Property score
63.0
Fair
Overall 63.0 · Smaller and older than most nearby homes
1,102 sqft (bottom 25%) · Built in 1965 (7 yrs older than avg)
Located in a above-average income area with median household income of ~66.5k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Below average
7 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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63.0 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
707 Grierson Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 366 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 11% | Bottom 15% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 707 Grierson Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Fort Richmond is a practical property that presents a clear value proposition. Built in 1965, its key characteristic is its renovated basement, adding functional living space to the 1,102 sqft footprint. The home sits on a 5,858 sqft lot, which is notably smaller than many in the immediate area but is close to the city-wide average. Its assessed value is significantly below the averages for both the street and the neighbourhood, suggesting a potentially lower entry point for buyers.
The appeal lies in its renovated condition, the efficiency of a single-level layout, and its location in the established, convenient Fort Richmond community. It suits first-time homebuyers seeking an affordable foothold in a desirable area, downsizers looking for manageable living without a complex layout, or value-focused investors. A less obvious perspective is that the smaller lot could mean lower maintenance costs and less yard work, which some buyers may see as a benefit rather than a drawback. The data indicates you are paying primarily for the home itself and its updates, not for excess land.
Section 2: Frequently Asked Questions
1. What does the assessed value tell me about the listing price?
The assessed value of $34,700k is a municipal valuation for tax purposes and is typically below market value. However, its ranking in the bottom 10% for the street and neighbourhood suggests this property may be priced more accessibly than many comparable homes in Fort Richmond.
2. How does the lot size impact this property?
At 5,858 sqft, the lot is smaller than most on Grierson Avenue and in Fort Richmond. This means less outdoor space but also potentially lower maintenance. It’s a trade-off that prioritizes the home and its renovations over expansive yard space.
3. The home sold in early 2021. What can that history indicate?
The recorded sale in the $30,500k-$33,500k range provides a recent benchmark. Market conditions and any subsequent renovations to the basement will influence the current value, but this history offers a grounded starting point for understanding the property’s price trajectory.
4. Who might this home not be suitable for?
It may not suit buyers who prioritize a large yard, need extensive above-ground square footage, or require garage parking. The one-storey design with a basement also means all main living areas are on one level.
5. What are the immediate neighbours like?
The listing shows several homes on the same block (699 to 715 Grierson Avenue), indicating a tightly knit, established streetscape with very close proximity between houses, which is common for the era and area.
