68.3
Good
Property score
68.3
Good
Overall 68.3
Smaller than most nearby homes
1,032 sqft (bottom 5%)
Built in 1990 (10 yrs older than avg)
Located in a high-income area
with median household income of ~112k
Transit 56.0
4-min walk to transit with 1 nearby route
Within 500m: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
32% smaller than neighborhood avg.
Year Built
Below average
10 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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68.3 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
385 Jacques Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 249 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 4% | Bottom 9% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 385 Jacques Avenue, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This single-storey home on a spacious lot presents a specific and practical value proposition. Its key characteristics include a modest 1,032 sqft living area, a fully renovated basement, and a detached garage. Built in 1990, it is a newer construction compared to many Winnipeg homes. The assessed value is notably low relative to the area, which is a defining feature.
The primary appeal lies in its affordability and efficiency. It represents a lower-than-average financial entry point into the Grassie neighborhood, offering a renovated space and a good-sized yard (5,832 sqft) without a premium price tag. This is a home for living, not for status. It would suit first-time buyers seeking a functional starter home with modernized basics, downsizers looking for a manageable single-level layout without a high tax burden, or pragmatic investors attracted by the value gap between its assessed value and area averages. A less obvious perspective is that its "below average" size and assessment on its own street could signal an opportunity for the right buyer—it provides the location benefits without paying for the larger, more expensive homes that define the street's averages.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
While the exact methodology is not public, the assessed value is significantly below averages for Jacques Avenue and Grassie. This typically reflects the home's more modest size and features compared to neighbors, but results in a potentially lower property tax obligation.
2. Is the house smaller than most in Winnipeg?
Yes. At 1,032 sqft, the living area is below the city-wide average. This indicates a compact, efficient layout, which is confirmed by it ranking in the top 71% city-wide—meaning a significant portion of Winnipeg homes are smaller.
3. What does the sold price history indicate?
The home last sold in July 2017 for an estimated range of $30.50k to $33.50k. This historical price is consistent with its current low assessed value and suggests a long-term trend of being a value-oriented property.
4. How does the lot size compare?
The 5,832 sqft lot is around average for both the Grassie area and Winnipeg overall. This means you get a standard, usable yard space for the city, which is a positive given the home's smaller footprint.
5. The data shows it's "below average" on its street in several categories. Is that a concern?
It's a key consideration. This home is not the largest, newest, or highest-valued on Jacques Avenue. This is the source of its affordability. Buyers should view it as a cost-effective way to access the street and neighborhood, not as a direct comparable to the larger, higher-value homes that pull the area averages up.
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