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.
Year Built
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)
45
151.3k
$181/sqft
1978
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65.0 is composed by the two sections below.
Property Score
Community Score
Varsity View
How to read: Share of sales in each ~$50k price band for “varsity view” (Condos, 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: #46111103
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
118-3907 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).
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%
118-3907 Grant Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 1,042 sqft home, built in 1978, is a compact and efficient property in Winnipeg's Varsity View neighborhood. Its primary appeal lies in its exceptional location rankings, placing in the top tier for its area within both the immediate community and the entire city. While modest in size and without a basement or garage, it presents a straightforward, low-maintenance living option. The assessed value positions it as an accessible entry point into a highly regarded area.
The property would suit first-time buyers or downsizers seeking a foothold in a prime neighborhood without the upkeep of a larger house. It’s also a practical candidate for investors looking for a manageable rental unit in a high-demand location due to the area's consistent appeal. The rankings suggest its value is derived more from its position than its features, offering a trade-off that prioritizes location over space.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others in the area for specific metrics. For example, ranking in the top 0% for lot size in its community means its land area is larger than 100% of comparable listings, which is a significant advantage, even if the home itself is modest.
2. Are there any major concerns with a 48-year-old home?
While the age suggests potential for outdated systems, it also means the home is settled and any major neighborhood development issues are known. A thorough inspection is key to understand the condition of the roof, wiring, and plumbing specific to this property.
3. How does not having a basement or garage impact livability?
This significantly reduces storage and utility space. Buyers would need to be comfortable with creative storage solutions and on-street parking. However, it also means there is no basement to finish, flood, or maintain, simplifying the home's footprint.
4. Why is the assessed value relatively low compared to the high location rankings?
The assessment likely reflects the home's smaller size, age, and lack of certain features (like a garage). The high rankings indicate the potential value of the land and location, which may not be fully captured in the official assessment but is a key factor in market price.
5. Is this a good candidate for renovation or expansion?
The high land ranking suggests the lot may have inherent value. While the structure is smaller, the property's appeal could support thoughtful updates or an expansion, subject to local zoning regulations. The feasibility would depend heavily on the specific lot layout and municipal bylaws.
