308-3420 Grant Avenue

Elmhurst, Winnipeg

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)

Sold Count

73

Median price

245k

$/sqft

$231/sqft

Avg build year

1996

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Property score

64.0 is composed by the two sections below.

Property Score

53.4Fair
Living Area42
966 sqftLow
Year Built81
1993Excellent
Neighbourhood Sales Activity37
Low

Community Score

80.0Excellent
Household Income79
Good
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need88
Excellent
Employment Health60
Fair

Neighbourhood Sales

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.

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: #46110353

Community deep dive

$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

Population, labour & age

Population (2021)555
Labour force participation rate57%
Median age49.2
Avg household size2.1
Unemployment rate5%
Population density3083 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households34%
Couple families with children23%
Median household income (2020)$87K

Housing

Renter households22%
Condominium dwellings26%
Median dwelling value (owners)$360K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority15%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Punjabi · 3%

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

Rankings

Living Area

around average
966 sqft
0255075100
Same streetTop 43%Same areaBottom 20%CitywideBottom 47%
Same street · Grant Avenue
#196 / 459
Top 43% · Avg 946 sqft
Same area · Elmhurst
#119 / 148
Bottom 20% · Avg 1,140 sqft
Citywide · Winnipeg
#14,294 / 26,841
Bottom 47% · Avg 1,042 sqft

Tax-Assessed Value

around average
192k
0255075100
Same streetBottom 47%Same areaBottom 6%CitywideBottom 35%
Same street · Grant Avenue
#243 / 459
Bottom 47% · Avg 201.7k
Same area · Elmhurst
#139 / 148
Bottom 6% · Avg 274.4k
Citywide · Winnipeg
#17,445 / 26,841
Bottom 35% · Avg 256.1k

Year Built

above average
1993
0255075100
Same streetTop 24%Same areaBottom 38%CitywideTop 45%

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

308-3420 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).

Search radius
🍽️Dining4
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks2
🏦Finance1
Worship1

Crime & Safety

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%

Sales History

Sold 2/2018CA$150k–200k
Sold price

Same street

Bottom 41%

Same area

Bottom 1%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 308-3420 Grant Avenue, Winnipeg

Property Overview & Appeal

This 966 sqft condo, built in 1993, is positioned as a highly efficient and competitively ranked property within its community. Its primary appeal lies in its exceptional value positioning within the Elmhurst neighborhood and greater Winnipeg, ranking in the top tier for its area. The data suggests it outperforms the vast majority of comparable properties in its immediate locale, offering a sense of relative value and stability. The modest size and lack of basement or garage point to a low-maintenance lifestyle, ideal for first-time buyers, downsizers, or investors seeking an affordable entry into a well-ranked area. A thoughtful perspective is that its strong local rankings could indicate a resilient baseline for value, even in a broader market shift, making it a pragmatic rather than aspirational purchase. It suits a buyer whose priority is financial prudence and location-based value over expansive space or luxury amenities.

Frequently Asked Questions

1. What do the ranking percentages actually mean?
They show how this unit compares to other houses in each geographic category. For example, ranking in the top 0% in its community means its assessed value per square foot or similar metric is more favorable than 100% of listed comparables, indicating strong relative value specifically in Elmhurst.

2. Is the lack of a basement or garage a significant drawback?
This depends on lifestyle. It eliminates storage and utility space, which requires thoughtful furnishing and potentially off-site storage. However, it also means zero maintenance for those areas, reducing responsibilities and costs, which can be a positive for those seeking simplicity.

3. The assessed value is higher than the 2018 sale price. What does that indicate?
This is typical, as assessments for tax purposes often trend below market value and change over time. The increase from the 2018 sale price to the current assessment aligns with general market movements over six years, but the final market price is determined by current buyer demand.

4. Who would this property not suit?
It would likely not suit families needing multiple bedrooms and play space, hobbyists requiring workshop or storage areas, or anyone who prioritates private outdoor space, a garage for vehicle protection, or newer building amenities.

5. The community ranking is stronger than the city-wide ranking. Why is that important?
This highlights that the property's appeal is hyper-local. It suggests the unit is a standout value within the desirable Elmhurst area itself, which may offer different advantages (like specific schools or amenities) than Winnipeg on average. It’s a sign to investigate what makes this specific community attractive.