Property score
72.0
Good
Overall 72.0 · Compared with neighbourhood average
1,200 sqft (bottom 45%) · Built in 1976 (1 yr newer than avg)
Located in a high-income area with median household income of ~105k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 school, 1 healthcare facility, and 2 parks nearby
Living Area
Near average
13% smaller than neighborhood avg.
Year Built
Near average
1 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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72.0 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
3397 Grant Avenue — 9 amenities found within 500 m, across 6 categories, including 3 dining (nearest 318 m), 1 education (nearest 308 m), 1 healthcare (nearest 335 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 26% | Bottom 7% | Bottom 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 3397 Grant Avenue, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a classic, two-storey home built in 1976, offering 1,200 sqft of living space on a generous 3,559 sqft lot in the established Varsity View neighbourhood. Its key appeal lies in its balance of space, location, and value. The home features a finished basement, adding functional living area. While it lacks a garage or pool, its lot size and floorplan provide solid fundamentals.
The property’s standout characteristic is its strong relative ranking for living area and lot size within its immediate street and broader community, suggesting it offers more space than many nearby homes. Its appeal is grounded and practical: it suits first-time buyers looking for a move-in-ready home with room to grow, or investors seeking a property with proven rental demand near the University of Manitoba. It also fits downsizers from larger properties who want to stay in the area but prefer a more manageable footprint without sacrificing yard space. A thoughtful perspective is that a home from this era often comes with mature landscaping and settled neighbourhood character, which can be preferable to newer, denser subdivisions.
Potential Buyer FAQs
What does the "finished basement" include? The listing confirms the basement is finished, which typically means it has insulated walls, proper flooring, and a ceiling, creating additional living, recreational, or utility space. Viewing the property is essential to assess its condition and layout.
How does the 2016 sale price compare to today's value? The home sold for $249,000 in 2016. The current assessed value is $262,000. This indicates moderate assessed growth over eight years, but the final market price is determined by current conditions, the home's updated state, and buyer competition.
What are the implications of not having a garage? Buyers should consider on-street parking permissions, the cost and feasibility of adding a garage or carport later, and their comfort with vehicle maintenance during Winnipeg winters without enclosed parking.
The community ranking for value seems lower—what does that mean? While the home ranks well for size on its street, its assessed value is higher than many in the wider Varsity View area. This isn't inherently negative; it can reflect the home's larger lot and living area. It simply means there are many homes in the community with a lower assessed value, which may be smaller or differ in type.
Is a 50-year-old home a concern? Homes from this period are common and can be very sound. The focus should be on the maintenance and updates of key systems, such as the roof, windows, plumbing, and electrical. A thorough home inspection is highly recommended to understand the property's condition.
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