Maybank, Winnipeg - August 2026 Real Estate Report

Maybank, Winnipeg: What Your Home Is Actually Worth Right Now

If you live in Maybank and you're still going off your last city assessment, you're probably working with a number that's already out of date. Here's the real picture - straight from the data, no fluff.

The Vibe: What's Happening in Our Neighbourhood

Maybank is a steady, mid-range pocket of Winnipeg. We're not the flashiest neighbourhood on the leaderboard, but we're not falling apart either. The average HonestDoor Price across the neighbourhood sits at $376,854, up 0.76% from the previous period. That's a slow and steady climb - not a gold rush, but not a warning sign either.

Here's how houses and condos are playing out differently right now:

Houses: A Cooling Market, But Sellers Still Hold Ground

If you've been watching the "For Sale" signs in Maybank lately, here's what's actually happening. The average sale price for houses is $286,200 - down 4.7% from last month. Only 1 house sold, which is down 50% from the month before. That sounds dramatic, but with just a handful of sales, one transaction can swing the numbers hard.

• Average sale price: $286,200
• Average list price: $319,900
• Price per square foot: $277
• Sold-to-list ratio: 98.12% - buyers are paying just under asking
• Average days on market: 7 days
• HonestDoor predicted value for houses: $374,021
• 3-month moving average: $371,108 - values are trending up
• Estimated monthly rent: $1,960
• Rental yield: 5.87% - that's a strong return for landlords

The 7-day average days on market is the stat that stands out. Winnipeg-wide, that ranks 7th out of 71 neighbourhoods for speed. When a house hits the market in Maybank, it doesn't sit. That's a real advantage for sellers, even in a market that's taking a breather on price.

On the neighbourhood leaderboard, Maybank houses rank 139 out of 193 for growth rate and 144 out of 185 for price. We're below average on both - but the speed of sales tells a different story about demand.

Condos: A Different Animal Entirely

The condo data in Maybank is an outlier worth flagging. The average HonestDoor Price for condos is $7,088,373 - up 2.66% from the previous period. The predicted market value sits at $6,904,793, though that's slightly below the 3-month moving average of $6,952,539, suggesting a small dip in momentum.

• Average HonestDoor condo price: $7,088,373
• Predicted market value: $6,904,793
• Estimated monthly rent: $14,271
• Rental yield: 0.64%
• Airbnb rank in Winnipeg: 3rd out of all neighbourhoods
• Recent value change: -0.63%
• Growth rank: 108 out of 175 neighbourhoods

That Airbnb rank of 3rd in all of Winnipeg is notable. If you own a condo here and you're not thinking about short-term rental potential, that number is worth a second look.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Your city assessment is a snapshot taken in the past. It doesn't update when the market shifts, when a new listing sells down the street, or when interest rates move. The HonestDoor Price is a real-world check - it pulls in current sales data and recalculates constantly.

For Maybank houses, the HonestDoor predicted value of $374,021 is significantly higher than the recent average sale price of $286,200. That gap matters. It means your property's estimated real-world value is likely higher than what recent comparable sales might suggest - and definitely higher than what a static government assessment would show you.

If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - use the HonestDoor Price as your starting point, not the assessment notice in your mailbox.

The So What: Should You Sell in Maybank This Summer?

Here's the honest take. The market is cooling slightly on price, but houses are still moving fast - 7 days on average. That means motivated buyers are out there. The sold-to-list ratio of 98.12% says you won't get a bidding war, but you won't be chasing your price down either.

Compare that to neighbours like Crescent Park, where the average sale price hits $342,800, or Buffalo at $438,100. Maybank is the more affordable entry point into this part of Winnipeg - and that's actually a selling feature for buyers who've been priced out of those streets.

If you're thinking about listing this summer, the window is open - but price it sharp. With only 17 total transactions recorded in 2026 so far, this is a low-volume market. One overpriced listing can sit. One well-priced listing can be gone in a week.

Check your HonestDoor Price before you call an agent. Know your number first.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.