Property score
64.9
Fair
Overall 64.9 · Smaller and older than most nearby homes
1,062 sqft (bottom 19%) · Built in 1964 (8 yrs older than avg)
Located in a above-average income area with median household income of ~72k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Below average
8 yrs older than neighborhood avg.
Mother tongue
English · 53%Chinese · 15%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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64.9 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: #46111010
$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
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
700 Grierson Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 380 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 | Top 36% | Top 35% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 700 Grierson Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic, one-storey home built in 1964, situated on a notably spacious lot in the established Fort Richmond neighbourhood. With 1,062 sqft of living space and a renovated basement, it offers functional, no-frills living. Its key appeal lies in its generous 7,002 sqft land area, which is well above the Winnipeg city-wide average, providing significant outdoor space and potential in a mature community.
The home’s assessed value is modest compared to others on its street and in Fort Richmond, suggesting it may present an accessible entry point into the area. The detached garage adds practical utility. This property would best suit a first-time buyer, an investor, or a downsizer looking for a manageable footprint without sacrificing yard size. Its value is grounded in the land and location rather than the size or modernity of the dwelling, offering a canvas for future updates or simply enjoying a larger-than-typical lot in a convenient university-area neighbourhood.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The assessed value is below the average for both Grierson Avenue and the wider Fort Richmond area, while the lot size is significantly larger than the city average. This indicates you are paying more for the land than the structure, which is a common dynamic in older, established neighbourhoods.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent, as renovations can range from cosmetic updates to full legal suites or significant family room additions.
3. Is the lot size a potential advantage?
Yes. The lot is in the top 17% city-wide for size. This not only allows for more private outdoor space but also provides flexibility for future additions, landscaping projects, or even subdivision potential, subject to city zoning bylaws.
4. The home is described as "around average" in size for the city. Who would it suit?
At just over 1,000 sqft above ground, the living space is compact. It would suit individuals, couples, or small families comfortable with efficient living, especially if the renovated basement provides additional usable space. It may feel cramped for those accustomed to larger, open-concept modern layouts.
5. What is the significance of the sold price history shown?
The data shows a sale in March 2021 in the $38.5k-$41.5k range, which is close to the current assessed value. This provides a recent benchmark, but market conditions have likely shifted since. The listing service offers to provide the exact sold price upon request, which is a useful data point for understanding market trends and formulating an offer.
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