38 Belair Road

Maybank, Winnipeg

Property score

62.2

Fair

Overall 62.2 · 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 dining spots, 3 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

62.2 is composed by the two sections below.

Property Score

54.6Fair
Living Area1,024 sqft52Fair
Year Built196043Low
Lot Size6,598 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
1,024 sqft
0255075100
Same streetBottom 33%Same areaBottom 47%CitywideBottom 29%
Same street · Belair Road
#10 / 15
Bottom 33% · Avg 1,152 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
355k
0255075100
Same streetBottom 7%Same areaTop 44%CitywideBottom 48%
Same street · Belair Road
#14 / 15
Bottom 7% · Avg 385.9k
Same area · Maybank
#404 / 920
Top 44% · Avg 334k
Citywide · Winnipeg
#101,160 / 194,458
Bottom 48% · Avg 390.1k

Year Built

above average
1960
0255075100
Same streetTop 7%Same areaTop 20%CitywideBottom 42%

Lot Size

above average
6,598 sqft
0255075100
Same streetTop 33%Same areaTop 16%CitywideTop 21%

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

38 Belair Road — 10 amenities found within 500 m, across 4 categories, including 2 dining (nearest 468 m), 3 education (nearest 418 m), 3 parks (nearest 81 m).

Search radius
🍽️Dining2
🏫Education3
🌳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 11/2016CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Top 46%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 38 Belair Road, Winnipeg

Property Overview: 38 Belair Road, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a practical opportunity in Winnipeg’s Maybank neighbourhood. Built in 1960, it is one of the newer homes on its street, which can suggest more modern construction standards for its era. The 1,024 sqft living space is modest but aligns closely with the city-wide average for comparable homes. A standout feature is the 6,598 sqft lot, which is notably larger than the typical Winnipeg property, offering valuable outdoor space and potential.

The appeal lies in its grounded metrics and the value of the land itself. With an assessed value that is below average for its immediate street but around average for the wider city, it may represent a more accessible entry point into a stable area. This property would suit a first-time buyer or a practical downsizer looking for a manageable home with a generous yard, without the premium often attached to newer builds. It’s a home for those who prioritize space and potential over immediate turn-key perfection, appealing to a buyer comfortable with a property that offers a solid foundation rather than standout luxury.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to likely market value?
The assessed value is a figure for municipal taxation. While it can indicate a general range, market value is determined by current sale prices. The last known sale was between $250k-$300k in 2016, so consulting a local realtor for a current market analysis is essential.

2. What does the lot size mean for me?
At over 6,500 sqft, the lot is significantly larger than the Winnipeg average. This provides ample room for gardening, recreation, additions like a shed or deck, and simply more privacy than smaller lots offer.

3. The home is noted as "newer" on the street. What are the implications?
Being built in 1960 makes it one of the most recent constructions on Belair Road. This can be positive, potentially meaning updates to building codes and materials for that period, but any home of this age will still require a thorough inspection for its major systems like roof, wiring, and plumbing.

4. Who provides the exact historical sold price?
The exact sold price history is not publicly displayed in detail. The listing service offers to provide this information manually via email upon request, at no cost and without marketing spam.

5. How does the living space feel for a family?
At just over 1,000 sqft, the floor plan is compact. It would comfortably suit a small family, a couple, or an individual. The generous lot size can effectively extend the living space outdoors during warmer months, which is a key compensating feature.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.