Property score
68.8
Good
Overall 68.8 · Larger than most nearby homes
1,240 sqft (top 12%) · Built in 1958 (2 yrs older than avg)
Located in a high-income area with median household income of ~92k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 school, 7 parks, and 1 place of worship nearby
Living Area
Above average
19% larger than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 73%Chinese · 3%
Past 10 years Maybank sales snapshot (~80% of all data)
345
325k
$326/sqft
1960
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68.8 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: #46110434
$92K
Median household income
$101K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
18%
Single-person households
32%
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
99 Farwell Bay — 9 amenities found within 500 m, across 3 categories, including 1 education (nearest 170 m), 7 parks (nearest 156 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 33% | Top 9% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 99 Farwell Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 99 Farwell Bay in Maybank is a well-established property that stands out for its above-average space and value within its immediate neighbourhood. Built in 1958, it is one of the older homes on its street, which can imply a mature streetscape and established lot sizes. Its primary appeal lies in its generous 1,240 sqft living area, which ranks in the top 5% on Farwell Bay itself, offering more interior space than most direct neighbours. The lot is a substantial 6,049 sqft, providing ample outdoor space that is above average for wider Winnipeg.
The home’s assessed value is strong for the area, ranking in the top 9% on its street. This suggests it is viewed as a solid asset relative to nearby properties. A previous sale occurred between 2020-2025 in the range of $400k-$450k.
This property would suit a buyer looking for a character home in a mature neighbourhood who prioritizes interior and exterior space over a newer build. It’s ideal for someone who sees value in a home that already compares favourably in its local market and who may appreciate the potential of an older home on a large lot. It may also appeal to a value-conscious buyer who uses assessed value as a key metric for long-term investment.
Section 2: Frequently Asked Questions
1. What does it mean that the home is "older" but ranks highly for its year built on the street?
This indicates the home is actually one of the newest among its immediate neighbours on Farwell Bay, as most houses on the street were built in 1957 or earlier. It’s a relative positive within its specific, mature streetscape.
2. How significant is the living area ranking?
Very. Ranking in the top 5% on its street for living area means this home offers notably more interior space than most houses right around it, which is a key advantage for daily living and can contribute to resale value.
3. The assessed value seems low compared to the past sale price. Why?
Municipal assessed value (here, $40,800) is for tax purposes and is typically much lower than market value. The more relevant figure is the past sale price range ($400k-$450k), which reflects what a buyer actually paid in the open market.
4. Is the lot size a major feature?
Yes. At over 6,000 sqft, the lot is above average for both the Maybank area and the city overall. This provides significant outdoor space, which is a growing rarity and offers potential for gardening, expansion, or simply more privacy.
5. Who would this home not suit as well?
Buyers seeking a modern, turn-key home with recent renovations may find the 1958 build date requires more updates or maintenance. Those who prioritize being in a newer subdivision or having the very latest amenities might want to consider other areas.
