265 Grassie Boulevard

Eaglemere, Winnipeg

Property score

65.8

Good

Overall 65.8 · Smaller and older than most nearby homes

1,072 sqft (bottom 2%) · Built in 1955 (43 yrs older than avg)

Located in a high-income area with median household income of ~116k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 healthcare facility, and 1 fuel station nearby

Living Area

Below average

29% smaller than neighborhood avg.

Year Built

Below average

43 yrs older than neighborhood avg.

Mother tongue

English · 74%Punjabi · 4%

Past 10 years Eaglemere sales snapshot (~80% of all data)

Sold Count

134

Median price

477.5k

$/sqft

$344/sqft

Avg build year

1998

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Property score

65.8 is composed by the two sections below.

Property Score

57.4Fair
Living Area1,072 sqft52Fair
Year Built195536Low
Lot Size21,762 sqft100Excellent
Neighbourhood Sales Activity80Good

Community Score

78.5Good
Household Income90Excellent
Education Level44Low
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health76Good

Neighbourhood Sales

Eaglemere

How to read: Share of sales in each ~$50k price band for “eaglemere” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110877

Community deep dive

$116K

Median household income

$125K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

17%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)953
Labour force participation rate71%
Median age41.2
Avg household size2.8
Unemployment rate6%
Population density238 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households17%
Couple families with children41%
Median household income (2020)$116K

Housing

Renter households10%
Condominium dwellings19%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)13%
Visible minority16%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 74%
Mother tongue (2nd)Punjabi · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,072 sqft
0255075100
Same streetBottom 28%Same areaBottom 2%CitywideBottom 36%
Same street · Grassie Boulevard
#66 / 92
Bottom 28% · Avg 1,233 sqft
Same area · Eaglemere
#421 / 430
Bottom 2% · Avg 1,512 sqft
Citywide · Winnipeg
#124,646 / 194,458
Bottom 36% · Avg 1,342 sqft

Tax-Assessed Value

around average
390k
0255075100
Same streetBottom 42%Same areaBottom 6%CitywideTop 41%
Same street · Grassie Boulevard
#53 / 92
Bottom 42% · Avg 403.6k
Same area · Eaglemere
#404 / 430
Bottom 6% · Avg 452.9k
Citywide · Winnipeg
#79,616 / 194,458
Top 41% · Avg 390.1k

Year Built

around average
1955
0255075100
Same streetBottom 3%Same areaBottom 1%CitywideBottom 34%

Lot Size

Elite
21,762 sqft
0255075100
Same streetTop 22%Same areaTop 1%CitywideTop 1%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

265 Grassie Boulevard — 4 amenities found within 500 m, across 3 categories, including 2 dining (nearest 30 m), 1 healthcare (nearest 29 m).

Search radius
🍽️Dining2
🏥Healthcare1
Fuel Stations1

Crime & Safety

Eaglemere · WPS public data · 2026

Annual incidents

6

2026

vs. city avg

-80%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Violent

50%

Sales History

Sold 1/2022CA$400k–450k
Sold price

Same street

Top 32%

Same area

Bottom 49%

City-wide

Top 28%

Related homes

Highlights & common questions: 265 Grassie Boulevard, Winnipeg

Property Overview: 265 Grassie Boulevard, Eaglemere, Winnipeg

Key Characteristics & Appeal

This is a classic one-storey home built in 1955, sitting on an exceptionally large, half-acre lot (21,762 sqft) that is its most defining and valuable asset. The home itself is modest in size at 1,072 sqft with a renovated basement, a detached garage, and is priced in line with its assessed value of $390k. Its appeal lies in a clear value proposition: you are purchasing significant land in a mature neighbourhood. While the house is older and smaller than many in the immediate Eaglemere area, it offers rare potential for expansion, gardening, or outdoor space that is virtually unmatched locally and city-wide. This property would best suit a buyer who prioritizes land over a turnkey, modern home—think a renovator looking for a "blank canvas," a multi-generational family planning a future addition, or anyone seeking a private, spacious yard within the city. It represents a trade-off: accepting an older, average-sized home to secure a lot size that is now extremely uncommon.

Frequently Asked Questions

1. Is the lot size a genuine advantage, or just more maintenance?
It is a significant advantage for the right buyer. While it requires more upkeep, a lot of this size in the city is rare and offers tangible benefits: ample space for additions, recreational structures like a large workshop or studio, extensive gardening, and exceptional privacy. It’s a long-term asset that provides options most properties do not.

2. How does the home’s age and smaller living area affect its value?
The data shows the home is older and smaller than most in Eaglemere, which is reflected in its below-average rankings for those metrics locally. However, its assessed value is around average for the street and city, suggesting the official valuation significantly credits the premium lot, balancing out the older dwelling.

3. What does the neighbourhood data tell me?
The comparisons reveal Eaglemere is generally a neighbourhood of newer, larger homes on smaller lots. This property is an outlier, offering a different lifestyle centred on land. It’s less about fitting the current neighbourhood mold and more about owning a unique property within it.

4. The home sold for $42.50k in 2022. Why is the price so much higher now?
The 2022 sale price is likely not representative of a standard market transaction. It may have been a non-arms-length transfer between family members, a sale of partial interest, or another atypical circumstance. The current asking price is aligned with the 2024 assessed market value of $390k.

5. Who would this property not suit?
It may not suit buyers seeking a modern, low-maintenance property where the home itself is the primary focus. Those unwilling to consider future renovations, or who view a large yard as a burden rather than an opportunity, would likely find better value in a newer home on a standard lot elsewhere.

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