42 Biscayne Bay

Maybank, Winnipeg

Property score

54.7

Fair

Overall 54.7 · Compared with neighbourhood average

1,032 sqft (top 39%) · Built in 1954 (6 yrs older than avg)

Located in a above-average income area with median household income of ~70.5k

Transit 82.0 · 6-min walk to transit with 7 nearby routes · Within 500m: 1 school, 7 parks, and 1 place of worship nearby

Living Area

Near average

1% 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)

Sold Count

345

Median price

325k

$/sqft

$326/sqft

Avg build year

1960

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Property score

54.7 is composed by the two sections below.

Property Score

47.4Low
Living Area1,032 sqft52Fair
Year Built195436Low
Lot Size3,674 sqft46Low
Neighbourhood Sales Activity42Low

Community Score

65.6Good
Household Income72Good
Education Level54Fair
Housing Stress42Low
Core Housing Need63Fair
Employment Health83Excellent

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: #46110433

Community deep dive

$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

Population, labour & age

Population (2021)613
Labour force participation rate77%
Median age34.0
Avg household size2.6
Unemployment rate12%
Population density3405 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households25%
Couple families with children25%
Median household income (2020)$71K

Housing

Renter households44%
Condominium dwellings0%
Median dwelling value (owners)$230K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority34%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 69%
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

Elite
1,032 sqft
0255075100
Same streetTop 3%Same areaTop 39%CitywideBottom 29%
Same street · Biscayne Bay
#2 / 60
Top 3% · Avg 962 sqft
Same area · Maybank
#360 / 920
Top 39% · Avg 1,043 sqft
Citywide · Winnipeg
#137,394 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
261k
0255075100
Same streetTop 20%Same areaBottom 26%CitywideBottom 20%
Same street · Biscayne Bay
#12 / 60
Top 20% · Avg 247.4k
Same area · Maybank
#677 / 920
Bottom 26% · Avg 334k
Citywide · Winnipeg
#156,069 / 194,458
Bottom 20% · Avg 390.1k

Year Built

Elite
1954
0255075100
Same streetTop 2%Same areaBottom 45%CitywideBottom 33%

Lot Size

above average
3,674 sqft
0255075100
Same streetTop 27%Same areaBottom 30%CitywideBottom 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

42 Biscayne Bay — 9 amenities found within 500 m, across 3 categories, including 1 education (nearest 136 m), 7 parks (nearest 41 m).

Search radius
🏫Education1
🌳Parks7
Worship1

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 8/2020CA$200k–250k
Sold price

Same street

Bottom 48%

Same area

Bottom 23%

City-wide

Bottom 16%

Related homes

Highlights & common questions: 42 Biscayne Bay, Winnipeg

Property Summary: 42 Biscayne Bay, Winnipeg

Key Characteristics & Appeal

This home at 42 Biscayne Bay in Maybank is a study in desirable neighbourhood positioning. Built in 1954, it is one of the older homes on its street, which can imply a well-established, mature streetscape. The key appeal lies in its strong standing within its immediate area. The living space (1,032 sqft) is notably above average for Biscayne Bay, ranking in the top 3% of the street. Combined with a lot size that's also above the street average, it offers more space than many of its direct neighbours. However, the context shifts when viewed city-wide, where both the home and lot size are more modest, highlighting that the value here is intrinsically linked to the specific location.

The property would suit a pragmatic buyer who understands neighbourhood dynamics. It’s ideal for someone seeking a home that stands out on its block for space and vintage, without paying for the largest offerings across the entire city. The assessed value is sensible for the street but sits below averages for wider areas, suggesting potential value for a buyer focused on the Maybank community. It’s a solid choice for those who prioritize a strong position in a specific locale over having a statistically large property on a metropolitan scale.

Frequently Asked Questions

1. How does the home’s age affect its value?
At 72 years old, it’s among the oldest on Biscayne Bay. This can be a mark of character in a stable area but typically means buyers should budget for updates and a thorough inspection for aging components like plumbing, wiring, and the roof.

2. The assessed value seems low compared to the sold price range from 2020. Why?
The assessed value (approximately $26k) is for municipal tax purposes and is not a market valuation. The 2020 sold price range of $200k-$250k reflects the actual market value at that time. Market value is influenced by many factors beyond the tax assessment.

3. What does it mean that the home ranks highly on its street but lower city-wide?
This indicates Biscayne Bay is a neighbourhood of relatively modest, older homes. You are getting a comparatively spacious home for this street, but it won’t compete with the size of newer or more suburban properties elsewhere in Winnipeg. The appeal is rooted in the specific community.

4. Are the sold prices of nearby homes a good indicator for this property?
The listed nearby property at 97 Rampart Bay (Assessed $240k) is noted "for reference," but its assessed value is significantly higher, suggesting it may be quite different. For a clearer picture, reviewing the exact sale history of 42 Biscayne Bay itself and requesting the manual price history service offered is recommended.

5. Who should consider requesting the exact sold price history?
Serious buyers who are developing their offer strategy should use this service. Knowing the precise last sold price (not just a range) and the history of price changes helps in understanding the home’s market trajectory and forming a competitive, informed offer.

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