43 Blue Horizon Cove

Grassie, Winnipeg

Property score

74.2

Good

Overall 74.2 · Compared with neighbourhood average

1,346 sqft (bottom 36%) · Built in 1995 (5 yrs older than avg)

Located in a high-income area with median household income of ~112k

Transit 56.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 dining spots, 1 healthcare facility, and 1 park nearby

Living Area

Below average

12% smaller than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 64%Punjabi · 13%

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

74.2 is composed by the two sections below.

Property Score

69.2Good
Living Area1,346 sqft71Good
Year Built199581Excellent
Lot Size4,864 sqft60Fair
Neighbourhood Sales Activity28Low

Community Score

81.7Excellent
Household Income89Excellent
Education Level54Fair
Housing Stress74Good
Core Housing Need100Excellent
Employment Health90Excellent

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: #46110874

Community deep dive

$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

Population, labour & age

Population (2021)526
Labour force participation rate83%
Median age38.4
Avg household size3.1
Unemployment rate9%
Population density1547 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households11%
Couple families with children44%
Median household income (2020)$112K

Housing

Renter households0%
Condominium dwellings9%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority40%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Punjabi · 13%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,346 sqft
0255075100
Same streetBottom 20%Same areaBottom 36%CitywideTop 39%
Same street · Blue Horizon Cove
#12 / 15
Bottom 20% · Avg 1,561 sqft
Same area · Grassie
#868 / 1,348
Bottom 36% · Avg 1,524 sqft
Citywide · Winnipeg
#75,331 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
428k
0255075100
Same streetBottom 1%Same areaBottom 21%CitywideTop 32%
Same street · Blue Horizon Cove
#15 / 15
Bottom 1% · Avg 466.1k
Same area · Grassie
#1,061 / 1,348
Bottom 21% · Avg 482.7k
Citywide · Winnipeg
#62,865 / 194,458
Top 32% · Avg 390.1k

Year Built

above average
1995
0255075100
Same streetTop 7%Same areaBottom 39%CitywideTop 20%

Lot Size

around average
4,864 sqft
0255075100
Same streetBottom 33%Same areaBottom 27%CitywideBottom 41%

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

43 Blue Horizon Cove — 4 amenities found within 500 m, across 3 categories, including 2 dining (nearest 482 m), 1 healthcare (nearest 478 m), 1 parks (nearest 127 m).

Search radius
🍽️Dining2
🏥Healthcare1
🌳Parks1

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 5/2024CA$450k–500k
Sold price

Same street

Top 40%

Same area

Top 27%

City-wide

Top 19%

Related homes

Highlights & common questions: 43 Blue Horizon Cove, Winnipeg

Property Overview: 43 Blue Horizon Cove, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Grassie presents a practical opportunity. With 1,346 sqft of living space, a renovated basement, and an attached garage, it offers the core features of a functional family home. Built in 1995, it is notably newer than many Winnipeg homes and is the newest on its street, suggesting potentially fewer major age-related concerns in the near term.

Its primary appeal lies in its value positioning. The home's assessed value is below average for both its immediate street and the broader Grassie neighbourhood, yet it sits around the city-wide average. This indicates a property that may offer more accessible entry into a stable area without the premium of a newer subdivision. The lot size, while slightly below the neighbourhood average, is still a good-sized urban parcel.

This property would best suit first-time buyers or downsizers seeking a move-in-ready, low-maintenance home in an established community. It’s a sensible choice for those who prioritize a modern(ish) build year and practical layout over above-average square footage or a premium lot. A thoughtful perspective is that while the home ranks lower on its own street for size and value, it represents the more affordable tier in a seemingly consistent area, which can be a smart, grounded purchase strategy.

Section 2: Frequently Asked Questions

1. Is this house a good value compared to others on the street?
Data suggests it is one of the more affordable homes on Blue Horizon Cove, with both its living area and assessed value ranking below the street's average. This could represent a value opportunity if the renovated basement and newer build year meet your needs.

2. How does the property size compare to the neighbourhood?
The home's footprint is slightly below the Grassie average for living space and land area. Buyers should consider if the 1,346 sqft layout and under-5,000 sqft lot meet their space requirements, balanced against the advantage of a newer construction year.

3. What does the sold price history indicate?
The home sold in May 2024 for an estimated $45.5k to $48.5k. This recent sale provides a concrete, current benchmark for its market value, showing it transacted close to its assessed value.

4. What are the less obvious considerations?
While newer than most city homes, it is now 30 years old; attention should be paid to original components like the roof, windows, and HVAC. Additionally, being the newest on the block could be a long-term advantage for maintenance costs, but may also mean less immediate opportunity for significant property value surge from neighbourhood renewal.

5. Who are the comparable nearby properties?
The listing shows similar assessed values on various streets across Winnipeg, but the most relevant comparisons are the direct neighbours on Blue Horizon Cove. Reviewing their specs can give the clearest sense of what this price point provides within this specific micro-area.

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