Property score
72.5
Good
Overall 72.5 · Smaller than most nearby homes
1,137 sqft (bottom 13%) · Built in 1997 (3 yrs older than avg)
Located in a high-income area with median household income of ~112k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 healthcare facility, and 1 park nearby
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 64%Punjabi · 13%
Past 10 years Grassie sales snapshot (~80% of all data)
454
528k
$376/sqft
2000
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72.5 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: #46110874
$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
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
274 Jacques Avenue — 4 amenities found within 500 m, across 3 categories, including 2 dining (nearest 372 m), 1 healthcare (nearest 372 m), 1 parks (nearest 259 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 36% | Top 38% | Top 24% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 40% | Bottom 32% | Top 38% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 20% | Bottom 19% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 274 Jacques Avenue, Grassie, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1997, featuring a renovated basement and an attached garage. With 1,137 sqft of living space, it is a more compact option on its street and in the immediate Grassie neighbourhood, but it sits close to the city-wide average for home size. Its true standout feature is its financial profile. The property’s assessed value is notably strong city-wide, ranking in the top 27%, which suggests a valuation that has held up well compared to many Winnipeg homes. This is paired with a very generous 6,247 sqft lot, which is above average for the city, offering ample outdoor space.
The appeal here is one of balance and practicality. It suits first-time buyers or downsizers looking for a manageable, modern layout without a sprawling footprint, but who still value a large yard. The renovated basement adds flexible living space. From an investment perspective, its above-average city-wide assessment and consistent historical sold price growth indicate a property in steady demand. It’s a home that offers a private outdoor retreat on a sizable lot, while the numbers suggest a history of stable value in the broader market.
Frequently Asked Questions
1. Is the living area too small for the neighbourhood?
While the home is below the average size for Jacques Avenue and Grassie, it is very close to the Winnipeg city-wide average. This can be an advantage for those seeking efficient, easier-to-maintain spaces without paying for square footage they don’t need.
2. What does the “above average” city-wide assessed value mean for me?
It generally indicates that the property’s official valuation is strong compared to most homes in Winnipeg. This can be a positive sign for equity and resale value, but it’s important to review recent comparable sales for the most accurate current market picture.
3. How recent is the basement renovation?
The listing confirms the basement is renovated, but the specific date and scope of the work are not provided. This would be a key question for the seller or their agent to understand the quality and extent of the updates.
4. The home sold several times in the last decade. Is that a concern?
The sold price history shows steady appreciation from 2016 to 2023, which is typically a positive sign of a desirable property in a moving market. The turnover may reflect typical life changes of previous owners rather than an issue with the home itself.
5. Who would this property suit best?
It’s an excellent fit for pragmatic buyers: first-time homeowners who want a large yard and a modern, manageable home; downsizers looking to maintain garden space without a large house to care for; or value-focused buyers attracted by the solid assessment and lot size combination.
