435 Reg Wyatt Way

Grassie, Winnipeg

Property score

82.7

Excellent

Overall 82.7 · Compared with neighbourhood average

1,566 sqft (top 42%) · Built in 2007 (7 yrs newer than avg)

Located in a high-income area with median household income of ~134k

Transit 46.0 · 6-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Near average

3% larger than neighborhood avg.

Year Built

Near average

7 yrs newer than neighborhood avg.

Mother tongue

English · 60%Punjabi · 15%

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

82.7 is composed by the two sections below.

Property Score

81.0Excellent
Living Area1,566 sqft79Good
Year Built200790Excellent
Lot Size9,432 sqft95Excellent
Neighbourhood Sales Activity28Low

Community Score

85.2Excellent
Household Income92Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46111252

Community deep dive

$134K

Median household income

$140K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

7%

Single-person households

49%

Families with children

Population, labour & age

Population (2021)2,020
Labour force participation rate73%
Median age37.6
Avg household size3.4
Unemployment rate4%
Population density1683 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households7%
Couple families with children49%
Median household income (2020)$134K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$428K

Diversity, education & language

Immigrants (share of pop.)31%
Visible minority43%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 60%
Mother tongue (2nd)Punjabi · 15%

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

Rankings

Living Area

above average
1,566 sqft
0255075100
Same streetBottom 27%Same areaTop 42%CitywideTop 27%
Same street · Reg Wyatt Way
#105 / 143
Bottom 27% · Avg 1,775 sqft
Same area · Grassie
#568 / 1,348
Top 42% · Avg 1,524 sqft
Citywide · Winnipeg
#52,613 / 194,458
Top 27% · Avg 1,342 sqft

Tax-Assessed Value

above average
551k
0255075100
Same streetTop 31%Same areaTop 16%CitywideTop 13%
Same street · Reg Wyatt Way
#45 / 143
Top 31% · Avg 529.4k
Same area · Grassie
#221 / 1,348
Top 16% · Avg 482.7k
Citywide · Winnipeg
#24,459 / 194,458
Top 13% · Avg 390.1k

Year Built

above average
2007
0255075100
Same streetBottom 3%Same areaTop 46%CitywideTop 13%

Lot Size

above average
9,432 sqft
0255075100
Same streetTop 6%Same areaTop 9%CitywideTop 7%

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

435 Reg Wyatt Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 115 m).

Search radius
🌳Parks2

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 5/2023CA$550k–600k
Sold price

Same street

Top 20%

Same area

Top 9%

City-wide

Top 10%

Related homes

Highlights & common questions: 435 Reg Wyatt Way, Winnipeg

Property Overview: 435 Reg Wyatt Way, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Grassie presents a practical and value-oriented opportunity. Its key characteristic is a generous 9,432 sqft lot, placing it in the top 10% for land size both on its street and within the wider neighbourhood. This offers significant outdoor space and potential. The 1,566 sqft living area is comfortably above the Winnipeg average, and the home benefits from a renovated basement and an attached garage. Built in 2007, it is a relatively modern structure compared to the city's housing stock.

The appeal lies in its balanced profile: it's a move-in ready, single-level home on a notably large lot without a premium price tag reflected in its assessed value. It suits buyers looking for space to grow—gardening, recreation, or future expansion—without taking on an older home's maintenance. It’s particularly well-suited for downsizers or those seeking single-level living who still desire a substantial yard, or for families prioritizing outdoor space over having the newest home on the block. A thoughtful perspective is that while the home's living area is modest for its immediate street, its superior lot size offers a different kind of value that isn't easily replicated.

Section 2: Frequently Asked Questions

1. How does the property's value compare to the area?
The home's assessed value is above average for both the Grassie neighbourhood and Winnipeg overall, but it ranks as around average for its specific street. This suggests you are paying for the desirable location within Grassie, with the lot size being a key contributor to that value.

2. What does the sold price history indicate?
Public records show it last sold in May 2023 for a price range around the mid-$500ks. For the exact historical sold price, you can request it via email from the listing source.

3. Is the lot size a major advantage?
Yes. The lot is a standout feature, significantly larger than most in the area. This provides ample private outdoor space, potential for landscaping, gardening, or adding amenities like a shed or deck, and may offer better privacy from neighbours.

4. Who would this home not be ideal for?
It may not suit buyers seeking a very large interior footprint relative to their street, as the living area is below the local average. Those wanting a brand-new build or a home with a pool would also need to look elsewhere.

5. What are the implications of the "renovated basement"?
While a positive, it's important to clarify the scope and quality of the renovation, including whether permits were obtained, the finish level, and if it added legal living space or simply improved an existing recreational area. This affects both value and functionality.

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