Property score
60.0
Fair
Overall 60.0 · Smaller and older than most nearby homes
882 sqft (bottom 3%) · Built in 1986 (14 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 56.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 park nearby
Living Area
Below average
42% smaller than neighborhood avg.
Year Built
Below average
14 yrs older than neighborhood avg.
Mother tongue
English · 77%Punjabi · 3%
Past 10 years Grassie sales snapshot (~80% of all data)
454
528k
$376/sqft
2000
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60.0 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: #46110873
$106K
Median household income
$98K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
16%
Single-person households
33%
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
1638 Concordia Avenue E — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 330 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 | Bottom 6% | Bottom 2% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1638 Concordia Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This 1986 bi-level home at 1638 Concordia Avenue E in Grassie presents a practical and affordable entry point into the Winnipeg market. Its key characteristics include 882 sqft of living space, a renovated basement, a detached garage, and a 4,341 sqft lot.
The primary appeal lies in its value proposition. The home’s assessed value is modest, positioning it well below the average for the Grassie neighbourhood and on par with the wider city average. This creates an opportunity for first-time buyers or investors seeking a lower-cost property with renovation potential or stable rental prospects. The renovated basement adds functional living space, a significant asset in a smaller home.
The property would suit buyers prioritizing lot ownership and location over square footage. While the living area is compact compared to nearby homes, the lot size is average for the immediate street, offering outdoor space. It’s a pragmatic choice for a minimalist household, a hands-on buyer comfortable with updating an older home, or an investor looking at the long-term fundamentals of a property with a very low tax assessment base.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 882 sqft, the living area is notably smaller than most homes in Grassie and on Concordia Avenue E. However, the renovated basement effectively expands the usable space. This layout suits smaller households or those who value efficient, low-maintenance living.
2. Why is the assessed value so much lower than neighbouring areas?
The assessed value of $35,400 is significantly lower than the Grassie neighbourhood average. This typically reflects the home’s smaller size, older age (1986), and the specific market valuations for similar properties on this street. It results in relatively lower property taxes, which is a key ongoing cost savings.
3. What does the sale history indicate?
The home sold in October 2017 for an estimated range of $27.5k to $30.5k. The increase to its current assessed value suggests market appreciation. For an exact historical sold price, you can request the information via email from the listing source.
4. How does the year built (1986) compare?
Built in 1986, the home is older than most on its street and in Grassie, but is actually newer than the average Winnipeg home. Buyers should consider the condition of major 40-year-old components, like the roof and windows, which may need attention or updating.
5. Are there comparable properties to consider?
The listing suggests nearby properties on Concordia Avenue E and homes with similar assessed values in other neighbourhoods like Elmhurst and Varsity View. This indicates that at this price point, buyers may be comparing different areas and home conditions, making a direct neighbourhood comparison less critical than overall value.
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