Property score
68.3
Good
Overall 68.3 · Smaller and older than most nearby homes
1,086 sqft (bottom 9%) · Built in 1989 (11 yrs older 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
29% 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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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
420 Grassie Boulevard — 5 amenities found within 500 m, across 3 categories, including 2 dining (nearest 477 m), 1 healthcare (nearest 482 m), 2 parks (nearest 313 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 29% | Bottom 13% | Bottom 48% |
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 420 Grassie Boulevard in Winnipeg is a practical and compact property. Built in 1989, it features 1,086 sqft of living space and a renovated basement, sitting on a 5,536 sqft lot. It has no garage or pool. The home presents a straightforward, low-maintenance layout.
Key Characteristics & Appeal
The primary appeal of this home lies in its efficiency and recent updates. The renovated basement adds valuable finished space, making the total usable area more flexible than the main floor square footage suggests. Its one-storey design is ideal for those seeking accessibility or who prefer to avoid stairs.
Statistically, the property occupies an interesting position. Its assessed value is modest compared to many homes on its own boulevard and in the broader Grassie area, which could indicate a lower property tax burden or an entry point into the neighbourhood. However, its lot size is significantly smaller than others on Grassie Boulevard, though it is more in line with typical city lots. This suggests a more manageable yard with less upkeep.
This home would best suit first-time buyers, downsizers, or practical investors looking for a turnkey, single-level living space without premium extras. It’s for someone who values a recent renovation over sheer size, and who sees the below-average assessment for the immediate area as a feature, not a drawback—offering potential value in a settled neighbourhood.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or rooms. A viewing is essential to assess the quality, layout, and whether it includes a legal secondary suite or additional bedrooms.
2. How does the smaller lot size impact the property?
While the lot is smaller than many on Grassie Boulevard, it is near the city-wide average. This typically means lower maintenance, but also less private outdoor space and limited potential for expansions like a large addition or garage.
3. The assessed value seems low. Does that affect the selling price?
Not directly. Assessed value is used for calculating property taxes and can be lower than market value. The recent sale history (2023) shows a transaction in the $31.5k-$34.5k range, which is more relevant for understanding current market value.
4. Is this a good option for someone with mobility concerns?
The one-storey design is advantageous. However, buyers should verify there are no steps at entrances and that doorways and bathrooms are configured to meet specific mobility needs.
5. What are the implications of having no garage?
This means all parking will be on-driveway or street. Buyers should consider vehicle security, winter snow removal, and storage needs, as basement or shed storage would be crucial for seasonal items.
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