87 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 Size3,835 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
257k
0255075100
Same streetTop 27%Same areaBottom 24%CitywideBottom 19%
Same street · Biscayne Bay
#16 / 60
Top 27% · Avg 247.4k
Same area · Maybank
#700 / 920
Bottom 24% · Avg 334k
Citywide · Winnipeg
#157,931 / 194,458
Bottom 19% · Avg 390.1k

Year Built

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

Lot Size

above average
3,835 sqft
0255075100
Same streetTop 18%Same areaBottom 31%CitywideBottom 23%

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

87 Biscayne Bay — 9 amenities found within 500 m, across 3 categories, including 1 education (nearest 230 m), 7 parks (nearest 63 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 11/2022CA$200k–250k
Sold price

Same street

Top 33%

Same area

Bottom 31%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 87 Biscayne Bay, Winnipeg

Property Summary: 87 Biscayne Bay, Winnipeg

Key Characteristics & Appeal

This 1954-built home in Maybank presents a compelling case for value-focused buyers. Its primary appeal lies in its strong standing within its immediate neighbourhood of Biscayne Bay. With 1,032 sqft of living space, it ranks in the top 3% for size on its street, offering more room than most direct neighbours. The lot size of 3,835 sqft is also notably above average (top 18%) for the area, providing generous outdoor space that is increasingly rare in mature neighbourhoods.

The home suits buyers looking for a solid, established property in a quiet setting without a premium city-wide price tag. Its assessed value is modest, yet it ranks above average on its street, suggesting it is a well-regarded property within a consistent and affordable enclave. This is an ideal home for a first-time buyer, a downsizer seeking a manageable lot, or an investor looking for a stable, character-area property. A thoughtful perspective is that this home represents a "large fish in a small pond"—it offers standout features (like lot and living space) within its specific, desirable micro-location, which may not be fully reflected in its broader municipal assessment.

Frequently Asked Questions

1. How does this home compare to others in Winnipeg?
City-wide, this home is below average in size, lot, and assessed value, which is typical for its era and neighbourhood. This context highlights its affordability and positions it as a value proposition compared to newer suburban homes.

2. What does the "Elite" ranking for Year Built mean?
On Biscayne Bay, a 1954 build date is the oldest or among the oldest, giving it a high "year built" rank because the metric favours newer homes. This indicates the street likely has many homes built later, but it also confirms the home's established, character nature.

3. Why is the assessed value so much lower than the city-wide average?
The city-wide average assessed value is skewed higher by much newer, larger homes in different areas. This home's assessment aligns with older, well-established neighbourhoods in Winnipeg and is actually above average for its own street.

4. Can I find out the exact historical sale price?
The listed sale price range is based on public data. The exact sale price is available by request via email from the listing service, which they provide manually without using your email for marketing.

5. What is the practical benefit of a larger-than-street-average lot?
A lot size ranking in the top 18% on the street offers greater potential for outdoor living, gardening, expansions, or additions (subject to zoning) than most neighbours, providing a tangible advantage in the same location.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.