Property score
72.4
Good
Overall 72.4 · Smaller than most nearby homes
1,202 sqft (bottom 20%) · Built in 1993 (7 yrs older than avg)
Located in a high-income area with median household income of ~112k
Transit 56.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 dining spots, 1 healthcare facility, and 1 park nearby
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 64%Punjabi · 13%
Past 10 years Grassie sales snapshot (~80% of all data)
454
528k
$376/sqft
2000
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72.4 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: #46110874
$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
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
51 Blue Horizon Cove — 4 amenities found within 500 m, across 3 categories, including 2 dining (nearest 470 m), 1 healthcare (nearest 466 m), 1 parks (nearest 154 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 40% | Top 28% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 51 Blue Horizon Cove, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1993, featuring a renovated basement and an attached garage. With 1,202 sqft of living space, it is a compact property, ranking below average in size for its immediate street and the broader Grassie neighbourhood, but aligning closely with the average Winnipeg home. Its assessed value follows a similar pattern, positioned below local averages but around the middle range city-wide. The lot is also smaller than most in Grassie.
The primary appeal lies in its manageability and recent basement renovation, offering a modernized living space without the upkeep of a larger property. It represents a practical, entry-level opportunity in a mature neighbourhood. This home would suit first-time buyers, downsizers, or investors seeking a straightforward, low-maintenance property. A thoughtful perspective is that its "below average" metrics for the area could translate into a relatively lower purchase price while still providing the stability and amenities of the established Grassie community. It’s a home for practical living rather than prestige.
Section 2: Frequently Asked Questions
1. Is this a small house?
Yes, at 1,202 sqft, it is notably smaller than the typical home on its street and in the Grassie area, but it is very close to the city-wide average. This makes it a compact, efficient layout.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the selling agent to understand the home's full living space and condition.
3. How does the assessed value relate to the likely selling price?
The home is assessed at $432,000. Its last recorded sale was in May 2022 for between $455,000 and $485,000. Market conditions have changed since then, so the current selling price will be influenced by today's market, not these past figures.
4. Who are the typical neighbours?
The home is on a quiet cul-de-sac (Cove). The similar age of homes on the street (averaging 1993) suggests a neighbourhood of long-term residents, offering a stable, settled environment.
5. What are the trade-offs of the smaller lot size?
The 4,862 sqft lot is smaller than most in Grassie. This means less outdoor maintenance and yard work, which is a plus for some. However, it also means less private outdoor space for gardening, play, or expansion compared to neighbouring properties.
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