Property score
68.0
Good
Overall 68.0 · Older than most nearby homes
1,218 sqft (bottom 41%) · Built in 1967 (5 yrs older than avg)
Located in a above-average income area with median household income of ~66.5k
Transit 82.0 · 5-min walk to transit with 9 nearby routes · Within 500m: 1 park nearby
Living Area
Near average
14% smaller than neighborhood avg.
Year Built
Below average
5 yrs older than neighborhood avg.
Mother tongue
English · 49%Chinese · 16%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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68.0 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111020
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
691 Grierson Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 444 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 14% | Bottom 16% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 691 Grierson Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 691 Grierson Avenue is a property defined by a compelling contrast between its modest house and its exceptional lot. Built in 1967, the 1,218 sqft home features a renovated basement and a detached garage, presenting a solid, move-in-ready canvas. Its living space and assessed value are consistently around the average for its street, neighborhood, and city, indicating a fairly priced, typical family home.
The true standout feature is the land. With a 14,036 sqft lot, this property ranks in the top 3% in Fort Richmond and the top 2% city-wide for land area. This offers a rare level of outdoor space and privacy for the area, far exceeding what most suburban lots provide. The appeal here lies in the potential: it’s a comfortable home as-is for a buyer seeking space, but the oversized lot presents a unique long-term opportunity for gardening, expansion, or future redevelopment.
This property would best suit pragmatic buyers who see value in land. It’s ideal for a family wanting a large, secure yard for children and pets, or for a homeowner with a vision for future projects like a major garden, workshop, or addition. It’s less about luxury finishes and more about securing a scarce resource—ample land—within a well-established neighborhood.
Section 2: Frequently Asked Questions
1. Is the house itself in good condition?
The listing notes a renovated basement, suggesting updates have been made. As with any home from 1967, a thorough inspection is recommended to assess the condition of major systems like roof, wiring, and plumbing.
2. What makes this property a good value?
The value is primarily in the land-to-house ratio. You are purchasing a home at a typical price point, but with a lot size that is increasingly rare and often comes at a significant premium.
3. What is the neighborhood like?
Fort Richmond is a mature, established neighborhood in Winnipeg. The property’s rankings show it fits squarely within the area’s norms for home size and value, suggesting a stable, residential community.
4. Could the large lot be subdivided?
This is a key question for future potential. Any subdivision would require research into current City of Winnipeg zoning bylaws and regulations, which should be investigated with a real estate professional or directly with the city.
5. Why is the last sold price range (2019) so different from the assessed value?
The sold price from 2019 reflects the market conditions at that time. The current assessed value is for taxation purposes and is often calculated using mass appraisal techniques; it may not reflect the current market value or the unique premium of the oversized lot. Consulting recent comparable sales is essential.
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