Property score
54.0
Fair
Overall 54.0 · 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)
345
325k
$326/sqft
1960
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54.0 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
7 Biscayne Bay — 9 amenities found within 500 m, across 3 categories, including 1 education (nearest 236 m), 7 parks (nearest 59 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 12% | Bottom 48% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7 Biscayne Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 7 Biscayne Bay in Maybank is a study in desirable positioning within its immediate neighbourhood. Built in 1954, it stands out on its street as one of the older, well-established properties, which can often signal a mature, stable streetscape. With 1,032 sqft of living space, it offers more room than most comparable homes directly on Biscayne Bay, making it a notably spacious option in its specific micro-area. The assessed value is above average for the street, yet remains significantly lower than both the wider Maybank area and city averages, suggesting a potentially accessible entry point into a sought-after location.
Its primary appeal lies in this strong positioning within its own enclave. Buyers get a home that ranks highly on its street for living space, age, and value, while the overall metrics for Maybank and Winnipeg provide context for its affordability. This property would suit a practical buyer who values neighbourhood character over a massive lot, as the land size is modest compared to broader areas. It’s ideal for someone looking for a solid, established home in a mature community without the premium price tag of a larger, newer property city-wide.
Section 2: Frequently Asked Questions
1. How does the sold price range (CA$250k–300k in 2024) relate to the much lower assessed value?
Assessed value in Manitoba is for tax purposes and is typically a fraction of a property's market value. The recent sold price is the true indicator of its worth on the open market.
2. The home ranks "below average" for land area in Maybank. Is the lot a drawback?
While the lot is smaller than the Maybank average, it is nearly average for Biscayne Bay itself. This indicates the street may consist of cozier, well-kept properties. It suits those who prefer less yard maintenance while still having outdoor space.
3. What does it mean that the home is "Elite" for year built on its street?
This statistical ranking means it's one of the oldest homes on the block. For many buyers, this is a positive, indicating a classic, established property in a mature neighbourhood with likely larger trees and settled infrastructure.
4. The living area is above average for the street but below average city-wide. Who does this suit best?
This is perfect for buyers who prioritize location and neighbourhood feel over maximum square footage. It offers more space than immediate neighbours but remains a manageable size for smaller households or first-time buyers.
5. Why is the assessed value for the area and city so much higher?
The "area" (Maybank) and city averages include a wide variety of homes, including many that are newer, larger, or on significantly bigger lots. This property's value is contextualized best against its direct neighbours on Biscayne Bay, where it holds its own.
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