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Winnipeg Real Estate – Home Prices, Sales History & Market Trends
Redder color means more recent sale.
If the color is red, the property has sold before; the redder the color, the more recent the sale.
Maybank
How to read: Share of sales in each ~$50k price band for “maybank” (Detached na bahay (hindi condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Data summary (Winnipeg / maybank / Detached na bahay (hindi condo) / 2024): ~$50k bands. The largest share is $250K–$300K (about 28.6%). Second-largest band: $300K–$350K (about 21.4%); top two together about 50.0%. About 42 sales in this view (sample size check).
All figures above are based on real sold transaction data analysis; for source details, see
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
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| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Top 30% | Bottom 32% | Bottom 20% |
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| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 18% | Bottom 9% | Bottom 11% |
Parehong kalye
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| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 42% | Bottom 21% | Bottom 15% |
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 36% | Bottom 17% | Bottom 14% |
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| Address | Taon ng Paggawa | Living Area | Assessed Value | |
|---|---|---|---|---|
| 85 Biscayne Bay | 1954 | 888 sqft | 243k | For reference |
| 16 Dickson Crescent | 1954 | 888 sqft | 256k | Trending |
| 1316 Waller Avenue | 1955 | 924 sqft | 375k | For reference |
| 88 Rampart Bay | 1954 | 1,032 sqft | 256k | For reference |
| 97 Rampart Bay | 1954 | 1,032 sqft | 240k | For reference |
Property Overview: 54 Biscayne Bay, Winnipeg
Key Characteristics & Buyer Appeal
This home at 54 Biscayne Bay in Maybank is a study in contrasts, offering a unique value proposition shaped by its specific metrics. Built in 1954, it is one of the oldest homes on its street, which may appeal to those interested in a well-established neighbourhood character. With 888 sqft of living space, it is a compact bungalow, smaller than most area and city averages, suggesting a efficient, low-maintenance layout.
Its primary appeal lies in its financial profile. The assessed value ($25,800) is notably above average for Biscayne Bay, yet sits below averages for both the wider Maybank area and the city. This indicates a property that holds its value well on its immediate street, potentially offering a more affordable entry point into the neighbourhood compared to the city-wide market. Recent sold price history suggests a stable value in the $200k-$250k range over the past few years.
The lot size is a defining characteristic: at 1,868 sqft, it is significantly smaller than nearly all comparable plots on the street, in the area, and city-wide. This translates to minimal yard maintenance—a clear benefit for those seeking a lock-and-leave lifestyle or who prefer indoor living space over outdoor upkeep.
This property would best suit a first-time homebuyer, downsizer, or investor looking for a cost-effective, low-maintenance home in a mature neighbourhood. It is ideal for someone who prioritizes financial practicality and interior simplicity over expansive living areas or large outdoor spaces.
Frequently Asked Questions
1. Is the small lot size a disadvantage?
It depends on your lifestyle. While it limits gardening or large outdoor recreation, it drastically reduces maintenance time and costs (like watering, mowing, and landscaping), which can be a significant benefit for busy professionals or those looking to simplify.
2. The home is older and smaller than average. Should I be concerned about its condition or value?
The above-average assessed value for the street suggests the property is not considered distressed relative to its immediate peers. However, the age (72 years) makes a thorough inspection crucial to understand the condition of major systems like plumbing, electrical, and the foundation, which is a wise step for any home of this vintage.
3. Why is the assessed value so much lower than the apparent sold price?
In Manitoba, the assessed value for tax purposes is often significantly lower than a home's market value. The assessed value is not intended to reflect the selling price. The recent sale history (in the $200k-$250k range) is a far more accurate indicator of its current market value.
4. What does it mean that it's one of the oldest houses on the street?
This could imply that many neighbouring homes have been rebuilt or extensively renovated over time. It offers original charm but may also mean that modern updates to this specific home have been more modest. It’s worth researching the renovation history of nearby properties.
5. Who would this property not suit?
It would likely not meet the needs of growing families requiring multiple bedrooms and large living areas, hobbyists or gardeners wanting substantial yard space, or buyers seeking a modern, open-concept layout without considering renovation costs.
Address · Distansya
Address · Assessed Value