Property Overview: 59 Maybank Drive, Winnipeg
Key Characteristics & Appeal
This home at 59 Maybank Drive is a classic 1956 bungalow in the Maybank neighbourhood, presenting a practical and grounded opportunity. With 998 sqft of living space, it is notably compact compared to many area homes, which may appeal to those seeking efficient, low-maintenance living without excess space to heat or clean. Its standout feature is the generous 5,997 sqft lot, which is larger than most city-wide properties, offering significant outdoor potential for gardening, recreation, or future expansion.
The home’s assessed value is consistently around average for its street, neighbourhood, and the wider city, suggesting a stable, fair-market positioning without premium or discount pressures. Its appeal lies in this balance: a manageable, older home on a substantial lot in an established area. It would suit a first-time buyer comfortable with a home of vintage character, a downsizer looking for a manageable footprint with room for a garden, or an investor seeking a land-value play with a rentable existing structure. A thoughtful perspective is that while the house itself is modest, the lot size provides a tangible asset of scarcity that newer subdivisions often lack.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 998 sqft, the living space is below average for Maybank Drive and the city overall. This indicates a more compact layout compared to many neighbouring properties.
2. What is the significance of the lot size?
The lot of nearly 6,000 sqft is larger than approximately two-thirds of residential lots city-wide. This is a key feature, offering more private outdoor space than is typical.
3. Is the assessed value high for the area?
No, the assessed value is around the average for the immediate street, the Maybank neighbourhood, and Winnipeg as a whole, indicating it is priced in line with market norms.
4. How old is this home relative to others?
Built in 1956, it is older than about 78% of homes on its own street but is close to the average age for the broader Maybank area and the city.
5. Where can I find more detailed neighbourhood data?
You can use the provided link to open a neighbourhood map analysis, which visually compares this property with nearby homes on metrics like year built, living area, and lot size.