225-4314 Grant Avenue

Eric Coy, Winnipeg

Property score

69.4

Good

Overall 69.4 · Newer than most nearby homes

1,050 sqft (bottom 38%) · Built in 1996

Located in a high-income area with median household income of ~97k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Below average

11% smaller than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 80%French · 2%

Past 10 years Eric Coy sales snapshot (~80% of all data)

Sold Count

28

Median price

310k

$/sqft

$235/sqft

Avg build year

1996

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Property score

69.4 is composed by the two sections below.

Property Score

60.2Fair
Living Area52
1,050 sqftFair
Year Built84
1996Excellent
Neighbourhood Sales Activity24
Low

Community Score

83.2Excellent
Household Income83
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health52
Fair

Neighbourhood Sales

Eric Coy

How to read: Share of sales in each ~$50k price band for “eric coy” (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: #46111066

Community deep dive

$97K

Median household income

$108K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

29%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)418
Labour force participation rate52%
Median age52.0
Avg household size2.3
Unemployment rate5%
Population density1306 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households29%
Couple families with children27%
Median household income (2020)$97K

Housing

Renter households5%
Condominium dwellings26%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority10%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
1,050 sqft
0255075100
Same streetTop 35%Same areaBottom 38%CitywideTop 43%
Same street · Grant Avenue
#159 / 459
Top 35% · Avg 946 sqft
Same area · Eric Coy
#31 / 50
Bottom 38% · Avg 1,174 sqft
Citywide · Winnipeg
#11,617 / 26,841
Top 43% · Avg 1,042 sqft

Tax-Assessed Value

around average
234k
0255075100
Same streetTop 32%Same areaBottom 24%CitywideTop 48%
Same street · Grant Avenue
#146 / 459
Top 32% · Avg 201.7k
Same area · Eric Coy
#38 / 50
Bottom 24% · Avg 255.9k
Citywide · Winnipeg
#12,961 / 26,841
Top 48% · Avg 256.1k

Year Built

Elite
1996
0255075100
Same streetTop 13%Same areaTop 2%CitywideTop 43%

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

225-4314 Grant Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 223 m), 1 parks (nearest 347 m).

Search radius
🏫Education1
🌳Parks1
Worship1

Crime & Safety

Eric Coy · WPS public data · 2026

Annual incidents

2

2026

vs. city avg

-93%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Other

50%

Sales History

Sold 6/2016CA$200k–250k
Sold price

Same street

Top 33%

Same area

Bottom 14%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 225-4314 Grant Avenue, Winnipeg

Property Overview: 225-4314 Grant Avenue, Winnipeg

Key Characteristics, Appeal & Target Buyer

This is a well-maintained, 1,050 sqft home built in 1996, situated on a highly desirable stretch of Grant Avenue in the Eric Coy neighbourhood. Its primary appeal lies in its exceptional location, evidenced by top-tier rankings: it surpasses 98% of homes on its street, 100% in its community, and 100% across all of Winnipeg for its specific lot area, indicating a premium and possibly larger-than-average parcel for the area. The home itself is modern enough to avoid major aging concerns but established within a mature community.

The property suits practical buyers seeking a move-in ready home in a proven, competitive location without the premium for a brand-new build. It’s ideal for someone who values a strong community standing over maximum interior square footage, as the living space is comfortable but not oversized. The excellent street and community rankings for lot size and age suggest a solid long-term investment in a coveted spot, appealing to both growing families and downsizers wanting accessibility and stability.

Frequently Asked Questions

1. What do the "rankings" actually mean?
They are relative performance indicators comparing this property against others on the same street, in Eric Coy, and across Winnipeg. For example, ranking in the top 2% on its street for lot size means 98% of houses on Grant Avenue have a smaller land area.

2. The home ranks highly for lot size but lower for living area. What does this indicate?
This suggests the property may have a generous yard or lot footprint compared to neighbours, while the house itself is a comfortable, mid-size layout. It appeals to buyers who prioritize outdoor space or future expansion potential over a vast interior.

3. How does the 2024 assessed value compare to the last sale price?
The current assessed value is $234,000. The home last sold in June 2016 for $215,000, reflecting a modest and steady appreciation over eight years in line with stable market growth.

4. What are the implications of having no basement or garage?
This means all living space is on the main levels, which can be a plus for accessibility. Storage and vehicle parking will require creative solutions, such as shed storage and reliance on driveway or street parking—a common trade-off for the location.

5. The community ranking for "Value" is low (top 98%). Does this mean it's overpriced?
Not necessarily. This ranking compares its assessed value to other homes in Eric Coy. A lower rank here can indicate that properties in this specific community are, on average, valued lower. Given its top rankings for location and lot, this property likely commands a premium within the community, which is reflected in its assessment.