Property score
62.0
Fair
Overall 62.0 · Smaller and older than most nearby homes
868 sqft (bottom 1%) · Built in 1987 (13 yrs older than avg)
Located in a high-income area with median household income of ~112k
Transit 64.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 dining spots, 1 healthcare facility, and 2 parks nearby
Living Area
Below average
43% smaller than neighborhood avg.
Year Built
Below average
13 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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62.0 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
406 Grassie Boulevard — 5 amenities found within 500 m, across 3 categories, including 2 dining (nearest 368 m), 1 healthcare (nearest 374 m), 2 parks (nearest 353 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 | Top 44% | Bottom 30% | Top 39% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 10% | Bottom 1% | Bottom 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 406 Grassie Boulevard, Winnipeg
Key Characteristics & Appeal
This bi-level home at 406 Grassie Boulevard presents a practical and affordable entry point into Winnipeg’s Grassie neighbourhood. With 868 sqft of living space, it is notably compact compared to most homes on its street and in the wider area, placing it in a distinct niche. Its key features include a renovated basement and a detached garage. The assessed value is modest, especially relative to the local area, suggesting a lower property tax burden. The lot size of 6,684 sqft is a standout, ranking above average city-wide and offering valuable outdoor space for its home size.
The appeal lies in its efficiency and potential. It suits first-time buyers, downsizers, or investors seeking a manageable property with a solid land base. The renovated basement adds functional living space, while the smaller interior footprint translates to lower maintenance and utility costs. A thoughtful perspective is that this property represents a land-value opportunity; you're acquiring a proportionally large lot with a modest structure, which could appeal to those with long-term renovation or redevelopment plans. It’s a home for those who prioritize outdoor space and financial accessibility over sheer square footage.
Frequently Asked Questions
1. Is the living area too small?
At 868 sqft, the home is significantly smaller than the average in Grassie. It’s best suited for individuals, couples, or small families comfortable with efficient living. The renovated basement provides crucial additional space.
2. Why is the assessed value so much lower than nearby properties?
The assessed value reflects factors like the home's smaller size, age, and market conditions. A lower assessment typically results in lower municipal property taxes, which is a financial advantage for the owner.
3. What does the sold price history indicate?
The available data shows sales in 2016 and 2023, with the price increasing in that period. For the exact sold prices, you can request the information via email from the listing source.
4. How does the lot size compare?
The lot is a key feature. At over 6,600 sqft, it is larger than the typical Winnipeg lot, offering ample yard space for gardens, recreation, or future expansion, which is unusual for a home of this scale.
5. What type of neighbourhood is Grassie?
The provided data compares the home statistically to others in Grassie, which appears to be an established area with a mix of home sizes and values. Further research into local amenities, schools, and transit would be recommended.
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