3223 Grant Avenue

Varsity View, Winnipeg

Property score

68.7

Good

Overall 68.7 · Compared with neighbourhood average

1,098 sqft (bottom 33%) · Built in 1968 (7 yrs older than avg)

Located in a high-income area with median household income of ~105k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 school, 1 healthcare facility, and 1 bank/ATM nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 79%Tagalog · 3%

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

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

68.7 is composed by the two sections below.

Property Score

56.4Fair
Living Area52
1,098 sqftFair
Year Built52
1968Fair
Lot Size85
6,551 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

87.1Excellent
Household Income87
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

Varsity View

How to read: Share of sales in each ~$50k price band for “varsity view” (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: #46110350

Community deep dive

$105K

Median household income

$129K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

26%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)742
Labour force participation rate70%
Median age40.4
Avg household size2.5
Unemployment rate3%
Population density3091 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children34%
Median household income (2020)$105K

Housing

Renter households26%
Condominium dwellings0%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority18%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

around average
1,098 sqft
0255075100
Same streetBottom 35%Same areaBottom 33%CitywideBottom 39%
Same street · Grant Avenue
#43 / 66
Bottom 35% · Avg 1,329 sqft
Same area · Varsity View
#571 / 848
Bottom 33% · Avg 1,387 sqft
Citywide · Winnipeg
#117,899 / 194,458
Bottom 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
315k
0255075100
Same streetBottom 44%Same areaBottom 15%CitywideBottom 34%
Same street · Grant Avenue
#37 / 66
Bottom 44% · Avg 379.3k
Same area · Varsity View
#720 / 848
Bottom 15% · Avg 444.7k
Citywide · Winnipeg
#128,657 / 194,458
Bottom 34% · Avg 390.1k

Year Built

around average
1968
0255075100
Same streetBottom 23%Same areaBottom 33%CitywideTop 50%

Lot Size

above average
6,551 sqft
0255075100
Same streetBottom 35%Same areaBottom 41%CitywideTop 22%

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

3223 Grant Avenue — 6 amenities found within 500 m, across 5 categories, including 2 dining (nearest 437 m), 1 education (nearest 429 m), 1 healthcare (nearest 446 m).

Search radius
🍽️Dining2
🏫Education1
🏥Healthcare1
🏦Finance1
Worship1

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

3223 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: 3223 Grant Avenue, Winnipeg

Property Summary: 3223 Grant Avenue, Varsity View, Winnipeg

Key Characteristics & Appeal

This is a well-established, single-storey home on a large, 6,551 sqft lot in the desirable Varsity View neighbourhood. Built in 1968, its key features include a fully finished basement and an attached garage. With 1,098 sqft of living space, it offers a practical layout for everyday living.

The primary appeal lies in its excellent lot size, which ranks highly compared to most homes in Winnipeg, offering significant outdoor space and potential in a central location. The home presents a solid value proposition, as its municipal assessment is notably higher than many area properties, suggesting strong underlying value for the price. It would suit first-time buyers seeking a move-in-ready home with room to grow, or downsizers looking for a manageable single-level layout without sacrificing yard space. A thoughtful perspective is that this property offers a balance of neighbourhood maturity and future potential—the large lot is a lasting asset in an area where new construction is rare, making it a prudent long-term holding in a stable community.

Frequently Asked Questions

1. What is the neighbourhood like?
Varsity View is a mature, family-friendly community near the University of Manitoba, known for its tree-lined streets, quiet atmosphere, and convenient access to amenities, parks, and academic institutions.

2. What does "fully finished basement" include?
While specific finishes aren't detailed, it indicates the lower level is developed into livable space, which typically adds extra rooms, a recreational area, or possibly a secondary suite (subject to local zoning verification).

3. How does the age of the home affect maintenance?
As a home from the late 1960s, buyers should budget for updates to major aging components like the roof, windows, or mechanical systems. A thorough inspection is recommended to prioritize any necessary repairs.

4. Why is the assessed value higher than many comparable listings?
A high municipal assessment relative to the area often reflects the valuable lot size and the finished condition of the home. It can indicate good municipal valuation, but the market sale price is determined by current buyer demand.

5. Is the property suitable for future expansion or renovation?
The substantial lot size provides a notable advantage for potential future expansions, such as an addition, a large deck, or garden landscaping, subject to obtaining the necessary city permits and approvals.