Grassie, Winnipeg - September 2026 Real Estate Report

Grassie, Winnipeg: Your Neighbour Just Listed. Here Is What You Need to Know.

If you have been watching the "For Sale" signs pop up in Grassie this season, here is the honest picture. The market is not on fire, but it is not stalling either. It is doing something more interesting - holding its ground while a lot of other Winnipeg neighbourhoods wobble. Let's break it down.

The Vibe: Houses vs. Condos in Grassie

For houses, we are sitting in a stable, buyer-friendly zone right now. The average sale price is $512,700, and listings are coming in around $509,900. Homes are selling at 97.90% of list price, which means buyers are getting a small discount - but sellers are not getting crushed. Properties are moving in an average of 24 days, which is actually faster than nearby Eaglemere at 34 days. That tells us demand in Grassie is real and consistent.

• Average HonestDoor Price (Houses): $536,449
• Average Sale Price: $512,700
• Current Listings Average: $509,900
• Price Per Square Foot: $380
• Sale-to-List Ratio: 97.90%
• Average Days on Market: 24
• Transactions in 2026: 23
• Rental Estimate: $2,678 per month
• Rental Yield: 5.54%

On the condo side, we are seeing a bit more softness. The HonestDoor Price for condos has dipped 4.75% from the previous period to $517,233. The predicted value sits at $543,036, which is nudging up from the 3-month moving average of $542,023 - so the floor may be close. Rental estimates for condos are actually strong at $2,918 per month, though the rental yield comes in at a more moderate 3.68%. Growth rank for condos is 134 out of 175 Winnipeg neighbourhoods, which puts us in below-average territory for that segment right now.

• Average HonestDoor Price (Condos): $517,233 (down 4.75%)
• Predicted Market Value (Condos): $543,036
• Rental Estimate (Condos): $2,918 per month
• Rental Yield (Condos): 3.68%
• Condo Growth Rank: 134 out of 175 Winnipeg neighbourhoods

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is the thing about your city assessment - it is a snapshot from the past. By the time it lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual transaction data and current market signals. For Grassie houses, the HonestDoor Price of $536,449 is notably higher than the average sale price of $512,700. That gap is information. It suggests the assessed value on your tax notice is likely trailing what your home could actually fetch today.

The predicted market value for houses is $547,672, sitting above the 3-month moving average of $544,322. Values have nudged up 0.42% recently. That is not explosive growth, but it is movement in the right direction. Your city assessment is not telling you that. HonestDoor is.

On the neighbourhood leaderboard, Grassie houses rank 62 out of 187 Winnipeg neighbourhoods for price - that is above average. For days on market, we rank 23 out of 71, meaning homes here sell faster than most. Growth rate sits at 79 out of 191, placing Grassie in the above-average tier for appreciation. Compared to nearby Springfield South with an average HonestDoor Price of $420,052, Grassie is holding a clear premium.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Grassie and you are thinking about listing this summer, the timing is not bad. Homes are selling in 24 days on average, buyers are active, and your predicted value is trending upward. The sale-to-list ratio of 97.90% means you will likely need to price sharp - but you are not giving the place away.

The honest advice: do not anchor your expectations to your last tax assessment. Pull your HonestDoor Price first. With a predicted value of $547,672 and a rental yield of 5.54%, you have a strong story to tell buyers - whether they want to live here or rent it out.

If you own a condo, the picture calls for a bit more patience. Values are stabilizing after a 4.75% dip, and the growth rank of 134 out of 175 means this segment is taking a breather. That does not mean do not sell - it means price it right from day one and lean on the rental income story. At $2,918 per month in estimated rent, there is a real investor audience for your unit.

Bottom line for Grassie: houses are the stronger play right now. Check your HonestDoor Price, compare it to what is listed on your street, and make a move based on today's numbers - not last year's paperwork.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.