3 Radley Bay

Grassie, Winnipeg

Property score

67.9

Good

Overall 67.9 · Smaller and older than most nearby homes

1,027 sqft (bottom 5%) · Built in 1986 (14 yrs older than avg)

Located in a high-income area with median household income of ~106k

Transit 64.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 park nearby

Living Area

Below average

33% 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)

Sold Count

454

Median price

528k

$/sqft

$376/sqft

Avg build year

2000

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Property score

67.9 is composed by the two sections below.

Property Score

57.2Fair
Living Area1,027 sqft52Fair
Year Built198678Good
Lot Size4,961 sqft60Fair
Neighbourhood Sales Activity28Low

Community Score

83.9Excellent
Household Income87Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46110873

Community deep dive

$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

Population, labour & age

Population (2021)311
Labour force participation rate60%
Median age44.4
Avg household size2.6
Unemployment rate7%
Population density3455 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households16%
Couple families with children33%
Median household income (2020)$106K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority11%
Bachelor's or higher (25–64)36%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Punjabi · 3%

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

Rankings

Living Area

below average
1,027 sqft
0255075100
Same streetBottom 8%Same areaBottom 5%CitywideBottom 29%
Same street · Radley Bay
#23 / 25
Bottom 8% · Avg 1,348 sqft
Same area · Grassie
#1,283 / 1,348
Bottom 5% · Avg 1,524 sqft
Citywide · Winnipeg
#138,467 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
386k
0255075100
Same streetBottom 28%Same areaBottom 9%CitywideTop 42%
Same street · Radley Bay
#18 / 25
Bottom 28% · Avg 420.1k
Same area · Grassie
#1,223 / 1,348
Bottom 9% · Avg 482.7k
Citywide · Winnipeg
#81,862 / 194,458
Top 42% · Avg 390.1k

Year Built

above average
1986
0255075100
Same streetBottom 40%Same areaBottom 18%CitywideTop 27%

Lot Size

around average
4,961 sqft
0255075100
Same streetBottom 44%Same areaBottom 30%CitywideBottom 43%

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

3 Radley Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 252 m).

Search radius
🌳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 10/2021CA$350k–400k
Sold price

Same street

Bottom 40%

Same area

Bottom 23%

City-wide

Top 44%

Related homes

Highlights & common questions: 3 Radley Bay, Winnipeg

Property Overview: 3 Radley Bay, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-maintained bi-level home built in 1986, offering 1,027 sqft of living space on a roughly 5,000 sqft lot. Its key features include a renovated basement and a detached garage. The home’s primary appeal lies in its position as a competitively priced and manageable property within the established Grassie neighbourhood. While its living space is below the average for the immediate area, this translates to a lower assessed value, presenting an accessible entry point.

The property would suit first-time buyers or downsizers seeking a solid, no-fuss home without a premium price tag. It’s for those who value a renovated basement for extra living space and prefer the flexibility of a detached garage. A thoughtful perspective is that this home represents a "value-consistent" purchase—its metrics (size, value, year built) consistently hover around or below the local averages, suggesting it’s priced accordingly without unexpected premiums, which can be a prudent find in a stable neighbourhood.

Section 2: Frequently Asked Questions

1. Is the home significantly smaller than others nearby?
Yes. At 1,027 sqft, the living area ranks in the bottom 10% for the Grassie area, meaning most comparable homes nearby are larger. This is a key factor in its accessible pricing.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and the nature of the renovations (e.g., cosmetic updates versus structural changes).

3. How does the assessed value compare to recent sale prices?
The home is currently assessed at $38,600. For reference, it last sold in late 2021 for an estimated $34,500–$37,500. This suggests the assessment is relatively aligned with its recent market value.

4. What are the implications of a detached garage?
A detached garage offers flexibility for workshops or storage separate from the house but requires going outdoors to access. It may also present different insurance considerations or future redevelopment potential for the lot compared to an attached structure.

5. Is the property older than most in Winnipeg?
Interestingly, no. While it is older than many homes in the broader Grassie area, citywide, a 1986 build date is actually newer than about 73% of Winnipeg homes. It represents a middle-ground in terms of overall city housing stock age.

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