715 Grierson Avenue

Fort Richmond, Winnipeg

Property score

63.7

Fair

Overall 63.7 · Smaller than most nearby homes

1,121 sqft (bottom 26%) · Built in 1969 (3 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

21% smaller than neighborhood avg.

Year Built

Below average

3 yrs older 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

63.7 is composed by the two sections below.

Property Score

61.4Fair
Living Area60
1,121 sqftFair
Year Built52
1969Fair
Lot Size74
5,859 sqftGood
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
1,121 sqft
0255075100
Same streetBottom 39%Same areaBottom 26%CitywideBottom 42%
Same street · Grierson Avenue
#37 / 61
Bottom 39% · Avg 1,380 sqft
Same area · Fort Richmond
#1,943 / 2,629
Bottom 26% · Avg 1,421 sqft
Citywide · Winnipeg
#112,522 / 194,458
Bottom 42% · Avg 1,342 sqft

Tax-Assessed Value

around average
392k
0255075100
Same streetBottom 34%Same areaBottom 32%CitywideTop 40%
Same street · Grierson Avenue
#40 / 61
Bottom 34% · Avg 427.7k
Same area · Fort Richmond
#1,795 / 2,629
Bottom 32% · Avg 435.7k
Citywide · Winnipeg
#78,603 / 194,458
Top 40% · Avg 390.1k

Year Built

around average
1969
0255075100
Same streetTop 39%Same areaBottom 39%CitywideTop 49%

Lot Size

around average
5,859 sqft
0255075100
Same streetBottom 7%Same areaBottom 15%CitywideTop 36%

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

715 Grierson Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 335 m).

Search radius
🌳Parks1

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 10/2017CA$350k–400k
Sold price

Same street

Bottom 39%

Same area

Bottom 32%

City-wide

Top 46%

Related homes

Highlights & common questions: 715 Grierson Avenue, Winnipeg

Property Summary: 715 Grierson Avenue, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Fort Richmond is a practical, no-fuss property built in 1969. With 1,121 sqft of living space and a renovated basement, it offers functional living on a single level. The detached garage provides flexible storage or workshop space. Its core appeal lies in its straightforward, manageable size and its position as a solidly average property within its immediate neighborhood and the wider city for both living area and assessed value. This creates a stable, predictable entry point into the market.

The property would suit first-time buyers, downsizers, or investors seeking a low-maintenance footprint. A thoughtful perspective is the lot size: at 5,859 sqft, it is notably smaller than most on Grierson Avenue and in Fort Richmond, which means less yard upkeep but also less private outdoor space. Conversely, this can translate to a more efficient use of land and potentially lower property taxes relative to neighbors with larger plots. The home doesn’t stand out statistically, which can be an advantage for a buyer looking for a fair-value home without premium pricing for exceptional features.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to the area?
The home’s assessed value is around average for both Grierson Avenue and the broader Fort Richmond neighborhood, suggesting it is priced in line with local norms rather than being an outlier.

2. Is the smaller lot size a significant drawback?
It depends on your priorities. The lot is smaller than most in the immediate area, which limits expansive gardening or large outdoor recreation space. However, it also means less maintenance and can contribute to a lower overall property assessment.

3. What does “renovated basement” typically mean for a home of this age?
While specifics should be verified, in a 1969 home this often indicates updated finishes, improved moisture control, and the conversion of original basement space into livable areas like a family room or additional bedrooms.

4. Who might this property not suit?
Buyers seeking a large yard, a modern open-concept layout, or a home that stands above average in size for the street may find this property too compact or conventional.

5. How can I find out the exact historical sale prices?
The listed sale price ranges are based on public data. The exact sold prices are provided upon request via email from the listing service, which they complete manually without using your email for marketing.