79.5
Good
Property score
79.5
Good
Overall 79.5
Older than most nearby homes
1,550 sqft (top 44%)
Built in 1985 (15 yrs older than avg)
Located in a high-income area
with median household income of ~112k
Transit 56.0
2-min walk to transit with 1 nearby route
Within 500m: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Below average
15 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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79.5 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
421 Grassie Boulevard — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 252 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 17% | Top 32% | Top 21% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 12% | Top 22% | Top 16% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 24% | Bottom 9% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 421 Grassie Boulevard, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home on Grassie Boulevard presents a compelling case for buyers seeking space and value. Its primary appeal lies in its generous, above-average living area (1,550 sq ft) and an exceptionally large, private lot (over 13,385 sq ft), which ranks among the top 4% of properties in the broader Grassie area. Built in 1985, the home is of a solid, established vintage and features both an attached and a detached garage, offering flexible storage or workshop potential.
The property’s value proposition is nuanced. While its assessed value is strong compared to its immediate street and the city overall, it sits around the average for the Grassie neighborhood itself. This suggests you’re acquiring a premium lot and a spacious home without necessarily paying a premium neighborhood price. It would suit a buyer looking for room to grow, garden, or simply enjoy outdoor privacy, and who appreciates the character and established nature of an older community. It’s ideal for those prioritizing land size and interior space over a newer build, and who may see potential in a property with a versatile garage setup.
Frequently Asked Questions
1. What does the sold price history indicate about the property's value trend?
The home has sold three times since 2016, with each successive sale price range being higher than the last. This indicates a consistent upward trend in its market value over the past decade.
2. How does the lot size compare to typical city lots?
The lot is exceptionally large city-wide, ranking in the top 3%. At 13,385 sq ft, it is more than double the size of the average Winnipeg lot (~6,570 sq ft), offering significant outdoor space.
3. Is the home’s assessed value high for the area?
Interestingly, no. While the home ranks well for value on its own street and city-wide, it is positioned around the middle (Top 63%) for the Grassie area. This means you may get more house and land for your dollar here compared to other listings in the neighborhood.
4. What should I consider about the home’s age?
Built in 1985, key components like the roof, windows, and major mechanical systems (furnace, water heater) may be nearing or due for updates. A thorough inspection is advised to budget for any necessary modernizations or maintenance.
5. How can I find out the exact past sold prices?
The listing service provides sold price ranges based on public data. To obtain the exact historical sale figures, you must request them directly via the email link provided on the property page. They provide this information manually, typically by the end of the same business day.
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