445 Grassie Boulevard

Grassie, Winnipeg

Property score

87.9

Excellent

Overall 87.9 · Larger and newer than most nearby homes

2,408 sqft (top 10%) · Built in 2014

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

Transit 56.0 · 3-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Above average

4% larger 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)

Sold Count

5

Median price

445k

$/sqft

$185/sqft

Avg build year

2014

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Property score

87.9 is composed by the two sections below.

Property Score

92.0Excellent
Living Area2,408 sqft96Excellent
Year Built201494Excellent
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” (Condos, 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

Elite
2,408 sqft
0255075100
Same streetTop 2%Same areaTop 10%CitywideTop 1%
Same street · Grassie Boulevard
#1 / 58
Top 2% · Avg 1,125 sqft
Same area · Grassie
#1 / 10
Top 10% · Avg 2,319 sqft
Citywide · Winnipeg
#77 / 26,841
Top 1% · Avg 1,042 sqft

Tax-Assessed Value

Elite
385k
0255075100
Same streetTop 5%Same areaTop 30%CitywideTop 12%
Same street · Grassie Boulevard
#3 / 58
Top 5% · Avg 213.8k
Same area · Grassie
#3 / 10
Top 30% · Avg 372.9k
Citywide · Winnipeg
#3,328 / 26,841
Top 12% · Avg 256.1k

Year Built

above average
2014
0255075100
Same streetTop 26%Same areaTop 30%CitywideTop 20%

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

445 Grassie Boulevard — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 281 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 1/2025CA$400k–450k
Sold price

Same street

Top 6%

Same area

Bottom 40%

City-wide

Top 4%

Related homes

Highlights & common questions: 445 Grassie Boulevard, Winnipeg

Property Summary: 445 Grassie Boulevard, Winnipeg

Section 1: Key Characteristics & Appeal

This condominium at 445 Grassie Boulevard stands out for its exceptionally spacious living area of 2,408 sqft, placing it in the top tier of properties locally. Built in 2014, it offers modern construction in a well-established neighbourhood. The appeal lies in the rare combination of expansive, contemporary interior space with a relatively moderate assessed value. It ranks in the top 1-2% of all Winnipeg homes for size, yet its value assessment sits in a more accessible tier, suggesting a potentially advantageous value proposition for the square footage offered.

This property would ideally suit buyers who prioritize ample indoor living space above all else—such as those needing a home office, multi-generational living arrangements, or simply dislike feeling cramped. It’s a practical choice for someone seeking a modern build without a brand-new price tag, and who values statistical outperformance relative to neighbours and the broader market. The lack of a basement, as noted in the listing, means all living is on a single level, which could be a plus for accessibility or a drawback for those desiring extra storage or utility space.

Section 2: Frequently Asked Questions

1. What does the ranking data actually mean for a buyer?
The rankings show this home is significantly larger than most. It’s in the 99th percentile for living area city-wide, meaning it’s bigger than 99% of comparable Winnipeg homes. This is its most dominant and rare feature.

2. The assessed value is $38.50k, but it sold for $42.5k-$45.5k in 2025. Why the difference?
Municipal assessed value for property tax purposes often lags behind the current market. The recent sale price indicates the actual market value buyers were willing to pay, which in this case was higher than the assessment.

3. What are the implications of having “No Basement”?
All living space is on the main level. This can mean lower utility costs and easier maintenance, but it also limits storage, mechanical system placement, and potential for a secondary living area like a rec room. Your storage needs and preference for stairs should be considered.

4. The home is “above average” for its year built locally. What does that indicate?
On Grassie Boulevard, where many homes are older (average year built ~1993), this 2014 build is among the newer properties. This suggests potentially fewer immediate repairs or updates compared to older neighbours, like roof or window replacements.

5. How reliable are the “exact sold price” figures provided?
The public price history is shown as a range. The service offers to provide the exact sale price via email confirmation from their manual data review, which aims for greater accuracy than automated estimates. They state this is a direct service without marketing spam.

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