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Property prices in Maybank · Census 2021 and Statistics Canada

A median $340,000: what owners say homes in Maybank are worth

Behind it are the answers of 1,360 owners at the 2021 census. Statistics Canada counted 14,740 buyers in 2023, paying a median $374,000. Nobody publishes sale prices, assessed values, values by property type and building permits for Maybank alone, so this card uses the figure for the city of Winnipeg.

Median home value
$340K
owners’ estimate, census 2021
average $326K
Median sale price
$374K
CHSP, 2023
Median assessed value
$317K
all residential, 2024
New homes a year
4,903
permits, 2018–2023
16.9 per 1,000 homes
What homes are worth

Three ways to price a home in Maybank

Each source sits beside its own median for Manitoba’s towns; none compares across provinces, which value homes in their own ways. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since.

Census 2021$340K

median, owners’ estimate

Average
$326K
Owners
1,360
Manitoba’s towns
$300K
The typical Canadian town
$406K
Sales, 2023$374K

median sale, wider area

Average sale
$400K
÷ buyers’ income
3×
Buyers
14,740
Manitoba’s towns
$248K
Assessed, 2024$317K

all residential

Manitoba’s towns
$201K

Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).

By type of home

A detached house in Winnipeg is assessed 51% higher than across Manitoba’s towns

Detached houses account for 79% of the 222,340 properties on Winnipeg’s 2024 roll; condos for 12%.

Assessed value

Median assessment by type, 2024 the tick is the median of Manitoba’s towns

Detached houses$335K
Semi-detached$249K
Row houses$230K
Condos$209K
Multi-unit properties$363K
The mix of properties
Detached houses79%
Condos12%
Semi-detached4%
Multi-unit properties4%
Row houses1%
2,170 sq ft
living area of the median detached house (Manitoba’s towns: 1,670 sq ft)
990 sq ft
living area of the median condo
82%
of properties lived in by their owner

Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Manitoba’s towns with their own figure; assessments compare within a province only.

The homes

An older stock than most: 53% of Maybank’s homes go back before 1961 (Manitoba’s towns: 23%)

Maybank had 1,850 occupied homes at the 2021 census, 78% of them single-detached houses. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.

When they were built

Homes by period of construction the tick is the median of Manitoba’s towns

Before 196153%
1961–198033%
1981–20005%
2001–20152%
2016–20213%
What kind of home

Homes by kind

Single-detached houses78%
Semi-detached houses2%
Row houses15%
Flats in a duplex2%
Apartments, under 5 storeys4%
Apartments, 5+ storeysunder 1%
Against the median town of the province and of Canada
MaybankManitobaCanada
Condominiums1%5%8%
Needing major repairs10%6%6%
Too small for the household5%5%3%
Households in core housing need6%7%7%

Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.

New homes

16.9 new homes a year per 1,000 in Winnipeg: in step with Manitoba’s towns (13.7)

From 2018 to 2023, permits in Winnipeg created 29,417 homes, about 4,903 a year. Single-unit buildings took 23%, the rest buildings of two or more, against 67% for Manitoba’s towns.

Permits by year, 2018–2023

Most in 2021: 6,147 new homes

Single-unit buildingsTwo or more units
02,0004,0006,0008,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Winnipeg16.9
Manitoba’s towns13.7
The typical Canadian town13.8
$1,069M
of new residential construction a year, 2019–2023
The metro area

Rising: 7,667 new homes in the 12 months to August 2026, 34% more

02,0004,0006,0008,00020212022202320242025

Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021. · Not measured by town: monthly permits (the Winnipeg metro area)

Across Manitoba

Maybank is 13% above the $300,000 median of Manitoba’s towns

188 of Manitoba’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Lower values near Maybank: Pembina Strip, Grant Park and Rockwood

Next to Maybank: 2021 census values and the share of owners.

Pembina StripPoint RoadGrant ParkPulberryRockwoodBrockvillePembina StripPoint RoadGrant ParkPulberryRockwoodBrockvilleMaybank
Prices next door
TownMedian home valueAverageOwnerskm
Maybank$340K$326K74%
Pembina Strip$200K$219K15%1.4
Point Road$448K$471K84%1.5
Grant Park$312K$300K28%2
Pulberry$360K$406K76%2.3
Rockwood$320K$330K54%2.5
Brockville$348K$398K44%2.5

Census 2021 values; km.

Questions about property prices in Maybank

How many households in Maybank are in core housing need?

In Maybank, 6% of households are in core housing need, close to the 7% of Manitoba’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.

Is Maybank expensive for Manitoba?

Above the norm for Manitoba’s towns, whose median home is worth $300,000; Maybank’s is worth more.

Can I see individual sales or prices by street?

Not here: individual sales sit with provincial registries and aren’t open, so the published figures are town medians and averages.

Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.

Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).