46 Radley Bay

Grassie, Winnipeg

Property score

81.2

Excellent

Overall 81.2 · Larger but older than most nearby homes

1,817 sqft (top 22%) · Built in 1986 (14 yrs older than avg)

Located in a high-income area with median household income of ~106k

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

Living Area

Above average

19% larger than neighborhood avg.

Year Built

Below average

14 yrs older than neighborhood avg.

Mother tongue

English · 77%Punjabi · 3%

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

81.2 is composed by the two sections below.

Property Score

79.4Good
Living Area1,817 sqft89Excellent
Year Built198678Good
Lot Size4,901 sqft60Fair
Neighbourhood Sales Activity28Low

Community Score

83.9Excellent
Household Income87Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46110873

Community deep dive

$106K

Median household income

$98K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

16%

Single-person households

33%

Families with children

Population, labour & age

Population (2021)311
Labour force participation rate60%
Median age44.4
Avg household size2.6
Unemployment rate7%
Population density3455 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households16%
Couple families with children33%
Median household income (2020)$106K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority11%
Bachelor's or higher (25–64)36%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Punjabi · 3%

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

Rankings

Living Area

Elite
1,817 sqft
0255075100
Same streetTop 4%Same areaTop 22%CitywideTop 17%
Same street · Radley Bay
#1 / 25
Top 4% · Avg 1,348 sqft
Same area · Grassie
#300 / 1,348
Top 22% · Avg 1,524 sqft
Citywide · Winnipeg
#32,243 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
475k
0255075100
Same streetTop 8%Same areaBottom 48%CitywideTop 24%
Same street · Radley Bay
#2 / 25
Top 8% · Avg 420.1k
Same area · Grassie
#700 / 1,348
Bottom 48% · Avg 482.7k
Citywide · Winnipeg
#46,653 / 194,458
Top 24% · Avg 390.1k

Year Built

above average
1986
0255075100
Same streetBottom 40%Same areaBottom 18%CitywideTop 27%

Lot Size

around average
4,901 sqft
0255075100
Same streetBottom 36%Same areaBottom 29%CitywideBottom 42%

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

46 Radley Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 374 m).

Search radius
🌳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 1/2021CA$350k–400k
Sold price

Same street

Top 30%

Same area

Bottom 33%

City-wide

Top 37%

Related homes

Highlights & common questions: 46 Radley Bay, Winnipeg

Property Overview: 46 Radley Bay, Grassie, Winnipeg

Key Characteristics & Appeal

This 4-level split home, built in 1986, presents a compelling blend of space, value, and location. Its primary strength is its generous 1,817 sqft of living area, which ranks in the top 4% of homes on Radley Bay itself, offering significantly more interior space than most neighbours. The home features a renovated basement and an attached garage. While the lot size is fairly typical for the street, the property's assessed value sits above average for both the immediate area and citywide, suggesting a perception of solid value by municipal assessors.

The appeal lies in its "larger fish in a smaller pond" dynamic. It offers the spaciousness often sought in newer suburbs but within an established, mature neighbourhood. The renovated basement adds modern utility to the well-proven split-level layout. This property would suit buyers looking for a family home with ample room to grow, who value established communities over brand-new construction, and who appreciate a home that stands out in its immediate vicinity for its size relative to its peers. It’s a practical choice for someone who wants more house without necessarily moving to a more expensive or sprawling lot.


Frequently Asked Questions

1. How does the home’s value compare to recent sales?
The home last sold in early 2021 for an estimated range of $365k-$395k. Its current assessed value is $475k, which is above average for the street and city. This indicates significant appreciation, but the exact sale price should be verified to understand the complete market trajectory.

2. Is the lot size a limitation?
At just under 5,000 sqft, the lot is average for Radley Bay but below average for the broader Grassie area. This means smaller yard maintenance, but may offer less private outdoor space than some other homes in the neighbourhood. It balances interior spaciousness with a manageable exterior.

3. What does the "Top X%" ranking actually mean?
These rankings compare this specific property against three groups: its 25 neighbours on Radley Bay, all ~1,348 homes in Grassie, and all ~194,458 homes citywide. For example, its living area is in the top 4% on its own street, meaning it is one of the largest homes in that direct comparison group.

4. What are the implications of a 40-year-old home?
Built in 1986, the home is newer than the Winnipeg average but is now entering a phase where major original components (like the roof, windows, or furnace) may need attention or may have been recently updated. A thorough inspection is key to understanding the condition of these age-related items.

5. Who would this home not suit?
It may not be ideal for buyers seeking a very large yard, a brand-new build with modern layouts, or those sensitive to the potential maintenance of a home from the 1980s. The 4-level split design also involves multiple staircases, which could be a consideration for those with mobility concerns.

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