350 Marshall Bay

Maybank, Winnipeg

Property score

55.3

Fair

Overall 55.3 · Smaller but newer than most nearby homes

896 sqft (bottom 28%) · Built in 1959 (1 yr older than avg)

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

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 6 dining spots, 4 schools, 3 healthcare facilitys, and 5 parks nearby

Living Area

Below average

14% smaller than neighborhood avg.

Year Built

Above average

1 yrs older 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

55.3 is composed by the two sections below.

Property Score

43.1Low
Living Area896 sqft32Low
Year Built195943Low
Lot Size7,020 sqft88Excellent
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

below average
896 sqft
0255075100
Same streetBottom 2%Same areaBottom 28%CitywideBottom 16%
Same street · Marshall Bay
#121 / 124
Bottom 2% · Avg 1,111 sqft
Same area · Maybank
#666 / 920
Bottom 28% · Avg 1,043 sqft
Citywide · Winnipeg
#163,345 / 194,458
Bottom 16% · Avg 1,342 sqft

Tax-Assessed Value

around average
363k
0255075100
Same streetBottom 47%Same areaTop 36%CitywideTop 49%
Same street · Marshall Bay
#66 / 124
Bottom 47% · Avg 368.9k
Same area · Maybank
#335 / 920
Top 36% · Avg 334k
Citywide · Winnipeg
#95,830 / 194,458
Top 49% · Avg 390.1k

Year Built

above average
1959
0255075100
Same streetTop 23%Same areaTop 23%CitywideBottom 40%

Lot Size

above average
7,020 sqft
0255075100
Same streetTop 27%Same areaTop 11%CitywideTop 17%

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

350 Marshall Bay — 21 amenities found within 500 m, across 5 categories, including 6 dining (nearest 417 m), 4 education (nearest 332 m), 3 healthcare (nearest 461 m).

Search radius
🍽️Dining6
🏫Education4
🏥Healthcare3
🌳Parks5
Worship3

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 11/2017CA$300k–350k
Sold price

Same street

Bottom 34%

Same area

Top 40%

City-wide

Bottom 40%

Related homes

Highlights & common questions: 350 Marshall Bay, Winnipeg

Property Overview: 350 Marshall Bay, Winnipeg

Key Characteristics & Appeal

This home presents a distinct value proposition centered on land and location rather than interior size. Built in 1959, its 896 sqft living area is notably compact, ranking in the bottom tier for size both on its street and in the wider Maybank area. However, this is balanced by a generous 7,020 sqft lot that is well above average for the city, offering significant outdoor space and potential. The assessed value is consistently around the median benchmark, suggesting a stable, fair-market valuation.

The primary appeal lies in this land-to-structure ratio. It suits a specific buyer: someone looking to enter a mature neighbourhood like Maybank who values a large, private yard over a large house, and who may see potential in the existing footprint or the possibility of future expansion. It’s a practical choice for downsizers, first-time buyers comfortable with a cozy layout, or investors attracted to the lot value. A less obvious perspective is that a smaller home on a large lot can offer lower utility costs and less maintenance for the interior space, allowing owners to focus their resources and energy on outdoor living or garden projects.


Frequently Asked Questions

1. Why is the living area considered below average?
The home’s 896 sqft footprint is notably smaller than most comparable properties. On Marshall Bay itself, it ranks in the bottom 2% for size, meaning nearly all neighbouring homes have more interior space.

2. What is the advantage of the lot size?
The 7,020 sqft land area is a key asset, ranking in the top 17% citywide. This is significantly larger than the Winnipeg average lot, providing ample room for gardening, recreation, additions, or future redevelopment.

3. How does the assessed value compare?
The assessed value of $36,300 is consistently around the middle range—or average—when compared to homes on the same street, in Maybank, and across Winnipeg. This indicates the property is valued in line with market norms for its key attributes.

4. What can the sale history tell me?
The home sold between $300k-$350k in 2017. For the exact sale price, you can request details via email from the listing service, which provides this data manually.

5. Is the year built a concern?
Built in 1959, the home is older than many in the city but is actually above average for its immediate area. This suggests the neighbourhood is well-established, and the home may share construction characteristics with nearby properties. A thorough inspection is always recommended for homes of this age.

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