348 Jacques Avenue

Grassie, Winnipeg

Property score

76.1

Good

Overall 76.1 · Compared with neighbourhood average

1,300 sqft (bottom 31%) · Built in 1994 (6 yrs older than avg)

Located in a high-income area with median household income of ~112k

Transit 56.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 park nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 64%Punjabi · 13%

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

76.1 is composed by the two sections below.

Property Score

72.3Good
Living Area1,300 sqft71Good
Year Built199481Excellent
Lot Size6,198 sqft81Excellent
Neighbourhood Sales Activity28Low

Community Score

81.7Excellent
Household Income89Excellent
Education Level54Fair
Housing Stress74Good
Core Housing Need100Excellent
Employment Health90Excellent

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: #46110874

Community deep dive

$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

Population, labour & age

Population (2021)526
Labour force participation rate83%
Median age38.4
Avg household size3.1
Unemployment rate9%
Population density1547 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households11%
Couple families with children44%
Median household income (2020)$112K

Housing

Renter households0%
Condominium dwellings9%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority40%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Punjabi · 13%

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

Rankings

Living Area

around average
1,300 sqft
0255075100
Same streetBottom 27%Same areaBottom 31%CitywideTop 42%
Same street · Jacques Avenue
#30 / 41
Bottom 27% · Avg 1,518 sqft
Same area · Grassie
#935 / 1,348
Bottom 31% · Avg 1,524 sqft
Citywide · Winnipeg
#80,875 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
470k
0255075100
Same streetBottom 34%Same areaBottom 44%CitywideTop 25%
Same street · Jacques Avenue
#27 / 41
Bottom 34% · Avg 510.3k
Same area · Grassie
#755 / 1,348
Bottom 44% · Avg 482.7k
Citywide · Winnipeg
#48,354 / 194,458
Top 25% · Avg 390.1k

Year Built

above average
1994
0255075100
Same streetBottom 24%Same areaBottom 37%CitywideTop 20%

Lot Size

above average
6,198 sqft
0255075100
Same streetBottom 49%Same areaTop 34%CitywideTop 27%

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

348 Jacques Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 231 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 2/2024CA$450k–500k
Sold price

Same street

Top 16%

Same area

Top 23%

City-wide

Top 17%
Sold 12/2017CA$300k–350k
Sold price

Same street

Bottom 8%

Same area

Bottom 16%

City-wide

Top 49%

Related homes

Highlights & common questions: 348 Jacques Avenue, Winnipeg

Property Overview: 348 Jacques Avenue, Grassie, Winnipeg

This one-storey home on a spacious lot presents a practical and comfortable living opportunity in Winnipeg's Grassie neighborhood. Its appeal lies in offering solid, renovated fundamentals within a mature community. The home features 1,300 sqft of living space, an attached garage, and a renovated basement. Built in 1994, it is newer than many city-wide comparables. The property sits on a 6,198 sqft lot, providing ample outdoor space. Recent sales history shows significant appreciation, with the latest sale in early 2024 being substantially higher than its 2017 sale price.

Key Characteristics & Ideal Buyer

The home’s key characteristic is its balance. It doesn’t lead its immediate area in size or assessed value but consistently performs above the city-wide average across metrics like lot size, year built, and value. Its renovated basement adds modern livability to the well-proportioned floor plan. The appeal is grounded in a "move-in ready" foundation with room for personalization, set on a generous lot that is a relative luxury compared to many city properties.

This property would suit first-time buyers or downsizers seeking single-level living without compromising on yard space. It’s also a sensible fit for value-oriented buyers who appreciate a home that outperforms the broader city market, suggesting a stable investment in a neighborhood that has seen notable growth. The attached garage and renovated basement add practical appeal for those prioritizing convenience and immediate functionality over high-end finishes.

Frequently Asked Questions

1. How does this home compare to others in the Grassie area?
The home is generally around average for the Grassie neighborhood in terms of living area, assessed value, and year built. Its standout feature locally is its above-average lot size, offering more outdoor space than many nearby properties.

2. What does the sold price history indicate?
The public data shows a considerable increase in value between its 2017 sale and its most recent sale in February 2024. This suggests strong appreciation for the property, though exact sale prices require a direct request to the listing service.

3. Is the basement fully finished?
The listing specifies the basement is renovated, indicating it is a finished, livable space. Specifics on the quality, layout, and permits for this renovation would require further inquiry during a viewing.

4. Who would this property not suit?
It may not suit buyers seeking a brand-new build, a very large interior square footage, or a home that leads its immediate street in premium value. The home offers solid averages and city-wide advantages rather than top-tier status in its direct vicinity.

5. What is the significance of the "above average city-wide" rankings?
While the home is typical for its own street and neighborhood, it scores well against the entire Winnipeg market. This implies you are getting a property with fundamentals—like a newer build year and larger lot—that are better than those of many homes across the city, which can be a positive indicator for long-term value.

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