255 Nassau Street N

Earl Grey, Winnipeg

Property score

53.2

Fair

Overall 53.2 · Larger but older than most nearby homes

1,805 sqft (top 6%) · Built in 1906 (22 yrs older than avg)

Located in a below-average income area with median household income of ~33.2k

Transit 100.0 · 1-min walk to transit with 5 nearby routes · Within 500m: 28 dining spots, 1 school, 2 healthcare facilitys, and 5 parks nearby

Living Area

Above average

50% larger than neighborhood avg.

Year Built

Below average

22 yrs older than neighborhood avg.

Mother tongue

English · 77%French · 5%

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

Sold Count

529

Median price

295k

$/sqft

$299/sqft

Avg build year

1928

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Property score

53.2 is composed by the two sections below.

Property Score

66.9Good
Living Area1,805 sqft89Excellent
Year Built190610Low
Lot Size4,239 sqft53Fair
Neighbourhood Sales Activity71Good

Community Score

32.6Low
Household Income20Low
Education Level54Fair
Housing Stress20Low
Core Housing Need38Low
Employment Health60Fair

Neighbourhood Sales

Earl Grey

How to read: Share of sales in each ~$50k price band for “earl grey” (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: #46110412

Community deep dive

$33K

Median household income

$40K

Average household income

40%

Low income (LIM-AT)

0.3

Income inequality (Gini)

6.3

P90 / P10 ratio

74%

Single-person households

4%

Families with children

Population, labour & age

Population (2021)386
Labour force participation rate60%
Median age45.2
Avg household size1.4
Unemployment rate9%
Population density3509 / km²

Households & income

Low income (LIM-AT, % pop.)40%
Single-person households74%
Couple families with children4%
Median household income (2020)$33K

Housing

Renter households77%
Condominium dwellings20%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority24%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 77%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

above average
1,805 sqft
0255075100
Same streetTop 18%Same areaTop 6%CitywideTop 17%
Same street · Nassau Street N
#21 / 114
Top 18% · Avg 1,297 sqft
Same area · Earl Grey
#78 / 1,239
Top 6% · Avg 1,206 sqft
Citywide · Winnipeg
#33,121 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
476k
0255075100
Same streetTop 6%Same areaTop 6%CitywideTop 24%
Same street · Nassau Street N
#7 / 114
Top 6% · Avg 298.5k
Same area · Earl Grey
#75 / 1,239
Top 6% · Avg 319.3k
Citywide · Winnipeg
#46,289 / 194,458
Top 24% · Avg 390.1k

Year Built

below average
1906
0255075100
Same streetBottom 15%Same areaBottom 6%CitywideBottom 2%

Lot Size

above average
4,239 sqft
0255075100
Same streetTop 25%Same areaTop 13%CitywideBottom 30%

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

255 Nassau Street N — 44 amenities found within 500 m, across 7 categories, including 28 dining (nearest 189 m), 1 education (nearest 266 m), 2 healthcare (nearest 309 m).

Search radius
🍽️Dining28
🏫Education1
🏥Healthcare2
🌳Parks5
💪Sports1
Fuel Stations2
Worship5

Crime & Safety

Earl Grey · WPS public data · 2026

Annual incidents

46

2026

vs. city avg

+56%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

63%

Sales History

Sold 12/2020CA$400k–450k
Sold price

Same street

Top 10%

Same area

Top 8%

City-wide

Top 25%

Related homes

Highlights & common questions: 255 Nassau Street N, Winnipeg

Property Overview: 255 Nassau Street N, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This is a classic two-and-a-half storey home in the established Earl Grey neighbourhood, built in 1906. Its key characteristic is offering above-average space, both in its 1,805 sqft living area and on its 4,239 sqft lot, compared to most homes on its street and in the area. The appeal lies in this generous footprint within a mature community, paired with a detached garage. The home presents a solid, unrenovated canvas with a functional basement.

Its statistical profile is telling: while the assessed value ranks highly for the area, the home is notably older than most. This creates a distinct value proposition. It would best suit a buyer who appreciates character and space over modern finishes—specifically, a practical renovator looking for a home with good bones and room to grow, or an investor who sees value in the substantial lot size and the enduring demand in central neighbourhoods. The appeal is less about immediate move-in readiness and more about underlying potential and location.


Frequently Asked Questions

1. What does "above average" for assessed value mean in this context?
It means this home’s official assessed value is higher than most comparable properties on Nassau Street and in Earl Grey. This often reflects the desirable lot size, living space, and location, but it's important to distinguish this from market value, which is determined by current buyer demand.

2. The home is noted as "unrenovated." What should I expect?
You should anticipate original or older building materials, fixtures, and systems consistent with a home of its era. While structurally sound, it likely requires modernizing. This is a key consideration for budgeting and is why the home suits buyers with renovation plans or tolerance for gradual updates.

3. How significant is the age of the home (built 1906)?
It is among the older homes in the area. This typically means charming architectural details but also necessitates careful attention to foundational integrity, plumbing, electrical wiring, and insulation during an inspection. Its longevity also speaks to the durability of its original construction.

4. The lot size is highlighted as a strength. Why is that important?
A lot of over 4,200 sqft in an inner-city neighbourhood like Earl Grey provides valuable outdoor space, potential for gardening, play areas, or future additions like a deck or patio. It also offers a greater sense of privacy and is a finite asset that contributes significantly to the property's long-term value.

5. How does the recent sale history influence the current price?
The home sold in December 2020 for $43,700. This provides a historical benchmark, but the current market value will be driven by today's market conditions, any changes made to the property since then, and how buyers now perceive its potential versus its need for updates.

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