Property score
55.0
Fair
Overall 55.0 · Smaller than most nearby homes
691 sqft (bottom 2%) · Built in 1985 (10 yrs newer 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
50% smaller than neighborhood avg.
Year Built
Near average
10 yrs newer than neighborhood avg.
Mother tongue
English · 79%Tagalog · 3%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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55.0 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” (Detached houses (non-condo), 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: #46110350
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
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
3227 Grant Avenue — 6 amenities found within 500 m, across 5 categories, including 2 dining (nearest 418 m), 1 education (nearest 410 m), 1 healthcare (nearest 428 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 26% | Bottom 44% | Top 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
3227 Grant Avenue is a well-maintained bi-level home in the established Varsity View neighbourhood. Built in 1985, it sits on a generous 4,253 sqft lot and features a finished basement and a detached garage. The home recently sold for $355,000, which was above its municipal assessment, indicating strong market interest.
Its appeal lies in its location within a mature, sought-after community, offering a substantial lot size that is above average for the area. The recent sale price suggests buyers saw value beyond the home's modest 691 sqft of living space, likely appreciating the potential of the finished basement and the lot itself. This property would suit first-time buyers or downsizers looking for a manageable home in a prime location, as well as investors or renovators who see value in the underlying land and the opportunity to update or expand over time. A thoughtful perspective is that while the living space is compact, the large lot and finished basement effectively extend the usable area, offering flexibility that isn't immediately apparent from the square footage alone.
Frequently Asked Questions
1. Is the living space too small?
At 691 sqft, the main living area is compact. However, the inclusion of a finished basement significantly increases the usable space, making the home more functional than the listed square footage suggests.
2. How does the recent sale price compare to the assessment?
The home sold for $355,000 in August 2024, which is approximately $62,000 above its municipal assessment of $293,000. This indicates the market valued the property's location, lot size, and condition higher than the assessed value.
3. What does the "ranking" data mean?
The rankings compare this property to others on its street, in Varsity View, and across all of Winnipeg. For example, its lot size ranks in the top 3% within the community, while its living area is in the bottom 5%. This highlights a key dynamic: you are purchasing a large lot in a prime area, with a home that offers potential for future updates.
4. Is the neighbourhood desirable?
Varsity View is a mature, established neighbourhood near the University of Manitoba. The data shows homes here generally command higher values; this property's sale price ranked higher than 65% of recent community sales, confirming the area's enduring appeal.
5. What are the implications of a "bi-level" design?
A bi-level home typically features living areas split over two short flights of stairs. This can create distinct zones for living and sleeping. It's efficient but may not suit those seeking single-level living. The finished basement here would help mitigate that by adding flexible space.
