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 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 school, 1 shop, and 6 parks 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 Rampart Bay — 13 amenities found within 500 m, across 6 categories, including 2 dining (nearest 416 m), 1 education (nearest 277 m), 1 shopping (nearest 354 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 | Bottom 5% | Bottom 4% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7 Rampart Bay, Winnipeg
Key Characteristics & Appeal
This 1954-built home in Maybank presents a distinct profile. Its primary appeal lies in being a well-sized, established property in a neighbourhood of similar vintage. At 1,032 sqft, the living space is notably above average for its immediate street and area, offering more room than many direct comparables. The lot size of 3,339 sqft is also generous for the street. However, the home’s assessed value is significantly below average across all comparison levels, suggesting it may be an opportunity for value-conscious buyers or those looking for a property with renovation potential.
Its strongest suit is its living area relative to the local market, making it a practical choice for small families or those needing space without a premium price tag. The buyer it would suit is likely a pragmatic first-time homeowner, an investor, or a hands-on buyer who sees value in the existing structure and lot size, and is less concerned with a modern assessment or the need for potential updates. A less obvious perspective is that its "below average" valuation, paired with its "above average" living space for the area, creates a specific niche: it’s a house that prioritizes interior square footage over perceived market value, which can be ideal for someone focused on utility and long-term equity building rather than immediate prestige.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value is based on municipal valuation for tax purposes, which considers factors like age, condition, and recent sales in the area. A value significantly below averages, especially for a home with above-average living space on its street, often indicates the assessment reflects an older condition or a market lag, potentially highlighting a value opportunity.
2. How does the 1954 build year affect the property?
Being one of the oldest homes on the street (ranked in the top 2%), it comes with the character and established landscaping of an older neighbourhood. Buyers should budget for potential updates to major aging components like plumbing, electrical, or the roof, which is typical for homes of this era.
3. Is the sold price history from 2016 relevant today?
The last known sale (between $150k-$200k in 2016) provides a historical benchmark but does not reflect current market value. It’s most useful for understanding the property’s price trajectory over a long period, not for determining today’s price.
4. What does "above average living area for the street" actually mean for me?
It means that within its direct neighbourhood of similar homes, this house offers more interior space than most. You are likely getting more square footage per dollar here than you would from many neighbouring properties, which is a key efficiency metric for homeowners.
5. Who are the most logical buyers for this specific property?
This home is particularly suited for buyers who prioritize actual living space over a high assessment, and who are comfortable with a property that may require work. It’s a strategic fit for an owner-occupant planning gradual renovations or an investor looking for a functional rental property with a value-based entry point.
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