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 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
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
54 Biscayne Bay — 9 amenities found within 500 m, across 3 categories, including 1 education (nearest 144 m), 7 parks (nearest 55 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 30% | Bottom 32% | Bottom 20% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 18% | Bottom 9% | Bottom 11% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 42% | Bottom 21% | Bottom 15% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 36% | Bottom 17% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 54 Biscayne Bay, Winnipeg
Key Characteristics & Buyer Appeal
This home at 54 Biscayne Bay in Maybank is a study in contrasts, offering a unique value proposition shaped by its specific metrics. Built in 1954, it is one of the oldest homes on its street, which may appeal to those interested in a well-established neighbourhood character. With 888 sqft of living space, it is a compact bungalow, smaller than most area and city averages, suggesting a efficient, low-maintenance layout.
Its primary appeal lies in its financial profile. The assessed value ($25,800) is notably above average for Biscayne Bay, yet sits below averages for both the wider Maybank area and the city. This indicates a property that holds its value well on its immediate street, potentially offering a more affordable entry point into the neighbourhood compared to the city-wide market. Recent sold price history suggests a stable value in the $200k-$250k range over the past few years.
The lot size is a defining characteristic: at 1,868 sqft, it is significantly smaller than nearly all comparable plots on the street, in the area, and city-wide. This translates to minimal yard maintenance—a clear benefit for those seeking a lock-and-leave lifestyle or who prefer indoor living space over outdoor upkeep.
This property would best suit a first-time homebuyer, downsizer, or investor looking for a cost-effective, low-maintenance home in a mature neighbourhood. It is ideal for someone who prioritizes financial practicality and interior simplicity over expansive living areas or large outdoor spaces.
Frequently Asked Questions
1. Is the small lot size a disadvantage?
It depends on your lifestyle. While it limits gardening or large outdoor recreation, it drastically reduces maintenance time and costs (like watering, mowing, and landscaping), which can be a significant benefit for busy professionals or those looking to simplify.
2. The home is older and smaller than average. Should I be concerned about its condition or value?
The above-average assessed value for the street suggests the property is not considered distressed relative to its immediate peers. However, the age (72 years) makes a thorough inspection crucial to understand the condition of major systems like plumbing, electrical, and the foundation, which is a wise step for any home of this vintage.
3. Why is the assessed value so much lower than the apparent sold price?
In Manitoba, the assessed value for tax purposes is often significantly lower than a home's market value. The assessed value is not intended to reflect the selling price. The recent sale history (in the $200k-$250k range) is a far more accurate indicator of its current market value.
4. What does it mean that it's one of the oldest houses on the street?
This could imply that many neighbouring homes have been rebuilt or extensively renovated over time. It offers original charm but may also mean that modern updates to this specific home have been more modest. It’s worth researching the renovation history of nearby properties.
5. Who would this property not suit?
It would likely not meet the needs of growing families requiring multiple bedrooms and large living areas, hobbyists or gardeners wanting substantial yard space, or buyers seeking a modern, open-concept layout without considering renovation costs.
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