40 Al Thompson Drive

Grassie, Winnipeg

Property score

85.7

Excellent

Overall 85.7 · Larger and newer than most nearby homes

1,875 sqft (top 18%) · Built in 2010 (10 yrs newer than avg)

Located in a high-income area with median household income of ~134k

Transit 56.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Above average

23% larger than neighborhood avg.

Year Built

Above average

10 yrs newer 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

85.7 is composed by the two sections below.

Property Score

86.0Excellent
Living Area1,875 sqft89Excellent
Year Built201090Excellent
Lot Size7,032 sqft88Excellent
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
1,875 sqft
0255075100
Same streetTop 20%Same areaTop 18%CitywideTop 14%
Same street · Al Thompson Drive
#4 / 20
Top 20% · Avg 1,622 sqft
Same area · Grassie
#236 / 1,348
Top 18% · Avg 1,524 sqft
Citywide · Winnipeg
#27,854 / 194,458
Top 14% · Avg 1,342 sqft

Tax-Assessed Value

above average
547k
0255075100
Same streetTop 15%Same areaTop 18%CitywideTop 13%
Same street · Al Thompson Drive
#3 / 20
Top 15% · Avg 511.9k
Same area · Grassie
#243 / 1,348
Top 18% · Avg 482.7k
Citywide · Winnipeg
#25,428 / 194,458
Top 13% · Avg 390.1k

Year Built

above average
2010
0255075100
Same streetTop 30%Same areaTop 25%CitywideTop 11%

Lot Size

above average
7,032 sqft
0255075100
Same streetTop 35%Same areaTop 22%CitywideTop 17%

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

40 Al Thompson Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 259 m).

Search radius
🌳Parks2

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 8/2023CA$550k–600k
Sold price

Same street

Top 13%

Same area

Top 11%

City-wide

Top 11%

Related homes

Highlights & common questions: 40 Al Thompson Drive, Winnipeg

Property Overview

40 Al Thompson Drive is a spacious, modern two-storey home in Winnipeg's Grassie neighbourhood. Built in 2010, it offers 1,875 sqft of living space, an attached garage, and a renovated basement, all situated on a generous 7,032 sqft lot. The home’s assessed value is $54,700.

Key Characteristics & Appeal

This home’s primary appeal lies in its above-average size and modern construction relative to its surroundings. With living space ranking in the top 20% on its street and top 14% city-wide, it offers more room than most comparable homes. The 2010 build date means major components are newer, potentially reducing near-term maintenance worries compared to older stock. The renovated basement adds immediate functional space.

Its value is underscored by consistent rankings: it performs well not just on its own street but also within the broader Grassie area and across Winnipeg for living area, assessed value, and land size. This suggests a solid, desirable property rather than one that simply benefits from a high-performing immediate area. The lot size is notably larger than many in Grassie, offering good outdoor space.

This property would suit buyers looking for a move-in ready, spacious family home without the character or renovation challenges of an older property. It’s ideal for those who prioritize modern amenities, a low-maintenance yard, and the potential for basement space, whether for family use, a home office, or guests.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $54,700 is for municipal tax purposes. The last recorded sale was in August 2023 for an estimated $53,500-$56,500, which provides a recent benchmark. Market conditions will determine the final listing and sale prices.

2. What does the "above average" ranking actually mean for a buyer?
The data shows this home consistently outperforms peers. For example, its living area is larger than 86% of similar homes city-wide. This indicates you are getting more physical space for the price point compared to the typical Winnipeg home.

3. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify its current use and compliance with local regulations if considering rental income.

4. What are the implications of the 2010 build year?
A home built in 2010 is modern enough to have contemporary building standards and layouts, but it is now 14 years old. Key components like the roof, HVAC, and major appliances may be nearing the end of their typical lifespans and should be inspected.

5. How does the property’s value hold up in its neighbourhood?
The home ranks in the top 15% for assessed value on its own street and top 18% in Grassie. This suggests it is considered a higher-value property within the community, which can be a positive indicator for long-term value retention.

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