Property score
44.2
Below average
Overall 44.2 · Smaller than most nearby homes
888 sqft (bottom 27%) · Built in 1954 (6 yrs older than avg)
Located in a above-average income area with median household income of ~70.5k
Transit 92.0 · 4-min walk to transit with 7 nearby routes · Within 500m: 1 school, 1 shop, 7 parks, and 2 place of worships nearby
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Near average
6 yrs older than neighborhood avg.
Mother tongue
English · 70%Punjabi · 3%
Past 10 years Maybank sales snapshot (~80% of all data)
345
325k
$326/sqft
1960
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44.2 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: #46110433
$71K
Median household income
$74K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
25%
Single-person households
25%
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
4 Biscayne Bay — 11 amenities found within 500 m, across 4 categories, including 1 education (nearest 250 m), 1 shopping (nearest 474 m), 7 parks (nearest 83 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 27% | Bottom 33% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 4 Biscayne Bay, Winnipeg
Key Characteristics & Buyer Appeal
This home at 4 Biscayne Bay in Maybank is a study in contrasts, offering a unique value proposition. Built in 1954, it is notably one of the oldest homes on its street, which may appeal to those appreciating established character and mature neighbourhoods. With 888 sqft of living space, it is a compact and manageable bungalow, sitting below the average size for both the immediate area and the wider city. Its most defining feature is its assessed value of $22,800, which is significantly below average for Winnipeg, indicating very low property taxes—a major, ongoing financial benefit.
The appeal lies in its affordability and efficiency. It suits first-time buyers, downsizers, or investors seeking a low-cost entry into the Winnipeg market with minimal tax overhead. The lot size, while modest compared to city averages, is typical for the street. A thoughtful perspective is that this property represents a "value-over-space" trade-off; it prioritizes financial efficiency and location within Maybank over square footage. Buyers should be prepared for a home that may require updates, given its age, but offers the budgetary freedom to renovate gradually.
Frequently Asked Questions
1. What does the "below average" assessed value mean for me?
It primarily means your annual property taxes will be substantially lower than on a typically assessed home. This is a key long-term saving, but it's also an indicator that the municipal assessment is low relative to the market, which is common for older, smaller homes.
2. Is the living space too small?
At 888 sqft, it is certainly compact. It would best suit individuals, couples, or small families comfortable with efficient living. The nearby reference property at 88 Rampart Bay (1,032 sqft) suggests slightly larger layouts exist in the area, providing a useful comparison for space expectations.
3. As one of the oldest houses on the street, should I be concerned?
Its 1954 build date means systems like plumbing, electrical, and the roof may be at or beyond their typical lifespan. A thorough inspection is essential. The upside is that the neighbourhood itself is well-established with mature infrastructure and landscaping.
4. How does the last sold price range (2021: $200k-$250k) relate to today's value?
That historical range is a benchmark from four years ago. Current value will be influenced by market changes, any improvements made since, and its unique tax advantage. It’s a starting point for research, not a current appraisal.
5. Who would this property NOT suit?
It likely wouldn't suit buyers looking for a move-in-ready, modern open-concept layout without renovation work. It's also less ideal for those who need multiple bedrooms, dedicated home office space, or who place a premium on having a large private yard.
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