Property score
70.7
Good
Overall 70.7 · Smaller and older than most nearby homes
1,125 sqft (bottom 13%) · Built in 1960 (40 yrs older than avg)
Located in a high-income area with median household income of ~134k
Transit 52.0 · 12-min walk to transit with 3 nearby routes
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
40 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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70.7 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
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%
648 Grassie Boulevard: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This one-storey home on Grassie Boulevard is defined by its exceptionally large, 90,377 sqft lot, placing it in the top tier for land size within its street, neighbourhood, and the entire city. The house itself is a modest 1,125 sqft bungalow built in 1960, featuring a detached garage and an unrenovated basement. Its appeal lies squarely in the rare opportunity for land ownership and future potential. The very low assessed value reflects the current state of the dwelling, making this a property where the land is the primary asset.
It would best suit a buyer with a vision for the future, such as someone looking for a multi-generational living setup with space to add a secondary dwelling, an investor or builder eyeing redevelopment, or a hobbyist or homesteader desiring extensive outdoor space. It’s a practical choice for those willing to invest in updates over time, trading immediate modern finishes for long-term lot size and privacy that is increasingly hard to find.
Frequently Asked Questions
1. What does the assessed value indicate?
The assessed value of $44,400 is significantly lower than typical area homes, which primarily reflects the age and condition of the existing structure rather than the market value of the property as a whole. The true value is heavily weighted toward the land itself.
2. Is the lot usable as-is, or are there restrictions?
While the lot size is a major feature, prospective buyers should verify zoning bylaws with the city to understand exactly what can be built or placed on the land, such as the potential for a secondary suite, outbuildings, or a future new home.
3. How does the house compare to nearby properties?
The home is older and more modest in size than many in the broader area. Comparable assessed values in other neighbourhoods often point to similar property types: older homes on sizable lots where the land value is a key component.
4. What are the immediate priorities for maintenance or renovation?
Given the year built (1960) and the note of an unrenovated basement, buyers should budget for essential systems updates (like roof, plumbing, electrical) and consider moisture management for the basement. The home presents a blank canvas for improvements.
5. Who might be competing for this property?
Given its unique profile, interest could come from two distinct groups: first-time buyers or downsizers attracted by the lower price point who are comfortable with a project, and developers or land-bank investors specifically targeting large lots for future potential.
