54.1
Fair
Property score
54.1
Fair
Overall 54.1
Newer than most nearby homes
755 sqft (bottom 45%)
Built in 2017 (81 yrs newer than avg)
Located in a average-income area
with median household income of ~60.8k
Transit 88.0
1-min walk to transit with 3 nearby routes
Within 500m: 16 dining spots, 5 schools, 6 healthcare facilitys, and 4 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
9% smaller than neighborhood avg.
Year Built
Above average
81 yrs newer than neighborhood avg.
Mother tongue
English · 84%Punjabi · 2%
Past 10 years Wolseley sales snapshot (~80% of all data)
89
207k
$242/sqft
1936
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54.1 is composed by the two sections below.
Property Score
Community Score
Wolseley
How to read: Share of sales in each ~$50k price band for “wolseley” (Condos, 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: #46110656
$61K
Median household income
$72K
Average household income
16%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.5
P90 / P10 ratio
38%
Single-person households
15%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
402-54 Maryland Street — 46 amenities found within 500 m, across 8 categories, including 16 dining (nearest 48 m), 5 education (nearest 15 m), 6 healthcare (nearest 130 m).
Wolseley · WPS public data · 2026
Annual incidents
34
2026
vs. city avg
+15%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
68%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 31% | Top 22% | Bottom 38% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 7% | Top 4% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Here is a clean, standalone summary of the property at 402-54 Maryland Street, written for direct display on a webpage.
This is a 2017-built unit with 755 square feet of living space. Its standout feature is its construction year—it is the newest home on Maryland Street and in the entire Wolseley neighbourhood, placing it in the top 1% locally for age. This newness is a major asset in an area where most homes date back to the 1960s or earlier.
The appeal lies in its assessment value versus its size. While the unit is smaller than the citywide average (755 sqft vs. 1,042 sqft citywide), its assessed value of $225k is notably high for the street (ranked 2nd out of 42) and the neighbourhood (ranked 11th out of 139). This suggests strong demand for newer, smaller, well-maintained properties in a central, established neighbourhood like Wolseley.
This property suits buyers who prioritise modern construction and low maintenance over maximum square footage. It would appeal to first-time buyers, downsizers, or investors looking for a newer asset in a desirable, walkable neighbourhood with a strong sense of community. The trade-off is clear: you get a newer, more efficient home, but less interior space than what a similarly priced older home elsewhere in the city would offer.
How does the size of this unit compare to other homes in the area?
At 755 sqft, it is slightly smaller than the average for Maryland Street (770 sqft) and the Wolseley neighbourhood (830 sqft). It is significantly smaller than the average comparable home citywide (1,042 sqft). The ranking data confirms it is “around average” for the street and neighbourhood, but “below average” for Winnipeg as a whole.
Why is the assessed value so high for a smaller unit?
The high assessment ($225k) is almost entirely driven by the fact that the building was constructed in 2017. On Maryland Street, the average assessed value for comparable homes is only $150.8k—meaning this unit is valued roughly 50% higher, reflecting the premium that the market places on new construction in an older neighbourhood like Wolseley.
Is the neighbourhood considered desirable for long-term ownership?
Yes, generally. Wolseley is a well-established, central neighbourhood known for its tree-lined streets, older character homes, and proximity to the river and shops. However, this specific unit is a newer infill property, so the immediate neighbours are likely much older homes. The high ranking for assessed value (top 8% in the neighbourhood) suggests the market views this location as desirable for modern living.
What does the “Top 82%” ranking for living area citywide actually mean?
It means this unit is smaller than most comparable homes across Winnipeg. Ranked #22,058 out of 26,841, it falls into the bottom 18% citywide for living area. For buyers, this confirms that you are paying a premium for the building’s age and location, not for square footage.
Is parking or outdoor space included?
The provided data only covers living area, assessed value, and year built. Information about parking, outdoor space (balcony, yard), or condo fees is not included in this analysis. To get a complete picture, you would need to review the full listing or ask the seller directly. The open neighbourhood map analysis link would be a good next step for comparing lot sizes and layouts.
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.
