Property score
62.2
Fair
Overall 62.2 · Larger and newer than most nearby homes
1,200 sqft (top 20%) · Built in 1960 (3 yrs newer than avg)
Located in a above-average income area with median household income of ~65k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 15 dining spots, 1 school, 5 healthcare facilitys, and 5 shops nearby
Living Area
Above average
13% larger than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 49%Punjabi · 9%
Past 10 years Grant Park sales snapshot (~80% of all data)
126
360k
$315/sqft
1957
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62.2 is composed by the two sections below.
Property Score
Community Score
Grant Park
How to read: Share of sales in each ~$50k price band for “grant park” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110429
$65K
Median household income
$74K
Average household income
19%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.7
P90 / P10 ratio
22%
Single-person households
24%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
551 Nathaniel Street — 31 amenities found within 500 m, across 7 categories, including 15 dining (nearest 87 m), 1 education (nearest 368 m), 5 healthcare (nearest 176 m).
Grant Park · WPS public data · 2026
Annual incidents
16
2026
vs. city avg
-46%
relative to avg
Year-over-year
▼ -97%
vs. prior year
Primary type
Property
63%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 25% | Bottom 39% | Bottom 36% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 3% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 551 Nathaniel Street in Winnipeg's Grant Park neighborhood presents a practical opportunity. Its key appeal lies in being a solid, renovated baseline home in a well-regarded area. With 1,200 sqft of living space, a renovated basement, and a detached garage, it offers the core features many buyers need. The data reveals a nuanced picture: while the living space is comfortably average for the area, the lot size is notably smaller than most in Grant Park and across the city. Conversely, its assessed value is currently below average for its immediate street, which could signal different things to different buyers. Built in 1960, it is actually among the newer homes on its block.
This property would suit first-time buyers or downsizers seeking an established neighborhood without a premium price tag. It's for those who prioritize interior updates and location over a large yard. The smaller lot means less maintenance but also less private outdoor space—a worthwhile trade-off for some. It may also attract investors or handy buyers who see potential in the value disparity between its assessment and the area average.
Frequently Asked Questions
1. Is the smaller lot size a major drawback?
It depends on your lifestyle. It significantly reduces yard maintenance, which is a plus for many. However, it also means limited space for gardening, play structures, or expansive outdoor entertaining.
2. Why is the assessed value on this street so much lower than the neighbors'?
Assessed values are for municipal tax purposes and consider many factors, including recent sales and home conditions. A below-average assessment on the street can sometimes reflect the smaller lot or interior features not captured in the data, but it doesn't necessarily indicate a problem. It's essential to view the home in person and consider recent market sales.
3. What does "renovated basement" typically mean in a home of this age?
In a 1960s home, this usually indicates functional updates like finished living space, modern flooring, and possibly a refreshed bathroom or laundry area. It's wise to ask for specifics on the renovation's scope, permits, and whether it addressed foundational moisture protection common in older basements.
4. How does the sale history context inform the current price?
The home sold in 2021 and earlier in 2016. The 2021 sale price range was notably higher than the 2016 sale, reflecting broader market increases. Understanding the price it last traded for helps gauge its appreciation and the seller's potential equity position.
5. Who would this home not be ideal for?
It's likely not the best fit for buyers who prioritize a large, private yard, need extensive square footage, or are seeking a home with a modern, open-concept layout typical of new builds. The floor plan may reflect its 1960s origins.
