307-3927 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.

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

65.0 is composed by the two sections below.

Property Score

56.0Fair
Living Area52
1,042 sqftFair
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

above 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

Tax-Assessed Value

above 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

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

307-3927 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

307-3927 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: 307-3927 Grant Avenue, Winnipeg

Property Summary: 307-3927 Grant Avenue, Winnipeg

Key Characteristics & Appeal

This is a 1,042 sqft condominium located in the established Varsity View neighbourhood, built in 1978. Its primary appeal lies in its exceptional value and competitive positioning within its immediate area. While the unit itself is a comfortable size, its standout feature is its remarkable relative ranking: it surpasses 100% of comparable properties within both its community and all of Winnipeg for its price-to-size ratio, indicating it offers more space for the money than virtually any other listing. This makes it a compelling opportunity for value-focused buyers.

The unit would suit first-time buyers seeking an affordable entry into a desirable, central neighbourhood, or investors looking for a property with strong fundamental value and rental potential. Its appeal is pragmatic rather than luxurious—there is no garage or basement, and the building is nearly 50 years old. However, for the right buyer, the trade-off is gaining significant square footage in a great location without a premium price tag. A less obvious perspective is that this type of property can represent stability; its "middle-aged" building status in a long-established area often means predictable costs and a settled community, free from the uncertainties of brand-new developments.

Frequently Asked Questions

1. What does ranking "first" in price value actually mean?
It means that compared to all other active listings in Winnipeg and the Varsity View community, this unit offers more square footage per dollar. It's a statistical indicator of strong fundamental value, not a comment on finishes or condition.

2. Are there any major concerns with a building from 1978?
As with any building of this age, a prospective buyer should prioritize a review of the condo corporation's reserve fund study and minutes to understand the financial health of the building and plan for any upcoming major repairs (like roofing, windows, or balconies).

3. What are the likely condo fees, and what do they cover?
This information is not provided in the listing details. You must request the condo corporation's financial statements and bylaws to get the exact fee amount and a detailed breakdown of what is covered (e.g., heat, water, building insurance, exterior maintenance).

4. How does having no garage or basement affect livability?
This reduces private storage space significantly. Residents will likely depend on in-suite closets and may need to rent a separate storage locker if available. On-street or shared surface parking would be the norm.

5. Why is the assessed value relatively low compared to its ranking?
Municipal assessments often lag behind current market values and are calculated using a mass appraisal system. The high ranking is based on its asking price relative to other listings, while the assessment is an administrative value for tax purposes. The market will ultimately determine the final sale price.