87.1
Excellent
Property score
87.1
Excellent
Overall 87.1
Smaller but newer than most nearby homes
2,192 sqft (bottom 10%)
Built in 2014
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
Below average
5% smaller than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 64%Punjabi · 13%
Past 10 years Grassie sales snapshot (~80% of all data)
5
445k
$185/sqft
2014
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87.1 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” (Condos, 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 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
435 Grassie Boulevard — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 263 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 10% | Bottom 1% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This condominium at 435 Grassie Boulevard stands out for its generous scale and modern build. Its primary appeal lies in offering substantial space—over 2,100 square feet—which is exceptionally large for a condo, placing it in the top tier of properties citywide. Built in 2014, it provides contemporary construction without the concerns of an older home. The appeal is balanced; while it ranks highly for size and age on its street and across Winnipeg, it is one of the more modestly assessed properties within the immediate Grassie area itself. This suggests a value proposition: significant living space with a relatively efficient tax assessment for a home of its caliber.
It would best suit buyers who prioritize spacious, modern, low-maintenance living, such as empty-nesters downsizing from a large house who don’t want to compromise on room, or professionals seeking a turnkey property with more square footage than a typical apartment-style condo. It’s less suited for those seeking a basement for storage or rental income.
Frequently Asked Questions
How does the property’s value compare to its neighbors?
The assessed value is above average for the street and city, but it is the lowest among the ten comparable properties specifically in the Grassie area. This could indicate a relative value opportunity within a desirable locale.
What does the sold price history show?
The property last sold between $30.5k and $33.5k in October 2017. It’s important to note this is a range based on public data; the exact sale price can be requested directly from the listing source.
Is there a basement?
The listing specifies "Basement: No," meaning this is likely a slab-on-grade or above-ground-only construction, which is a key consideration for storage or utility space.
How modern is the building?
Built in 2014, the structure is relatively new, ranking in the top 20-30% citywide for year built. This typically suggests newer building systems, windows, and exterior materials, potentially reducing near-term repair costs.
Why are there different rankings for street, area, and city?
The rankings provide context. The home is elite for size citywide but average for its immediate area, highlighting that Grassie is a neighborhood of larger, often higher-value homes. This helps buyers understand the property’s position in different market segments.
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