Property score
61.9
Fair
Overall 61.9 · Older than most nearby homes
1,038 sqft (top 37%) · Built in 1945 (15 yrs older than avg)
Located in a above-average income area with median household income of ~73k
Transit 100.0 · 1-min walk to transit with 5 nearby routes · Within 500m: 11 dining spots, 2 schools, 3 healthcare facilitys, and 1 shop nearby
Living Area
Near average
0% smaller than neighborhood avg.
Year Built
Below average
15 yrs older than neighborhood avg.
Mother tongue
English · 58%Punjabi · 5%
Past 10 years Maybank sales snapshot (~80% of all data)
345
325k
$326/sqft
1960
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61.9 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: #46110435
$73K
Median household income
$92K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.4
P90 / P10 ratio
22%
Single-person households
19%
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
391 Hudson Street — 23 amenities found within 500 m, across 6 categories, including 11 dining (nearest 297 m), 2 education (nearest 303 m), 3 healthcare (nearest 442 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 | Bottom 1% | Bottom 39% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 391 Hudson Street in Winnipeg's Maybank neighbourhood presents a distinct value proposition centered on its land. Built in 1945, the 1,038 sqft house is modest, with an assessed value significantly below area averages. Its primary asset is the 7,358 sqft lot, which is notably larger than most in the wider city and neighbourhood. Recent sales data indicates it sold in the $250k-$300k range in 2024.
Section 1: Key Characteristics & Appeal
The appeal of this property lies in a clear trade-off: it offers a substantial lot in a mature neighbourhood, but the house itself is older and valued well below local norms. Its key characteristics include a very low property assessment, a lot size in the top 10% for Maybank, and a living area that is roughly average for the street.
This home would best suit a specific type of buyer. It’s a prime candidate for someone looking for a long-term land play—whether for future expansion, gardening, or the simple premium of space. It could also appeal to an investor or handy homeowner willing to update an older home, as the low assessed value suggests significant potential to increase the property’s worth through renovations. It is less suited for buyers seeking a modern, turn-key home without renovation plans.
A thoughtful perspective is that the below-average assessment, while reflecting the home’s current state, may also represent a relative property tax advantage. Furthermore, the large lot in an established area offers a sense of privacy and space that is increasingly rare, providing a canvas for the buyer’s own vision rather than a finished product.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessment is based primarily on the property’s state and market value at a point in time. Given the home’s age (1945) and its below-average ranking for value on its own street, the assessment likely reflects the condition and features of the dwelling itself, not the land value.
2. What does the large lot size mean for me?
The lot of over 7,300 sqft is a significant asset. It provides ample outdoor space, potential for additions like a garage or workshop, and more privacy than smaller, newer lots. It’s a key feature that may not be apparent from the street but offers long-term flexibility.
3. Who would this property not be a good fit for?
It may not suit buyers who want a move-in-ready home without any projects, or those who prioritize a modern layout and high-end finishes immediately. The data suggests this is a property with potential that requires a vision and likely some investment.
4. The sold price seems higher than the assessed value. Is that normal?
Yes, this is common. The assessed value for taxation purposes often lags behind the actual market value, especially in a rising market or when a property has unique features (like a large lot) that buyers are willing to pay a premium for.
5. What are the main considerations for a home built in 1945?
Prospective buyers should budget for and investigate the condition of major aging components, such as the roof, plumbing, electrical systems, and insulation. An inspection is crucial. However, homes of this era often feature solid construction and character not found in newer builds.
