3432 Grant Avenue

Elmhurst, Winnipeg

Property score

72.9

Good

Overall 72.9 · Larger but older than most nearby homes

1,206 sqft (top 26%) · Built in 1988 (8 yrs older than avg)

Located in a above-average income area with median household income of ~87k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Above average

6% larger than neighborhood avg.

Year Built

Below average

8 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

72.9 is composed by the two sections below.

Property Score

68.1Good
Living Area66
1,206 sqftGood
Year Built78
1988Good
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

above average
1,206 sqft
0255075100
Same streetTop 13%Same areaTop 26%CitywideTop 26%
Same street · Grant Avenue
#58 / 459
Top 13% · Avg 946 sqft
Same area · Elmhurst
#39 / 148
Top 26% · Avg 1,140 sqft
Citywide · Winnipeg
#7,006 / 26,841
Top 26% · Avg 1,042 sqft

Tax-Assessed Value

above average
255k
0255075100
Same streetTop 17%Same areaTop 31%CitywideTop 41%
Same street · Grant Avenue
#79 / 459
Top 17% · Avg 201.7k
Same area · Elmhurst
#46 / 148
Top 31% · Avg 274.4k
Citywide · Winnipeg
#10,999 / 26,841
Top 41% · Avg 256.1k

Year Built

around average
1988
0255075100
Same streetTop 33%Same areaBottom 9%CitywideTop 48%

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

3432 Grant Avenue — 11 amenities found within 500 m, across 7 categories, including 4 dining (nearest 181 m), 1 education (nearest 258 m), 1 healthcare (nearest 161 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 8/2021CA$200k–250k
Sold price

Same street

Top 22%

Same area

Bottom 44%

City-wide

Top 49%

Related homes

Highlights & common questions: 3432 Grant Avenue, Winnipeg

Property Overview: 3432 Grant Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated Elmhurst home, built in 1988, presents a practical and comfortable living space of 1,206 sqft. Its key feature is a finished basement, adding valuable flexible space for recreation, a home office, or guest accommodation. While it lacks a garage, its standout strength is its exceptional positional value within its immediate area. The data shows it ranks in the top 2% of homes on its street for lot size and surpasses every other home in its wider community and all of Winnipeg for this metric, suggesting a more generous or better-proportioned outdoor space than nearly all comparable properties.

The appeal lies in this combination of a solid, move-in-ready footprint with a highly desirable location within established neighborhoods. It suits first-time buyers seeking a home with room to grow without the maintenance of an older property, or downsizers looking for a manageable single-level layout (with the basement offering extra space). It’s also a smart candidate for value-focused buyers who prioritize land and location—key drivers of long-term appreciation—over flashy upgrades. The 2021 sale price provides a transparent, recent benchmark for market comparison.

Section 2: Frequently Asked Questions

1. What does the "lot size ranking" actually mean?
The rankings indicate that this property's land area is larger than 98% of homes on its street, 100% in Elmhurst, and 100% across Winnipeg. This doesn't specify the exact dimensions but clearly signals a lot size that is a significant asset relative to almost all other properties.

2. The home ranks lower for assessed value in the community. Is that a concern?
Not necessarily. This suggests the municipal assessment is conservative compared to neighboring homes. It can be a positive, potentially indicating a slightly lower property tax burden than some nearby houses, while the strong sale history and superior lot size rankings point to its market value.

3. Is the lack of a garage a major drawback?
It depends on the buyer's needs. The finished basement can offset some storage needs. For many, the trade-off of a larger lot and prime location may outweigh the absence of a garage, especially if adding a shed or carport is feasible.

4. The home is 38 years old. What should I be mindful of?
While not a historic home, key systems like the roof, windows, furnace, and plumbing may be reaching or have reached their typical lifespans. A thorough inspection is advised to understand the condition and timing of any potential updates.

5. How does the 2021 sale price relate to the current asking price?
The $235,000 sale in 2021 provides a recent market anchor. Comparing the current asking price to that figure, while considering market changes and the property’s standout lot size ranking, helps gauge the seller's pricing perspective and value added since purchase.