11 Blue Horizon Cove

Grassie, Winnipeg

Property score

72.4

Good

Overall 72.4 · Smaller than most nearby homes

1,202 sqft (bottom 20%) · Built in 1993 (7 yrs older than avg)

Located in a high-income area with median household income of ~112k

Transit 56.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 dining spots, 1 healthcare facility, and 1 park nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 64%Punjabi · 13%

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

Sold Count

454

Median price

528k

$/sqft

$376/sqft

Avg build year

2000

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Property score

72.4 is composed by the two sections below.

Property Score

66.2Good
Living Area1,202 sqft66Good
Year Built199381Excellent
Lot Size4,895 sqft60Fair
Neighbourhood Sales Activity28Low

Community Score

81.7Excellent
Household Income89Excellent
Education Level54Fair
Housing Stress74Good
Core Housing Need100Excellent
Employment Health90Excellent

Neighbourhood Sales

Grassie

How to read: Share of sales in each ~$50k price band for “grassie” (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: #46110874

Community deep dive

$112K

Median household income

$115K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

11%

Single-person households

44%

Families with children

Population, labour & age

Population (2021)526
Labour force participation rate83%
Median age38.4
Avg household size3.1
Unemployment rate9%
Population density1547 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households11%
Couple families with children44%
Median household income (2020)$112K

Housing

Renter households0%
Condominium dwellings9%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority40%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Punjabi · 13%

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

Rankings

Living Area

around average
1,202 sqft
0255075100
Same streetBottom 7%Same areaBottom 20%CitywideTop 50%
Same street · Blue Horizon Cove
#14 / 15
Bottom 7% · Avg 1,561 sqft
Same area · Grassie
#1,074 / 1,348
Bottom 20% · Avg 1,524 sqft
Citywide · Winnipeg
#97,094 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

above average
471k
0255075100
Same streetTop 40%Same areaBottom 45%CitywideTop 25%
Same street · Blue Horizon Cove
#6 / 15
Top 40% · Avg 466.1k
Same area · Grassie
#742 / 1,348
Bottom 45% · Avg 482.7k
Citywide · Winnipeg
#48,032 / 194,458
Top 25% · Avg 390.1k

Year Built

above average
1993
0255075100
Same streetTop 33%Same areaBottom 36%CitywideTop 21%

Lot Size

around average
4,895 sqft
0255075100
Same streetBottom 47%Same areaBottom 28%CitywideBottom 41%

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

11 Blue Horizon Cove — 4 amenities found within 500 m, across 3 categories, including 2 dining (nearest 415 m), 1 healthcare (nearest 411 m), 1 parks (nearest 187 m).

Search radius
🍽️Dining2
🏥Healthcare1
🌳Parks1

Crime & Safety

Grassie · WPS public data · 2026

Annual incidents

5

2026

vs. city avg

-83%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

60%

Sales History

Sold 10/2022CA$450k–500k
Sold price

Same street

Top 20%

Same area

Top 26%

City-wide

Top 18%
Sold 4/2017CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 14%

City-wide

Bottom 49%

Related homes

Highlights & common questions: 11 Blue Horizon Cove, Winnipeg

Property Overview: 11 Blue Horizon Cove, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Grassie presents a practical and comfortable living opportunity. Its key characteristics include a renovated basement, an attached garage, and a 1993 build that is notably newer than the Winnipeg city-wide average. With 1,202 sqft of living space, the home is cozier than most in its immediate neighbourhood and Grassie area, but aligns closely with the typical size of a Winnipeg home. The lot is a manageable 4,895 sqft.

The appeal lies in its balance of modern updates and established community. The renovated basement adds immediate functional space without the need for initial projects. Its above-average city-wide assessment value suggests a solid investment in a desirable broader market, while the price history indicates steady appreciation. This property would suit first-time buyers or downsizers seeking a low-maintenance, single-level layout in a mature neighbourhood. It’s also a sensible fit for value-conscious buyers who prioritize a move-in-ready condition with a newer building foundation over maximizing square footage.

Section 2: Frequently Asked Questions

1. How does the home's size compare to others?
While the living area is below average for the Grassie area, it is very close to the city-wide average. This suggests a more efficient use of space, potentially leading to lower utility costs and less upkeep.

2. What does the assessed value tell me?
The assessment is above average compared to all Winnipeg homes, indicating the property holds strong value in the broader market. It is on par with homes in its immediate area, suggesting the price is competitive and reflects local norms.

3. Is the lot size a limitation?
At just under 5,000 sqft, the lot is smaller than many in Grassie but is near the city-wide average. It provides ample yard space for gardening or recreation without the demanding maintenance of a much larger plot.

4. What is the significance of the 1993 build year?
Built in 1993, the home is significantly newer than the typical Winnipeg house. This can be an advantage, potentially meaning newer building materials, wiring, and plumbing systems compared to much older stock in the city.

5. How has the property's value changed over time?
Available data shows a clear upward trend. The home sold in the $31.5k-$34.5k range in 2017 and in the $46.5k-$49.5k range in 2022, demonstrating substantial growth over that five-year period.

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