88 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 76.0 · 7-min walk to transit with 4 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 Size3,545 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

around average
247k
0255075100
Same streetTop 43%Same areaBottom 18%CitywideBottom 16%
Same street · Biscayne Bay
#26 / 60
Top 43% · Avg 247.4k
Same area · Maybank
#754 / 920
Bottom 18% · Avg 334k
Citywide · Winnipeg
#162,409 / 194,458
Bottom 16% · Avg 390.1k

Year Built

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

Lot Size

around average
3,545 sqft
0255075100
Same streetTop 38%Same areaBottom 26%CitywideBottom 20%

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

88 Biscayne Bay — 9 amenities found within 500 m, across 3 categories, including 1 education (nearest 246 m), 7 parks (nearest 94 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 4/2019CA$200k–250k
Sold price

Same street

Bottom 30%

Same area

Bottom 15%

City-wide

Bottom 13%

Related homes

Highlights & common questions: 88 Biscayne Bay, Winnipeg

Property Overview: 88 Biscayne Bay, Winnipeg

Key Characteristics & Appeal

This home at 88 Biscayne Bay in Maybank is a study in desirable location versus modest scale. Its primary appeal lies in its position within the Biscayne Bay streetscape, where it ranks among the elite for living area and year built compared to its immediate neighbours. Built in 1954, it is one of the older homes on the street, which may appeal to those seeking established character. With 1,032 sqft of living space, it is actually above average for the specific street, suggesting the surrounding homes are particularly cozy.

However, the broader context reveals its more compact nature. Compared to the wider Maybank area and Winnipeg city-wide, the home’s living area, land size (3,545 sqft), and assessed value fall below average. This creates a specific value proposition: you are acquiring a well-situated property in what appears to be a consistent, mature neighbourhood, but the home itself is likely a starter property or suited for downsizing. The significantly lower assessed value compared to city averages could indicate a lower property tax burden, a practical advantage often overlooked.

It would best suit a first-time buyer, an investor, or someone looking to downsize into a manageable home without leaving a established neighbourhood. The buyer should be comfortable with a property that may require updates (given its age) and values location and lot potential over immediate square footage.

Frequently Asked Questions

1. Is this a good value for the area?
The data suggests a mixed value. On its own street, it holds its own in terms of size and age. Its assessed value is notably lower than both area and city averages, which could signal value but also may reflect the home’s condition or specific features.

2. What does the "Elite" ranking for Year Built mean?
On Biscayne Bay, an "Elite" ranking for being built in 1954 means it is one of the oldest homes on the street. This isn't about modernity, but about established character and possibly more mature landscaping compared to newer builds nearby.

3. Why is the assessed value so much lower than the city average?
The city-wide average assessed value includes all property types and sizes. This home’s assessment ($25k) is typical for its specific profile in Maybank but is far lower than the Winnipeg average ($390k), largely due to its more compact size and the valuation methodology for older, modest homes in established neighbourhoods.

4. How recent is the sold price data?
The last recorded sale was in 2019, with a price range of CA$200k–250k. For the exact sale price and any more recent transactions not captured in public records, you must request the information directly via the provided email service.

5. The lot is below average in size for Maybank. Is that a concern?
At 3,545 sqft, the lot is smaller than many in the broader Maybank area. This likely means less yard maintenance. The trade-off is less private outdoor space, so your interest may depend on whether you prioritize a larger garden or a more manageable property.

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