47 Radley Bay

Grassie, Winnipeg

Property score

60.7

Fair

Overall 60.7 · Smaller and older than most nearby homes

870 sqft (bottom 2%) · Built in 1987 (13 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

Below average

43% smaller than neighborhood avg.

Taon ng Paggawa

Below average

13 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

60.7 is composed by the two sections below.

Property Score

45.2Low
Living Area870 sqft32Low
Taon ng Paggawa198778Good
Lupa4,757 sqft60Fair
Neighbourhood Sales Activity28Low

Community Score

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

Istatistika ng benta ng komunidad

Grassie

How to read: Share of sales in each ~$50k price band for “grassie” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

mas mababa sa average
870 sqft
0255075100
Same streetBottom 4%Same areaBottom 2%CitywideBottom 14%
Same street · Radley Bay
#24 / 25
Bottom 4% · Avg 1,348 sqft
Same area · Grassie
#1,321 / 1,348
Bottom 2% · Avg 1,524 sqft
Citywide · Winnipeg
#167,245 / 194,458
Bottom 14% · Avg 1,342 sqft

Assessed Value

karaniwan
372k
0255075100
Same streetBottom 12%Same areaBottom 6%CitywideTop 46%
Same street · Radley Bay
#22 / 25
Bottom 12% · Avg 420.1k
Same area · Grassie
#1,269 / 1,348
Bottom 6% · Avg 482.7k
Citywide · Winnipeg
#90,068 / 194,458
Top 46% · Avg 390.1k

Taon ng Paggawa

lampas sa average
1987
0255075100
Same streetTop 16%Same areaBottom 24%CitywideTop 25%

Lupa

karaniwan
4,757 sqft
0255075100
Same streetBottom 24%Same areaBottom 22%CitywideBottom 39%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

47 Radley Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 380 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%

Kasaysayan ng Benta

Naibenta 7/2021CA$350k–400k
Presyo ng benta

Parehong kalye

Top 50%

Parehong lugar

Bottom 26%

Buong lungsod

Top 42%
Naibenta 8/2019CA$300k–350k
Presyo ng benta

Parehong kalye

Bottom 10%

Parehong lugar

Bottom 9%

Buong lungsod

Bottom 45%
Naibenta 8/2016CA$300k–350k
Presyo ng benta

Parehong kalye

Bottom 1%

Parehong lugar

Bottom 5%

Buong lungsod

Bottom 40%

Related homes

Mga tampok at karaniwang tanong: 47 Radley Bay, Winnipeg

Property Overview: 47 Radley Bay, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modest, well-maintained bi-level home built in 1987, featuring 870 sqft of living space and a renovated basement. It sits on a standard city lot of just under 5,000 sqft and includes a detached garage. The home’s assessed value is notably lower than many in its immediate neighbourhood and street, positioning it as one of the more accessible entry points into the Grassie area.

Its primary appeal lies in its value proposition and practicality. For a buyer, it represents an opportunity to enter a stable neighbourhood without the premium price tag often associated with larger homes on the same street. The renovated basement adds functional living space, making the home feel larger than its square footage suggests. This property would suit first-time homebuyers, downsizers looking for a manageable footprint without leaving the area, or investors seeking a straightforward rental property in a established community. A less obvious perspective is that its "below average" metrics for the street could offer a buffer against market fluctuations, as it has less room to fall compared to higher-priced neighbouring homes.

Section 2: Frequently Asked Questions

1. Is the price competitive for the area?
Yes. The home’s assessed value is below the average for both Radley Bay and the broader Grassie neighbourhood, suggesting it is priced more accessibly than many comparable properties nearby.

2. How does the home’s size compare to others?
At 870 sqft, the living area is compact and below the average for the street, neighbourhood, and city. However, the renovated basement provides additional finished space, enhancing its livability.

3. What is the history of property value changes?
Available sold price data shows steady increases from 2016 to 2021, with each sale occurring at a higher price range than the previous, indicating a history of appreciating value.

4. Is the lot size a limitation?
The land area is slightly below average for the street but is around the city-wide average. It provides a typical urban yard space—sufficient for gardening or recreation but not expansive.

5. How does the age of the home compare?
Built in 1987, it is newer than the city-wide average for homes. On its own street, it is actually one of the newer properties, which can be an advantage for systems and maintenance timelines.

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