44 Rampart Bay

Maybank, Winnipeg

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 · 5-min walk to transit with 7 nearby routes · Within 500m: 2 dining spots, 2 schools, 1 shop, and 7 parks 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)

Sold Count

345

Median price

325k

$/sqft

$326/sqft

Avg build year

1960

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Property score

44.2 is composed by the two sections below.

Property Score

30.0Low
Living Area888 sqft32Low
Year Built195436Low
Lot Size1,873 sqft10Low
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

around average
888 sqft
0255075100
Same streetBottom 45%Same areaBottom 27%CitywideBottom 15%
Same street · Rampart Bay
#33 / 60
Bottom 45% · Avg 966 sqft
Same area · Maybank
#673 / 920
Bottom 27% · Avg 1,043 sqft
Citywide · Winnipeg
#164,511 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

above average
256k
0255075100
Same streetTop 22%Same areaBottom 24%CitywideBottom 19%
Same street · Rampart Bay
#13 / 60
Top 22% · Avg 245.5k
Same area · Maybank
#702 / 920
Bottom 24% · Avg 334k
Citywide · Winnipeg
#158,387 / 194,458
Bottom 19% · Avg 390.1k

Year Built

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

Lot Size

below average
1,873 sqft
0255075100
Same streetBottom 8%Same areaBottom 3%CitywideBottom 1%

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

44 Rampart Bay — 15 amenities found within 500 m, across 6 categories, including 2 dining (nearest 394 m), 2 education (nearest 201 m), 1 shopping (nearest 356 m).

Search radius
🍽️Dining2
🏫Education2
🛒Shopping1
🌳Parks7
🏦Finance1
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 12/2023CA$150k–200k
Sold price

Same street

Bottom 16%

Same area

Bottom 7%

City-wide

Bottom 10%

Related homes

Highlights & common questions: 44 Rampart Bay, Winnipeg

Property Overview: 44 Rampart Bay, Maybank, Winnipeg

Key Characteristics & Appeal

This 888 sqft bungalow, built in 1954, presents a unique and efficient property profile. Its primary appeal lies in its value proposition and established neighbourhood setting. The home sits on a modest 1,873 sqft lot, which is significantly smaller than typical city and area lots, but this translates to minimal exterior maintenance—a notable advantage for those seeking a low-maintenance lifestyle without condo fees. The assessed value of $25,600 is notably above average for its immediate street, suggesting the property is well-regarded within its specific local context.

The home would suit first-time buyers, downsizers, or pragmatic investors looking for an affordable entry into a settled neighbourhood like Maybank. It’s a practical choice for those who prioritize location and a manageable footprint over expansive living and yard space. A thoughtful perspective is that this property represents a "land-efficient" model; its lower taxes and upkeep costs could free up budget for interior updates or savings, appealing to a financially strategic buyer.


Frequently Asked Questions

1. Is the low assessed value a concern?
No, it’s actually a key feature. The low municipal assessment, especially relative to the city average, typically results in proportionally lower property taxes, which is a recurring annual savings.

2. How much of a limitation is the small lot size?
It depends on your lifestyle. It severely limits gardening, expansion, or outdoor recreation space. However, it maximizes the property’s useable footprint with minimal yard work, which is a benefit for those not wanting to manage a large yard.

3. The home sold between $150k-$200k in 2023. Why is the assessed value so much lower?
Assessed value (for municipal tax purposes) and market value (what a buyer pays) are calculated differently. Market value reflects current buyer demand, while assessed value is an administrative valuation for taxation, often lagging behind market trends.

4. What does it mean that the year built is ranked "Elite" on the street?
This simply indicates it is one of the oldest homes on Rampart Bay. For a buyer, this signals a well-established streetscape but also means the building itself and major systems (like roof, plumbing, wiring) are likely original or aged, so a thorough inspection is crucial.

5. Are the nearby comparable homes with the same assessed value similar properties?
Not necessarily. The listed addresses with the same $25,600 assessment are for reference in tax valuation only. They may be in different neighbourhoods and be vastly different in style, size, or condition. Always evaluate the specific property, not just the assessment.

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