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

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 10 dining spots, 4 schools, 4 healthcare facilitys, and 3 parks nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Above average

1 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

62.6 is composed by the two sections below.

Property Score

55.2Fair
Living Area1,025 sqft52Fair
Year Built196146Low
Lot Size6,523 sqft85Excellent
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
1,025 sqft
0255075100
Same streetBottom 27%Same areaBottom 47%CitywideBottom 29%
Same street · Marshall Bay
#90 / 124
Bottom 27% · Avg 1,111 sqft
Same area · Maybank
#486 / 920
Bottom 47% · Avg 1,043 sqft
Citywide · Winnipeg
#138,839 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
349k
0255075100
Same streetBottom 19%Same areaTop 48%CitywideBottom 46%
Same street · Marshall Bay
#100 / 124
Bottom 19% · Avg 368.9k
Same area · Maybank
#445 / 920
Top 48% · Avg 334k
Citywide · Winnipeg
#105,277 / 194,458
Bottom 46% · Avg 390.1k

Year Built

above average
1961
0255075100
Same streetTop 8%Same areaTop 18%CitywideBottom 43%

Lot Size

above average
6,523 sqft
0255075100
Same streetTop 42%Same areaTop 18%CitywideTop 22%

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

343 Marshall Bay — 23 amenities found within 500 m, across 5 categories, including 10 dining (nearest 354 m), 4 education (nearest 273 m), 4 healthcare (nearest 399 m).

Search radius
🍽️Dining10
🏫Education4
🏥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 11/2019CA$250k–300k
Sold price

Same street

Bottom 6%

Same area

Bottom 45%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 343 Marshall Bay, Winnipeg

Property Overview & Key Characteristics

This home at 343 Marshall Bay in Winnipeg's Maybank neighbourhood presents a specific value proposition. Built in 1961, it is notably newer than many homes on its street and in the immediate area, which is a distinct advantage for maintenance and potential updates. With 1,025 sqft of living space, it is modestly sized, sitting below the average for the street but close to the average for Maybank. The lot, however, is a significant asset at over 6,500 sqft, offering ample outdoor space that is well above the city-wide average.

Its appeal lies in this combination of a relatively newer vintage for the area and a generous, private lot, all at an assessed value that is positioned below average for the street. This suggests a potential entry point into a stable neighbourhood. It would suit first-time buyers or downsizers looking for a manageable footprint without sacrificing yard space, or an investor seeking a property with solid land value. The 2019 sale price indicates a history in the $250k-$300k range, which should be considered alongside current market conditions.

Frequently Asked Questions

1. How does the home’s size compare to the neighbourhood?
At 1,025 sqft, the living area is slightly below the average for Marshall Bay but is very close to the typical size for homes in the broader Maybank neighbourhood.

2. What is the significance of the 1961 build year?
This is a key feature. The home is newer than most on its street (ranking in the top 8%) and in Maybank, which can imply newer building materials, electrical systems, and layout efficiencies compared to older area homes.

3. Is the lot size typical?
No, it’s larger than typical. The lot of 6,523 sqft is substantially above the Winnipeg city average, offering more private outdoor space than many properties, which is a valuable and less replaceable asset.

4. What does the assessed value tell me?
The assessed value of $34,900 is below the average for Marshall Bay. This can indicate a potentially lower property tax base, but it’s crucial to evaluate this against the current market sale price, which is influenced by many other factors.

5. How can I find out the exact past sale prices?
The provider notes that exact sold price history is not publicly displayed. They offer to provide this information manually via email upon request, with a stated aim to reply by the end of the same business day.

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