632 Grierson Avenue

Fort Richmond, Winnipeg

Property score

87.1

Excellent

Overall 87.1 · Larger and newer than most nearby homes

2,165 sqft (top 7%) · Built in 2022 (50 yrs newer than avg)

Located in a above-average income area with median household income of ~72k

Transit 92.0 · 3-min walk to transit with 9 nearby routes · Within 500m: 1 school, 1 park, 2 sports facilitys, and 1 place of worship nearby

Living Area

Above average

52% larger than neighborhood avg.

Year Built

Above average

50 yrs newer than neighborhood avg.

Mother tongue

English · 53%Chinese · 15%

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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

87.1 is composed by the two sections below.

Property Score

94.5Excellent
Living Area94
2,165 sqftExcellent
Year Built100
2022Excellent
Lot Size95
9,041 sqftExcellent
Neighbourhood Sales Activity78
Good

Community Score

75.9Good
Household Income72
Good
Education Level100
Excellent
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health60
Fair

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: #46111010

Community deep dive

$72K

Median household income

$106K

Average household income

18%

Low income (LIM-AT)

0.4

Income inequality (Gini)

6.4

P90 / P10 ratio

34%

Single-person households

10%

Families with children

Population, labour & age

Population (2021)853
Labour force participation rate60%
Median age33.6
Avg household size2.2
Unemployment rate7%
Population density325 / km²

Households & income

Low income (LIM-AT, % pop.)18%
Single-person households34%
Couple families with children10%
Median household income (2020)$72K

Housing

Renter households26%
Condominium dwellings72%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority51%
Bachelor's or higher (25–64)60%
Mother tongue (1st)English · 53%
Mother tongue (2nd)Chinese · 14%

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

Rankings

Living Area

above average
2,165 sqft
0255075100
Same streetTop 13%Same areaTop 7%CitywideTop 7%
Same street · Grierson Avenue
#8 / 61
Top 13% · Avg 1,380 sqft
Same area · Fort Richmond
#183 / 2,629
Top 7% · Avg 1,421 sqft
Citywide · Winnipeg
#14,058 / 194,458
Top 7% · Avg 1,342 sqft

Tax-Assessed Value

Elite
740k
0255075100
Same streetTop 2%Same areaTop 3%CitywideTop 3%
Same street · Grierson Avenue
#1 / 61
Top 2% · Avg 427.7k
Same area · Fort Richmond
#67 / 2,629
Top 3% · Avg 435.7k
Citywide · Winnipeg
#5,954 / 194,458
Top 3% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 1%

Lot Size

above average
9,041 sqft
0255075100
Same streetTop 16%Same areaTop 11%CitywideTop 8%

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

632 Grierson Avenue — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 474 m), 1 parks (nearest 472 m).

Search radius
🏫Education1
🌳Parks1
💪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 6/2017CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 632 Grierson Avenue, Winnipeg

Property Overview

632 Grierson Avenue is a modern, one-storey home in Winnipeg's Fort Richmond neighbourhood. Built in 2022, it stands out for its generous scale and premium valuation within its local context. The home features 2,165 sqft of living space, an attached garage, and a renovated basement. It sits on a large, approximately 9,000 sqft lot. The data indicates this is a property that ranks in the top tier of its immediate area and the wider city for size, assessed value, and newness.

Key Characteristics & Appeal

The primary appeal of this home lies in its combination of modern construction and above-average space. As a near-new build (2022), it offers contemporary building standards, energy efficiency, and minimal immediate maintenance worries. Its living area is notably larger than typical comparables on its street, in Fort Richmond, and city-wide, placing it in the top 7-13% for size. The lot size is also substantially larger than the city average, providing ample outdoor space.

Its assessed value of $740,000 is elite for the area (top 2-3%), reflecting its premium positioning. This isn't a starter home; it suits buyers looking for a move-in ready, modern property with room to grow, who value the low-maintenance aspect of a new build combined with the established community feel of Fort Richmond. It would particularly appeal to professionals, small families seeking single-level living, or downsizers who don't want to compromise on space or modern amenities.

A less obvious perspective is the value of its "data pedigree." The home isn't just large; it consistently ranks in the elite percentiles across multiple metrics (size, value, age) compared to hundreds of thousands of city properties. This statistical standing can be a significant factor for value-conscious and research-driven buyers.

Frequently Asked Questions

1. Is this a brand-new build?
No, the home was built in 2022, making it approximately four years old. It offers the benefits of modern construction without being a pre-construction or just-completed project.

2. Why is the assessed value so high compared to nearby homes?
The assessed value of $740,000 reflects the home's newness, large size (both living area and lot), and recent renovations. Data shows it ranks in the top 3% of homes in Fort Richmond by assessed value, indicating it is considered a premium property for the area.

3. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand if it's a finished living space, a suite, or has specific upgrades.

4. How does the living space compare to an average Winnipeg home?
The home's 2,165 sqft of living area is significantly above average. It ranks in the top 7% city-wide, where the average comparable home is about 1,342 sqft.

5. Can I get the exact historical sale price instead of the range shown?
Yes. The exact sold price from its last transaction (June 2017, shown as a range) is available by request. You can provide your email to the listing service to receive the precise figure manually, as they do not publish it directly on the page.