Property score
73.9
Good
Overall 73.9 · Smaller and older than most nearby homes
1,241 sqft (bottom 24%) · Built in 1968 (32 yrs older than avg)
Located in a high-income area with median household income of ~134k
Transit 56.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby
Living Area
Below average
19% smaller than neighborhood avg.
Year Built
Below average
32 yrs older than neighborhood avg.
Mother tongue
English · 60%Punjabi · 15%
Past 10 years Grassie sales snapshot (~80% of all data)
454
528k
$376/sqft
2000
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73.9 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” (Detached houses (non-condo), 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: #46111252
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
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
470 Grassie Boulevard — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 394 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 | Bottom 34% | Bottom 17% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 470 Grassie Boulevard in Winnipeg’s Grassie neighbourhood presents a specific and compelling value proposition. Its key appeal lies in a substantial, half-acre lot (21,906 sqft), which is notably larger than most properties in the area and citywide. The home itself, built in 1968, is of average size (1,241 sqft) and features a renovated basement and a detached garage. While the house is older than many in the immediate Grassie area, its assessed value is positioned below the neighbourhood average, suggesting potential value relative to the land. This property would suit a buyer who prioritizes outdoor space for gardening, recreation, or future expansion over a modern or large interior. It’s also a practical fit for those comfortable with a home of vintage character who see the renovated basement as a solid foundation for comfortable living.
Frequently Asked Questions
Is the large lot usable, or are there restrictions?
While the listing confirms the exceptional lot size, it’s wise to verify with the city if any portions are designated as environmental reserve or if there are easements that could affect its use for additions, pools, or other structures.
How does the older construction year affect things?
Built in 1968, the home will likely have older building materials and systems. A thorough inspection is crucial to understand the condition of the roof, wiring, plumbing, and insulation, which can impact both comfort and ongoing maintenance budgets.
The assessed value seems low for the area. Why?
The assessed value is below the Grassie neighbourhood average. This typically reflects the home’s older age and modest size compared to newer, larger builds nearby. It can indicate a more affordable entry point into the area, with the lot itself being a significant asset.
What is the neighbourhood character like?
The data shows Grassie has many homes built around the 2000s, suggesting a mix of original and newer properties. The specific street has older homes on average (1984). This points to a possibly established, mature streetscape that may be in a state of gradual renewal.
Are the sold price ranges provided reliable for an offer?
The listed sold price ranges are based on public data estimates. For precise historical sale prices to inform your offer, you must request the exact figures via the provided email service, as the listing explicitly states these ranges are not exact.
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