Property score
64.0
Fair
Overall 64.0 · Smaller than most nearby homes
966 sqft (bottom 20%) · Built in 1993 (3 yrs older than avg)
Located in a above-average income area with median household income of ~87k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Below average
3 yrs older than neighborhood avg.
Mother tongue
English · 78%Punjabi · 4%
Past 10 years Elmhurst sales snapshot (~80% of all data)
73
245k
$231/sqft
1996
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64.0 is composed by the two sections below.
Property Score
Community Score
Elmhurst
How to read: Share of sales in each ~$50k price band for “elmhurst” (Condos, 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: #46110353
$87K
Median household income
$114K
Average household income
8%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
34%
Single-person households
23%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
305-3420 Grant Avenue — 11 amenities found within 500 m, across 7 categories, including 4 dining (nearest 216 m), 1 education (nearest 262 m), 1 healthcare (nearest 212 m).
Elmhurst · WPS public data · 2026
Annual incidents
5
2026
vs. city avg
-83%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
80%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 31% | Bottom 25% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 305-3420 Grant Avenue, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This is a well-maintained, 966 sqft condo unit in Elmhurst, built in 1993. Its primary appeal lies in its exceptional value and competitive standing within its immediate area. While the unit itself is a comfortable size, its standout feature is its relative ranking: it places in the top 2% of homes on its street, the top 0% within the Elmhurst community, and the top 0% city-wide for overall value. This suggests it offers more house for your money compared to most alternatives in Winnipeg. The recent sale in December 2023 for $220,000, slightly below its $230,000 assessed value, indicates a stable and realistic market price.
The unit suits first-time buyers seeking an affordable entry into a established neighborhood, or value-focused investors looking for a property with strong fundamental metrics. Its appeal is less about luxury features (it has no basement, garage, or pool) and more about smart, grounded investment in a home that outperforms its peers on a cost-versus-space basis. A thoughtful perspective is that this property represents "efficiency over extravagance"—it’s for those who prioritize financial prudence and proven equity in a neighborhood context over newer construction or premium amenities.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in three areas: its street, the broader Elmhurst community, and all of Winnipeg. For example, being in the "top 0%" in Elmhurst means its assessed value-to-features ratio is estimated to be better than 100% of comparable listings, indicating standout value in that specific area.
2. The building is 33 years old. Should I be concerned about maintenance fees or special assessments?
While the building appears well-maintained, the age makes due diligence on the condo corporation's reserve fund study and financial health essential. Request meeting minutes and financial statements to understand any planned major repairs or historical special assessments.
3. Who would this property NOT be suitable for?
It would not suit buyers who require a garage, private outdoor space, or a brand-new build. It's also less ideal for those needing significant room to grow, as the square footage is below average for the broader community.
4. The recent sale price is below the assessed value. Is that a red flag?
Not necessarily. It often reflects a balanced market negotiation. The close alignment between the sale price ($220K) and assessment ($230K) actually suggests the city's assessment was accurate and the sale was fair market value.
5. Why does it rank so high city-wide if it's only 966 sqft?
The ranking isn't based on size alone. It's a composite metric that likely factors in the sale price and assessed value relative to the home's characteristics and location. Its high ranking signifies that for what you pay, you are getting a competitively positioned asset across the entire city market.
