631 Grierson Avenue

Fort Richmond, Winnipeg

Property score

70.9

Good

Overall 70.9 · Newer than most nearby homes

1,239 sqft (bottom 45%) · Built in 1991 (19 yrs newer than avg)

Located in a above-average income area with median household income of ~66.5k

Transit 100.0 · 1-min walk to transit with 9 nearby routes · Within 500m: 2 sports facilitys, and 1 place of worship nearby

Living Area

Near average

13% smaller than neighborhood avg.

Year Built

Above average

19 yrs newer than neighborhood avg.

Mother tongue

English · 49%Chinese · 16%

Past 10 years Fort Richmond sales snapshot (~80% of all data)

Sold Count

1,068

Median price

445k

$/sqft

$351/sqft

Avg build year

1972

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Property score

70.9 is composed by the two sections below.

Property Score

73.3Good
Living Area66
1,239 sqftGood
Year Built81
1991Excellent
Lot Size91
7,537 sqftExcellent
Neighbourhood Sales Activity78
Good

Community Score

67.2Good
Household Income68
Good
Education Level91
Excellent
Housing Stress20
Low
Core Housing Need88
Excellent
Employment Health42
Low

Neighbourhood Sales

Fort Richmond

How to read: Share of sales in each ~$50k price band for “fort richmond” (Detached houses (non-condo), 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: #46111020

Community deep dive

$67K

Median household income

$76K

Average household income

26%

Low income (LIM-AT)

0.3

Income inequality (Gini)

11.9

P90 / P10 ratio

30%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)983
Labour force participation rate53%
Median age29.4
Avg household size2.4
Unemployment rate13%
Population density1068 / km²

Households & income

Low income (LIM-AT, % pop.)26%
Single-person households30%
Couple families with children21%
Median household income (2020)$67K

Housing

Renter households61%
Condominium dwellings8%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority61%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 48%
Mother tongue (2nd)Chinese · 16%

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

Rankings

Living Area

around average
1,239 sqft
0255075100
Same streetTop 46%Same areaBottom 45%CitywideTop 47%
Same street · Grierson Avenue
#28 / 61
Top 46% · Avg 1,380 sqft
Same area · Fort Richmond
#1,454 / 2,629
Bottom 45% · Avg 1,421 sqft
Citywide · Winnipeg
#90,597 / 194,458
Top 47% · Avg 1,342 sqft

Tax-Assessed Value

above average
469k
0255075100
Same streetTop 23%Same areaTop 21%CitywideTop 25%
Same street · Grierson Avenue
#14 / 61
Top 23% · Avg 427.7k
Same area · Fort Richmond
#555 / 2,629
Top 21% · Avg 435.7k
Citywide · Winnipeg
#48,724 / 194,458
Top 25% · Avg 390.1k

Year Built

Elite
1991
0255075100
Same streetTop 8%Same areaTop 2%CitywideTop 22%

Lot Size

above average
7,537 sqft
0255075100
Same streetBottom 46%Same areaTop 22%CitywideTop 13%

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

631 Grierson Avenue — 3 amenities found within 500 m, across 2 categories.

Search radius
💪Sports2
Worship1

Crime & Safety

Fort Richmond · WPS public data · 2026

Annual incidents

38

2026

vs. city avg

+29%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

55%

Sales History

Sold 7/2019CA$400k–450k
Sold price

Same street

Top 18%

Same area

Top 21%

City-wide

Top 24%

Related homes

Highlights & common questions: 631 Grierson Avenue, Winnipeg

Property Summary: 631 Grierson Avenue, Fort Richmond, Winnipeg

Section 1: Overview & Appeal

This bi-level home at 631 Grierson Avenue presents a practical and well-positioned offering in Fort Richmond. Its key characteristics include a renovated basement, an attached garage, and a 1991 build date, making it one of the newer homes in the area. With 1,239 sqft of living space, it sits around the average size for the neighborhood, but its assessed value ranks consistently above average for the street, area, and city, suggesting a perception of solid value or desirable updates.

The appeal lies in its balance and relative modernity. The 1991 construction is a standout feature, meaning major systems like roofing, windows, and plumbing are likely younger than those in many surrounding homes, potentially reducing near-term maintenance. The renovated basement adds functional living space. The lot size of over 7,500 sqft is generous by city-wide standards, offering good outdoor space.

This property would suit first-time buyers or downsizers seeking a manageable, move-in-ready home without the uncertainties of a much older structure. It’s also a sensible fit for value-conscious buyers who appreciate a home that compares favorably in assessed value to its peers, indicating a strong foundation for equity.

Section 2: Frequently Asked Questions

1. How does the 1991 build date affect this home?
Positively, it typically means newer building materials, insulation standards, and major components (like the roof) than the neighborhood average from the 1960s and 70s. This can translate to better energy efficiency and deferred replacement costs.

2. The assessed value ranks high, but the last sold price seems lower. Why?
The assessed value (for tax purposes) is an estimate of market value by the city. The last sold price from 2019 is a historical figure and reflects the market conditions at that time. The current high ranking suggests the city assesses this property as being above average in value compared to its direct peers today.

3. What is the practical benefit of the above-average lot size?
Beyond simple yard space, a larger lot (7,537 sqft) provides more privacy from neighbors, greater flexibility for gardening, play areas, or future additions like a shed or deck. It’s a feature that becomes increasingly rare closer to the city center.

4. Who might find the bi-level layout challenging?
The split-entry design involves stairs immediately upon entering. This could be a consideration for those with significant mobility concerns or for families with very young children who need constant supervision on stairs.

5. The living area is noted as "around average." Is that a drawback?
Not necessarily. It indicates the home is appropriately sized for the community—neither excessively large nor unusually small. For many buyers, this represents a "right-sized" home that is efficient to heat and maintain without feeling cramped.