Property score
79.7
Good
Overall 79.7 · Compared with neighbourhood average
1,637 sqft (top 36%) · Built in 2008 (8 yrs newer than avg)
Located in a high-income area with median household income of ~134k
Transit 64.0 · 1-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby
Living Area
Near average
7% larger than neighborhood avg.
Year Built
Near average
8 yrs newer than neighborhood avg.
Mother tongue
English · 60%Punjabi · 15%
Past 10 years Grassie sales snapshot (~80% of all data)
454
528k
$376/sqft
2000
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79.7 is composed by the two sections below.
Property Score
Community Score
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.
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: #46111252
$134K
Median household income
$140K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
7%
Single-person households
49%
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
1562 Concordia Avenue E — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 212 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 3% | Top 13% | Top 12% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 6% | Top 49% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1562 Concordia Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Grassie presents a compelling mix of modern comfort and strong value. Built in 2008, it offers 1,637 sqft of living space with a renovated basement and an attached garage. Its key appeal lies in its standout assessed value and efficient use of space. While the lot size is more compact compared to area averages, this translates to less exterior maintenance. The home’s living area is generously sized for its neighborhood, ranking in the top 13% on its street.
The property’s financial metrics are particularly notable. It holds an elite "Top 3%" ranking for assessed value on Concordia Avenue E, suggesting it is viewed as a high-value asset relative to its immediate peers. Recent sold price history also indicates strong, above-average market performance. This combination of a modern(ish) build, renovated basement, and robust valuation makes it a practical and financially sound choice.
It would suit buyers looking for a move-in ready home without the upkeep of a large yard, such as young professionals, small families, or downsizers seeking single-level living (main floor primary bedroom) with extra basement space. It’s a property for those who prioritize interior space and value retention over expansive outdoor land.
Section 2: Frequently Asked Questions
1. Is the lot size a disadvantage?
While below the area average, the compact lot means lower maintenance costs and less time spent on yard work. It maximizes the living space on a efficient footprint, which can be a benefit for many lifestyles.
2. How does the assessed value compare to the likely selling price?
The assessed value ($48.5k) is a municipal tax valuation. The home's recent sold price history (e.g., $51.5k-$54.5k in 2023) consistently trends above this figure and above area averages, indicating strong market value.
3. What does the "Top 3%" ranking for assessed value mean?
This means that on its own street, only about 3% of comparable homes have a higher assessed value. It signals that this property is considered a premium asset on Concordia Avenue E, which can be a positive indicator for long-term value.
4. The home is 18 years old. What might need attention?
While modern, a 2008 build means key components like the roof, HVAC system, and major appliances may be nearing or entering their typical replacement windows, so a thorough inspection is advised.
5. What is the neighborhood (Grassie) like for amenities?
Grassie is a residential neighborhood in Winnipeg. Prospective buyers should research proximity to specific schools, transit routes, and shopping corridors, as the data provided focuses on property metrics, not community amenities.
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