75.3
Good
Property score
75.3
Good
Overall 75.3
Smaller but newer than most nearby homes
1,332 sqft (bottom 20%)
Built in 2021 (4 yrs newer than avg)
Located in a high-income area
with median household income of ~105k
Transit 94.0
2-min walk to transit with 4 nearby routes
Within 500m: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 58%Punjabi · 12%
Past 10 years Peguis sales snapshot (~80% of all data)
887
505.3k
$321/sqft
2017
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75.3 is composed by the two sections below.
Property Score
Community Score
Peguis
How to read: Share of sales in each ~$50k price band for “peguis” (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: #46111253
$105K
Median household income
$113K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
18%
Single-person households
38%
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
32 Dr. Michael K. Grace Lane — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 372 m).
Peguis · WPS public data · 2026
Annual incidents
15
2026
vs. city avg
-49%
relative to avg
Year-over-year
▼ -91%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 30% | Bottom 3% | Bottom 35% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview: 32 Dr. Michael K. Grace Lane, Winnipeg
Key Characteristics & Buyer Appeal
This home presents a compelling mix of modern convenience and relative value within Winnipeg’s Peguis neighborhood. Its primary appeal lies in being a nearly new build (2021) that stands out for its age both on its street and city-wide, suggesting minimal immediate maintenance and modern building standards. With 1,332 sqft of living space, it offers a practical footprint that is very close to the city average, suitable for a small family, couple, or an investor.
A thoughtful perspective is its position as a value proposition within its immediate area. While its assessed value ($342k) is average for its street, it ranks in the top 98% for the broader Peguis neighborhood, meaning it is assessed significantly below the area average of $488k. This could indicate a more affordable entry point into the neighborhood. The lot size (2,716 sqft) is above average for the street but smaller than typical for the area and city, pointing to a lower-maintenance yard—a plus for some, a drawback for others.
This property would suit first-time buyers or downsizers seeking a modern, move-in-ready home without a premium price tag. It also appeals to the practical buyer who prioritizes a newer build and efficient layout over a large lot or estate-sized property.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
Its assessed value of $342k is around average for its specific street but is notably below the broader Peguis neighborhood average. This suggests it may offer more square footage and newer construction for the dollar compared to many area homes.
2. What does the "nearly new" build year mean for me?
Built in 2021, the home is likely under warranty for major components and built to recent building codes. It should have higher energy efficiency and require less near-term spending on big-ticket repairs like roofing or HVAC compared to older stock.
3. Is the lot size a concern?
At just over 2,700 sqft, the lot is smaller than many in Winnipeg. This means less outdoor maintenance and gardening, which is a benefit for those seeking simplicity. However, it offers limited space for expansions, large decks, or extensive private landscaping.
4. What is the history of sold prices for this home?
Public records indicate it last sold between $250k-$300k in January 2021. For fully verified and exact historical transaction figures, a manual records lookup is required, which the listing service can provide upon request.
5. How does the living space feel in context?
At 1,332 sqft, the living area is very close to the Winnipeg average. It’s a efficient size that ranks as "around average" on its street and city-wide, but "below average" for the Peguis neighborhood specifically, where homes tend to be larger. This reinforces its position as a more compact, manageable option in the area.
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