31 Mcmahon Place

Grassie, Winnipeg

Property score

80.2

Excellent

Overall 80.2 · Older than most nearby homes

1,663 sqft (top 35%) · Built in 1986 (14 yrs older 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: 1 park nearby

Living Area

Near average

9% larger than neighborhood avg.

Year Built

Below average

14 yrs older than neighborhood avg.

Mother tongue

English · 60%Punjabi · 15%

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

80.2 is composed by the two sections below.

Property Score

76.8Good
Living Area1,663 sqft83Excellent
Year Built198678Good
Lot Size5,470 sqft67Good
Neighbourhood Sales Activity28Low

Community Score

85.2Excellent
Household Income92Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46111252

Community deep dive

$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

Population, labour & age

Population (2021)2,020
Labour force participation rate73%
Median age37.6
Avg household size3.4
Unemployment rate4%
Population density1683 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households7%
Couple families with children49%
Median household income (2020)$134K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$428K

Diversity, education & language

Immigrants (share of pop.)31%
Visible minority43%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 60%
Mother tongue (2nd)Punjabi · 15%

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

Rankings

Living Area

above average
1,663 sqft
0255075100
Same streetTop 44%Same areaTop 35%CitywideTop 23%
Same street · Mcmahon Place
#4 / 9
Top 44% · Avg 1,710 sqft
Same area · Grassie
#478 / 1,348
Top 35% · Avg 1,524 sqft
Citywide · Winnipeg
#43,756 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

around average
422k
0255075100
Same streetBottom 1%Same areaBottom 20%CitywideTop 33%
Same street · Mcmahon Place
#9 / 9
Bottom 1% · Avg 498.6k
Same area · Grassie
#1,084 / 1,348
Bottom 20% · Avg 482.7k
Citywide · Winnipeg
#65,035 / 194,458
Top 33% · Avg 390.1k

Year Built

above average
1986
0255075100
Same streetTop 33%Same areaBottom 18%CitywideTop 27%

Lot Size

around average
5,470 sqft
0255075100
Same streetBottom 1%Same areaTop 49%CitywideTop 45%

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

31 Mcmahon Place — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 171 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

31 Mcmahon Place: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 31 Mcmahon Place, Winnipeg

Property Overview: 31 McMahon Place, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This 1986 four-level split home at 31 McMahon Place offers 1,663 sqft of living space on a 5,470 sqft lot. Its key characteristic is a profile of solid averages with specific, strategic advantages. The living area is comfortably above the Winnipeg average, providing more space than many city homes, while the assessed value is notably modest for the Grassie neighbourhood. This creates a value proposition: you get a home with city-above-average interior space at a below-average cost for this specific area.

The appeal lies in this balance and potential. The house presents as a functional, unrenovated canvas with an attached garage. It suits practical buyers looking for a home with generous room to grow into in a stable neighbourhood, without paying a premium for location alone. It’s particularly suited for value-conscious purchasers who prioritize interior square footage over a large yard and see opportunity in a home that hasn’t been updated. A thoughtful perspective is that its lower assessment within the area could signal a more manageable property tax burden relative to its immediate neighbours, an ongoing cost savings that is often overlooked.

Section 2: Frequently Asked Questions

1. How does the property’s value compare?
The home’s assessed value is below the average for both McMahon Place and the wider Grassie area, but aligns closely with the average for the entire City of Winnipeg. This suggests it may be priced more accessibly within its immediate neighbourhood.

2. Is the living space large for the area?
At 1,663 sqft, the living area is near the average for Grassie but ranks above average compared to homes across Winnipeg, indicating you get more interior space than many city properties.

3. What is the significance of the lot size?
The lot is approximately 5,470 sqft. It is the smallest on McMahon Place but is very close to the average lot size for both the Grassie neighbourhood and Winnipeg as a whole, making it typical for the city.

4. What does “four-level split” mean for living?
This style typically means multiple, shorter flights of stairs creating distinct living zones across four half-levels. It offers good separation of space (e.g., quiet bedrooms away from living areas) but involves more interior stairs than a bungalow or two-storey.

5. The home is unrenovated. What should I consider?
This confirms the basement is finished but not updated. It presents both a potential cost for modernization and an opportunity to customize the space to your taste without first undoing someone else’s renovations. Budgeting for updates will be key.

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