36 Dr. Michael K. Grace Lane

Peguis, Winnipeg

Property score

74.4

Good

Overall 74.4 · Smaller but newer than most nearby homes

1,358 sqft (bottom 23%) · Built in 2021 (4 yrs newer than avg)

Located in a high-income area with median household income of ~105k

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 park nearby

Living Area

Below average

16% 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)

Sold Count

887

Median price

505.3k

$/sqft

$321/sqft

Avg build year

2017

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

74.4 is composed by the two sections below.

Property Score

69.8Good
Living Area1,358 sqft71Good
Year Built2021100Excellent
Lot Size2,125 sqft18Low
Neighbourhood Sales Activity89Excellent

Community Score

81.3Excellent
Household Income87Excellent
Education Level72Good
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

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: #46111253

Community deep dive

$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

Population, labour & age

Population (2021)5,276
Labour force participation rate76%
Median age36.4
Avg household size2.9
Unemployment rate7%
Population density2536 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households18%
Couple families with children38%
Median household income (2020)$105K

Housing

Renter households30%
Condominium dwellings4%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority47%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 57%
Mother tongue (2nd)Punjabi · 11%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
1,358 sqft
0255075100
Same streetTop 5%Same areaBottom 23%CitywideTop 38%
Same street · Dr. Michael K. Grace Lane
#1 / 21
Top 5% · Avg 1,342 sqft
Same area · Peguis
#1,244 / 1,619
Bottom 23% · Avg 1,607 sqft
Citywide · Winnipeg
#73,959 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

around average
346k
0255075100
Same streetTop 33%Same areaBottom 3%CitywideBottom 45%
Same street · Dr. Michael K. Grace Lane
#7 / 21
Top 33% · Avg 346.1k
Same area · Peguis
#1,571 / 1,619
Bottom 3% · Avg 488.3k
Citywide · Winnipeg
#107,313 / 194,458
Bottom 45% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetTop 5%Same areaTop 25%CitywideTop 2%

Lot Size

around average
2,125 sqft
0255075100
Same streetTop 43%Same areaBottom 1%CitywideBottom 1%

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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

36 Dr. Michael K. Grace Lane — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 382 m).

Search radius
🌳Parks1

Crime & Safety

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%

Full crime data for Peguis →Winnipeg crime overview →

Sales History

Sold 4/2021CA$300k–350k
Sold price

Same street

Top 40%

Same area

Bottom 7%

City-wide

Bottom 40%

Related homes

Highlights & common questions: 36 Dr. Michael K. Grace Lane, Winnipeg

Property Overview: 36 Dr. Michael K. Grace Lane, Peguis, Winnipeg

Key Characteristics & Appeal

This is a modern, low-maintenance home built in 2021, offering a move-in-ready opportunity with the benefits of a newer build, such as updated systems and modern finishes. With 1,358 sqft of living space, it is notably spacious compared to other homes on its street, ranking in the top 5% locally for size. The assessed value of $346k positions it as an accessible entry point within the broader Peguis area, where average values are significantly higher.

The appeal lies in its balance of contemporary comfort and value. It suits first-time buyers or downsizers seeking a modern home without a premium price tag, and investors looking for a newer property with lower immediate repair risks. A thoughtful perspective is that while the lot size is compact compared to the wider city and area, this translates to less yard upkeep—a potential benefit for those prioritizing interior space and ease of maintenance over extensive outdoor space. Its value standing in the top 97% for the area (meaning it's assessed lower than 97% of Peguis) suggests it may offer relative tax efficiency within a desirable neighbourhood.

Frequently Asked Questions

1. Is this a good value for the neighbourhood?
Based on assessed values, this home is priced well below the Peguis area average, potentially offering good value within the community, especially for a newer build.

2. What does the "top 5%" ranking for living area mean?
On its own street, this home has more living space than 95% of comparable properties. It is one of the larger floor plans in its immediate locale.

3. Are there any concerns with the lot size?
The land area is compact, especially when compared to the broader city. This means smaller private outdoor space but also less maintenance. It’s a typical trade-off for newer subdivisions.

4. How current and reliable is the sold price data?
The listed sold price range from 2021 is based on public data. For fully verified and exact historical transaction figures, you must request a manual lookup via the site's email service.

5. What are the likely ongoing costs for a home of this age?
As a 5-year-old home, major components like the roof, furnace, and appliances are likely still within their expected lifespans, suggesting a period of lower anticipated major repair costs compared to an older home.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.