Property score
65.4
Good
Overall 65.4 · Smaller than most nearby homes
913 sqft (bottom 3%) · Built in 2007 (7 yrs newer than avg)
Located in a high-income area with median household income of ~112k
Transit 64.0 · 1-min walk to transit with 1 nearby route · Within 500m: 2 dining spots, 1 healthcare facility, and 2 parks nearby
Living Area
Below average
40% smaller than neighborhood avg.
Year Built
Near average
7 yrs newer 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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65.4 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
387 Grassie Boulevard — 5 amenities found within 500 m, across 3 categories, including 2 dining (nearest 417 m), 1 healthcare (nearest 419 m), 2 parks (nearest 275 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 20% | Bottom 7% | Bottom 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 2007-built bi-level home at 387 Grassie Boulevard offers a practical, low-maintenance living option in Winnipeg. With 913 square feet of living space and a renovated basement, it presents a compact and efficient layout. The home sits on a modest, city-average lot and includes a detached garage. Its assessed value is notably below average for the immediate Grassie neighbourhood, yet it ranks around average when compared to the wider city, suggesting a value proposition within its local context. The home’s modern build year is a standout feature, being newer than most homes on its street and across Winnipeg.
Key Characteristics & Appeal
The primary appeal of this property lies in its balance of modernity and affordability. As a younger home in a mature area, it likely offers updated building systems and materials without the premium of a brand-new construction. Its below-average size and lot make it a candidate for buyers seeking lower utility costs, less upkeep, and a simpler footprint. The renovated basement adds valuable functional space.
This home would suit first-time buyers, downsizers, or investors looking for a modern, entry-level property with a solid foundation. It’s less suited for those needing ample indoor or outdoor space. A thoughtful perspective is that its "below-average" metrics for the neighbourhood could represent an opportunity to get into a newer build at an accessible price point, trading sheer space for modern efficiency.
Frequently Asked Questions
1. Is the living space too small?
At 913 sqft, the living area is below average for both the street and neighbourhood. It’s a compact home best suited for individuals, couples, or small families who prioritize efficient living over spaciousness.
2. Why is the assessed value so much lower than neighbouring homes?
The assessed value of $37,700 is below the Grassie neighbourhood average. This typically reflects the home’s smaller size and lot dimensions compared to others in the area, not necessarily its condition, especially given its modern build year and renovations.
3. What are the benefits of a 2007 build year?
A home built in 2007 benefits from contemporary construction standards, materials, and building codes. This can translate to better energy efficiency, updated electrical and plumbing systems, and potentially fewer major maintenance concerns in the near term compared to much older homes.
4. What does "renovated basement" include?
The listing notes a renovated basement but does not specify the scope. Interested buyers should inquire about the finishes, permits, and whether it includes added bedrooms, a legal suite, or simply finished living space.
5. How does the detached garage impact the property?
A detached garage offers useful storage or parking but may be less convenient during Winnipeg winters compared to an attached garage. Its condition and size should be verified, as it represents additional maintenance separate from the house.
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