112 Reg Wyatt Way

Grassie, Winnipeg

Property score

68.1

Good

Overall 68.1 · Newer than most nearby homes

1,481 sqft (top 49%) · Built in 2010 (10 yrs newer than avg)

Located in a above-average income area with median household income of ~64k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby

Living Area

Near average

3% smaller than neighborhood avg.

Year Built

Above average

10 yrs newer than neighborhood avg.

Mother tongue

English · 56%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

68.1 is composed by the two sections below.

Property Score

73.4Good
Living Area1,481 sqft75Good
Year Built201090Excellent
Lot Size4,789 sqft60Fair
Neighbourhood Sales Activity28Low

Community Score

60.1Fair
Household Income66Good
Education Level72Good
Housing Stress12Low
Core Housing Need63Fair
Employment Health52Fair

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: #46111250

Community deep dive

$64K

Median household income

$77K

Average household income

18%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

37%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)2,099
Labour force participation rate59%
Median age35.2
Avg household size2.4
Unemployment rate12%
Population density2186 / km²

Households & income

Low income (LIM-AT, % pop.)18%
Single-person households37%
Couple families with children21%
Median household income (2020)$64K

Housing

Renter households74%
Condominium dwellings3%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority42%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 55%
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
1,481 sqft
0255075100
Same streetBottom 19%Same areaTop 49%CitywideTop 32%
Same street · Reg Wyatt Way
#116 / 143
Bottom 19% · Avg 1,775 sqft
Same area · Grassie
#665 / 1,348
Top 49% · Avg 1,524 sqft
Citywide · Winnipeg
#61,689 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
469k
0255075100
Same streetBottom 8%Same areaBottom 44%CitywideTop 25%
Same street · Reg Wyatt Way
#132 / 143
Bottom 8% · Avg 529.4k
Same area · Grassie
#758 / 1,348
Bottom 44% · Avg 482.7k
Citywide · Winnipeg
#48,724 / 194,458
Top 25% · Avg 390.1k

Year Built

above average
2010
0255075100
Same streetTop 12%Same areaTop 25%CitywideTop 11%

Lot Size

around average
4,789 sqft
0255075100
Same streetBottom 26%Same areaBottom 23%CitywideBottom 39%

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

112 Reg Wyatt Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 304 m).

Search radius
🌳Parks2

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 11/2020CA$350k–400k
Sold price

Same street

Bottom 12%

Same area

Bottom 34%

City-wide

Top 36%

Related homes

Highlights & common questions: 112 Reg Wyatt Way, Winnipeg

Property Overview: 112 Reg Wyatt Way, Grassie, Winnipeg

Key Characteristics & Target Buyer

This home presents a specific value proposition centered on its modern build and efficient footprint. Built in 2010, it is a newer construction compared to most homes in Winnipeg, offering contemporary building standards without the premium of a brand-new build. With 1,481 sqft of living space, it is notably compact for its immediate street and neighborhood, but aligns more closely with the average citywide home size. This efficiency extends to the lot size, which is also more modest locally but average for the city.

Its primary appeal lies in its assessed value positioning. While it ranks below average for value on its own street, it sits above average citywide, suggesting a potentially attractive entry point into a well-regarded neighborhood like Grassie. The home includes an attached garage and a basement (unrenovated), providing functional space and storage. It would suit first-time buyers or downsizers seeking a low-maintenance, modern home in an established area, where they are comfortable with a cozier interior layout in exchange for a newer building and a strategic financial position relative to the broader market.

Frequently Asked Questions

1. Is the assessed value the same as the market value?
No, the assessed value is for municipal tax purposes. The market value is determined by what a buyer is willing to pay. The data shows this home's assessed value is high citywide but lower on its own street, indicating a complex valuation that requires current market analysis.

2. What does "below average" for living area on the street mean practically?
It means this home is physically smaller than most of its direct neighbors. This could translate to lower utility costs and less upkeep, but also less room for a growing family compared to other houses on Reg Wyatt Way.

3. The home sold in late 2020. How relevant is that price today?
The 2020 sale price is a historical data point. Market conditions have likely changed significantly. It's useful for understanding price progression but should not be relied upon as an indicator of current value.

4. What are the implications of an unrenovated basement?
It offers blank-canvas potential for future finishing to add living space, but any renovation would be an additional investment. It also means the mechanical systems and foundation are accessible for inspection.

5. Why does the year built rank so highly?
Winnipeg has a large stock of older homes. Being built in 2010 places this property in the top 11% newest homes citywide, a significant advantage regarding modern materials, building codes, and likely deferred maintenance.

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