203-3915 Grant Avenue

Varsity View, Winnipeg

Property score

61.1

Fair

Overall 61.1 · Newer than most nearby homes

905 sqft (bottom 45%) · 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

Near average

3% smaller 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)

Sold Count

45

Median price

151.3k

$/sqft

$181/sqft

Avg build year

1978

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Property score

61.1 is composed by the two sections below.

Property Score

49.5Low
Living Area42
905 sqftLow
Year Built67
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

Neighbourhood Sales

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.

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.

Rankings

Living Area

around average
905 sqft
0255075100
Same streetBottom 47%Same areaBottom 45%CitywideBottom 40%
Same street · Grant Avenue
#243 / 459
Bottom 47% · Avg 946 sqft
Same area · Varsity View
#42 / 76
Bottom 45% · Avg 936 sqft
Citywide · Winnipeg
#16,108 / 26,841
Bottom 40% · Avg 1,042 sqft

Tax-Assessed Value

around average
181k
0255075100
Same streetBottom 42%Same areaTop 36%CitywideBottom 30%
Same street · Grant Avenue
#264 / 459
Bottom 42% · Avg 201.7k
Same area · Varsity View
#27 / 76
Top 36% · Avg 174.9k
Citywide · Winnipeg
#18,689 / 26,841
Bottom 30% · Avg 256.1k

Year Built

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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

203-3915 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%

Sales History

203-3915 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.

Related homes

Highlights & common questions: 203-3915 Grant Avenue, Winnipeg

Property Overview & Key Characteristics

This 905 sqft condo, built in 1978, is located in Winnipeg's established Varsity View neighbourhood. Its primary appeal lies in its exceptional value and location. The property ranks in the top tier for its size within its immediate community and across Winnipeg, meaning it offers more space than the vast majority of comparable units. While the building itself is older, its assessed value positions it as an accessible entry point into a desirable central area.

The unit would best suit first-time buyers, investors, or downsizers seeking a low-maintenance lifestyle without a hefty price tag. Its value proposition is clear: you are trading newer building amenities for significantly more interior space in a prime location. A thoughtful perspective is that an older building in a stable area like Varsity View can represent a "known quantity" with settled strata fees, potentially offering more predictable costs than newer developments.


Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings show how this unit compares to others. For example, ranking in the top 0% for size in its community means it is larger than 100% of comparable listings, a significant advantage. Conversely, rankings for assessed value indicate it is priced below most others, highlighting its value.

2. Are there any concerns with a building from 1978?
As with any older building, a potential buyer's main focus should be on the condo corporation's reserve fund study and health. A well-managed older building can be very sound, but it's crucial to review meeting minutes, financials, and any upcoming special assessments for major repairs like windows, roofing, or balconies.

3. What are the benefits of the Varsity View location?
Varsity View is a central, mature neighbourhood near the University of Manitoba. It typically offers walkable access to amenities, transit, and green spaces, appealing to those who want a quiet residential feel without being far from the city's core services and institutions.

4. There's no garage or basement. What are the storage options?
The listing indicates no private garage or basement. Buyers should inquire with the condo corporation about any available shared storage lockers or bicycle storage facilities within the building to compensate for the lack of private storage space.

5. Why is the assessed value ranking lower than the size ranking?
This is a key point. The unit ranks highly for size but lower for assessed value. This often suggests the market price is attractive relative to the amount of space you get. It can indicate a value opportunity, but also warrants investigation to ensure there are no underlying factors negatively impacting its valuation compared to similar-sized units.