Property score
64.7
Fair
Overall 64.7 · Smaller and older than most nearby homes
985 sqft (bottom 4%) · Built in 1989 (11 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
35% smaller than neighborhood avg.
Year Built
Below average
11 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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64.7 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
416 Grassie Boulevard — 5 amenities found within 500 m, across 3 categories, including 2 dining (nearest 446 m), 1 healthcare (nearest 451 m), 2 parks (nearest 321 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 41% | Bottom 39% | Top 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 416 Grassie Boulevard in Winnipeg is a compact, efficiently laid-out property. Its key appeal lies in being an affordable entry point into the market, particularly for those prioritizing location and a renovated basement over sheer square footage. With 985 sqft of living space, it is notably smaller than most homes on its own street and in the broader Grassie area, but it compares more evenly to the Winnipeg citywide average. The home was built in 1989, making it newer than many comparable properties in the city. It sits on a roughly 5,500 sqft lot, which is smaller than others on Grassie Boulevard but typical for many Winnipeg neighbourhoods. A key updated feature is the renovated basement. The property includes a detached garage.
This home would best suit first-time buyers, downsizers, or investors looking for a manageable, lower-maintenance property. Its below-average size and assessed value for the immediate area make it a practical option for budget-conscious buyers who want to live on a specific boulevard without the premium price tag of its larger neighbours. It’s a home for those who value a modernized living space and a newer build year over expansive room sizes.
Frequently Asked Questions
Is this a small house?
Yes, at 985 sqft, it is smaller than most homes on Grassie Boulevard and in the Grassie area. However, its size is much closer to the Winnipeg citywide average, making it a typically sized home for many neighbourhoods.
What does the "renovated basement" include?
The listing confirms the basement has been renovated, but the specific scope of work (e.g., finishes, legal suite potential, moisture control) is not detailed. This would be a key point to clarify with the seller or through a viewing.
How does the assessed value relate to the likely selling price?
The home's assessed value is $36,400. The most recent sold price range (Feb 2025) was $37.5k - $40.5k, indicating the market price is very close to its assessed value. This suggests a stable, predictable valuation.
Who might this property not suit?
It may not be ideal for growing families needing multiple bedrooms or ample living space, or for buyers who prioritize a large yard. The lot size is significantly smaller than the street average.
Why is the home newer than many in Winnipeg?
Built in 1989, it is newer than the citywide average benchmark year of 1966. This can be an advantage, potentially meaning newer building materials, electrical systems, and less immediate need for major updates common in older homes.
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