Property score
55.0
Fair
Overall 55.0 · Smaller than most nearby homes
680 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 park nearby
Living Area
Below average
51% 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
3231 Grant Avenue — 7 amenities found within 500 m, across 6 categories, including 2 dining (nearest 403 m), 1 education (nearest 395 m), 1 healthcare (nearest 414 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 | Bottom 37% | Bottom 9% | Bottom 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 3231 Grant Avenue, Varsity View, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 1985 bi-level home in the established Varsity View neighbourhood offers a practical and efficient layout on a generous 4,252 sqft lot. Its key characteristics include a finished basement and a detached garage. The home's primary appeal lies in its strong locational fundamentals within a sought-after community, coupled with a lot size that ranks very well within its immediate area. The data suggests a property that is valued highly relative to its street and has seen significant price appreciation since its last sale in 2019.
It would suit a pragmatic buyer, such as a first-time homeowner or an investor, who prioritizes land value and location over interior square footage. The modest 680 sqft living area indicates a compact, manageable layout ideal for those seeking lower utility and maintenance costs. A thoughtful perspective is that this property represents a "land play" in a premium neighbourhood—the value is anchored more in its desirable address and sizable lot than in the size of the existing structure, presenting a potential long-term redevelopment opportunity or a simple, cost-effective entry into the area.
Frequently Asked Questions
1. How does the home's size compare to others in the area?
The 680 sqft living area is quite compact, ranking in the top 98% of the community (meaning only 2% of homes are smaller). This indicates a very efficient use of space, which can mean lower heating and upkeep costs.
2. What do the ranking percentages for "Assessment Value" mean?
The assessment value of $304,000 ranks in the top 10% on its street and top 20% in the neighbourhood. This suggests the city assessor attributes significant value to this property, likely due to its lot size and location, even though the building itself is not large.
3. Has the property value increased?
Yes. It last sold for $259,000 in October 2019. The current assessment of $304,000 indicates considerable growth in value over that period, outpacing many comparable local sales.
4. What is the significance of the lot size ranking?
The lot size of 4,252 sqft ranks in the top 27% on its street. In an older neighbourhood, a larger-than-average lot is a key asset, offering more outdoor space and potential.
5. Is the age of the home (41 years) a concern?
The 1985 build year is newer than about 68% of homes in Winnipeg, ranking it in the top third for age. For its area, it is a relatively modern structure, which may mean fewer immediate major repairs compared to much older heritage homes.
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