Property score
53.2
Fair
Overall 53.2 · Smaller than most nearby homes
896 sqft (bottom 28%) · Built in 1954 (6 yrs older than avg)
Located in a high-income area with median household income of ~94k
Transit 92.0 · 3-min walk to transit with 7 nearby routes · Within 500m: 8 dining spots, 4 schools, 3 healthcare facilitys, and 5 parks nearby
Living Area
Below average
14% smaller than neighborhood avg.
Year Built
Near average
6 yrs older than neighborhood avg.
Mother tongue
English · 68%Punjabi · 4%
Past 10 years Maybank sales snapshot (~80% of all data)
345
325k
$326/sqft
1960
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53.2 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: #46111022
$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
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
362 Marshall Bay — 23 amenities found within 500 m, across 5 categories, including 8 dining (nearest 427 m), 4 education (nearest 343 m), 3 healthcare (nearest 478 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 40% | Top 26% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 362 Marshall Bay, Winnipeg
Key Characteristics & Buyer Profile
This home at 362 Marshall Bay in the Maybank neighbourhood is a compact, mid-century property built in 1954. Its key characteristic is its modest scale: with 896 sqft of living space, it is notably smaller than most homes on its street and in the wider area. The lot size of 5,851 sqft is also below the street average but is fairly typical when compared citywide. The property’s assessed value is positioned around the middle range for Winnipeg, suggesting a relatively affordable entry point into the market.
The appeal lies in its efficiency and potential. It represents a classic, no-frills Winnipeg home suited for a first-time buyer, downsizer, or investor looking for a manageable property without a premium for excess space. Its below-average size on a street of larger homes could be seen as an opportunity to secure a location at a lower cost basis. The recent sale in the $300k-$350k range aligns with its practical profile. This property would best suit a hands-on buyer comfortable with a home of vintage character, or someone prioritizing location and lot over square footage, who views the compact living area as a simpler, more cost-effective lifestyle choice rather than a drawback.
Frequently Asked Questions
1. Is the living area too small?
At 896 sqft, the home is significantly smaller than the average on Marshall Bay (~1,111 sqft). It requires efficient use of space and would not suit those needing multiple large bedrooms or extensive living areas. However, for a small household, it offers a manageable and cost-effective footprint.
2. How does the assessed value compare to the recent sale price?
The assessed value is approximately $34,600, while the home sold for an estimated $300,000-$350,000 in 2024. This large discrepancy is normal; municipal assessed value for taxation purposes is rarely an indicator of current market value.
3. What does the lot size mean for potential expansion or outdoor space?
The 5,851 sqft lot is below the street average but provides a decent outdoor area for a city lot. While not the largest on the block, it offers room for a garden, patio, and potential future additions, subject to zoning and permit approvals.
4. Are older homes like this a concern?
Built in 1954, the home’s major systems (roof, plumbing, electrical, foundation) are likely original or aged. A thorough inspection is essential to understand the condition and anticipate potential maintenance or upgrade costs, which should be factored into the budget.
5. How can I get the exact historical sale price?
The exact sold price is not publicly listed. As noted on the detail page, you can request this information directly via email from the service, which provides the accurate figure manually without using your email for marketing.
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