117-3907 Grant Avenue

Varsity View, Winnipeg

Property score

65.0

Good

Overall 65.0 · Larger and newer than most nearby homes

1,042 sqft (top 11%) · Built in 1978

Located in a high-income area with median household income of ~92k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 2 schools, 1 healthcare facility, and 1 shop nearby

Living Area

Above average

11% larger than neighborhood avg.

Taon ng Paggawa

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 77%Tagalog · 3%

Past 10 years Varsity View sales snapshot (~80% of all data)

Sold Count

45

Median price

151.3k

$/sqft

$181/sqft

Avg build year

1978

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Property score

65.0 is composed by the two sections below.

Property Score

56.0Fair
Living Area52
1,042 sqftFair
Taon ng Paggawa67
1978Good
Neighbourhood Sales Activity42
Low

Community Score

78.4Good
Household Income81
Excellent
Education Level82
Excellent
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health76
Good

Istatistika ng benta ng komunidad

Varsity View

How to read: Share of sales in each ~$50k price band for “varsity view” (Mga 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: #46111103

Community deep dive

$92K

Median household income

$131K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

29%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)659
Labour force participation rate62%
Median age44.4
Avg household size2.4
Unemployment rate0%
Population density2353 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households29%
Couple families with children30%
Median household income (2020)$92K

Housing

Renter households32%
Condominium dwellings16%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority10%
Bachelor's or higher (25–64)44%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Tagalog · 3%

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

Mga ranggo

Living Area

lampas sa average
1,042 sqft
0255075100
Same streetTop 39%Same areaTop 11%CitywideTop 44%
Same street · Grant Avenue
#177 / 459
Top 39% · Avg 946 sqft
Same area · Varsity View
#8 / 76
Top 11% · Avg 936 sqft
Citywide · Winnipeg
#11,872 / 26,841
Top 44% · Avg 1,042 sqft

Assessed Value

lampas sa average
202k
0255075100
Same streetTop 44%Same areaTop 13%CitywideBottom 39%
Same street · Grant Avenue
#203 / 459
Top 44% · Avg 201.7k
Same area · Varsity View
#10 / 76
Top 13% · Avg 174.9k
Citywide · Winnipeg
#16,298 / 26,841
Bottom 39% · Avg 256.1k

Taon ng Paggawa

Elite
1978
0255075100
Same streetTop 36%Same areaTop 1%CitywideBottom 34%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

117-3907 Grant Avenue — 11 amenities found within 500 m, across 6 categories, including 4 dining (nearest 109 m), 2 education (nearest 222 m), 1 healthcare (nearest 273 m).

Search radius
🍽️Dining4
🏫Education2
🏥Healthcare1
🛒Shopping1
🌳Parks2
🏦Finance1

Crime & Safety

Varsity View · WPS public data · 2026

Annual incidents

6

2026

vs. city avg

-80%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

83%

Kasaysayan ng Benta

117-3907 Grant Avenue: Wala kaming ipinapakitang kasaysayan ng bentahan batay lamang sa pampublikong datos; hindi ibig sabihin na walang bentahan noon. Puwede pa ring humiling sa email sa seksyong “Data notes” sa ibaba—hahanapin namin nang manu-mano at sasagutin nang may pinakamakatotohanang impormasyon.

Related homes

Mga tampok at karaniwang tanong: 117-3907 Grant Avenue, Winnipeg

Property Overview & Appeal

This 1,042 sqft home, built in 1978, is a compact and efficiently sized property in Winnipeg's Varsity View neighborhood. Its primary appeal lies in its exceptional location and strong relative standing within its immediate area. The data shows it ranks in the top tier for lot size within its street, community, and the entire city, suggesting a well-proportioned setting that is increasingly rare. While the home's assessed value positions it as a more accessible entry point into this desirable area, its rankings for age and living space are more moderate, indicating a functional, no-frills property rather than a modern or spacious one.

It would ideally suit first-time buyers or practical-minded investors seeking a foothold in a prime academic and family-oriented community close to the University of Manitoba. The appeal is for those who prioritize location and land value over turn-key condition or large interior square footage, seeing potential in the existing structure or valuing the stability of a long-established neighborhood.

Key Questions for Consideration

  1. What does the "top ranking for land" actually mean for me?
    This indicates the property's lot is larger than most comparable ones around it. In a mature neighborhood like Varsity View, this could mean more outdoor space, better privacy, or simply holding a scarcer asset that contributes to long-term value.

  2. The home is older and the interior is modestly sized. What should I budget for?
    Given its age, a thorough inspection is essential. Budgeting for updates to mechanical systems (like heating or electrical) or efficiency improvements (windows, insulation) should be prioritized over cosmetic renovations. The size is efficient, so thoughtful design would be key to maximizing space.

  3. The assessment value seems low for the area. Is this an advantage?
    It can be. A lower assessment often translates to relatively lower property taxes, which is a recurring cost savings. It also may indicate room for the value to increase with prudent updates, though it primarily reflects the municipality's valuation for tax purposes, not market price.

  4. Is the lack of a basement or garage a major drawback?
    This depends on lifestyle. The absence of a basement limits storage and utility space, requiring creative solutions within the home's footprint. No garage means relying on street parking, which is a crucial factor to assess for convenience and during Winnipeg winters.

  5. Who is this neighborhood best for?
    Varsity View is quintessentially geared towards academics, students, and families connected to the University of Manitoba. It offers quiet, tree-lined streets with high walkability to campus amenities. The vibe is quiet and community-oriented, less suited for those seeking bustling nightlife or brand-new suburban developments.