Property score
71.0
Good
Overall 71.0 · Compared with neighbourhood average
1,200 sqft (bottom 45%) · Built in 1975
Located in a high-income area with median household income of ~105k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby
Living Area
Near average
13% smaller than neighborhood avg.
Year Built
Near average
0 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
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
Free · No credit card required
71.0 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
3405 Grant Avenue — 10 amenities found within 500 m, across 7 categories, including 3 dining (nearest 281 m), 1 education (nearest 272 m), 1 healthcare (nearest 302 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 37% | Bottom 30% | Bottom 44% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 16% | Bottom 5% | Bottom 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
3405 Grant Avenue is a classic two-storey home in Varsity View, built in 1975. Its key characteristics include a fully finished basement and a generous 1,200 sqft of living space, which ranks above average for its size both on its street and within the wider city. The property sits on a 3,585 sqft lot and has no garage or pool.
The appeal lies in its established, quiet neighbourhood and its proven value trajectory. The home sold for $318,000 in 2022, a significant increase from its 2017 sale price of $230,000, indicating strong appreciation in recent years. Its current assessed value is $251,000. This property would suit a first-time buyer or a downsizer looking for a manageable, low-maintenance footprint in a mature area without the premium for newer construction or extensive amenities. A thoughtful perspective is that while its rankings for lot size and assessed value within its own community are modest, its above-average rankings for living space and recent sale price on its specific street suggest it may be a standout property on its block, offering more interior room than many neighbours.
Frequently Asked Questions
1. What is the significance of the property rankings?
The rankings show how this home compares to others in specific areas. For example, its living space is larger than 80% of homes on its street, but its lot size is smaller than 83% of homes in its community. This helps highlight its relative strengths and context.
2. The assessed value is lower than the 2022 sale price. Why?
Municipal assessments for tax purposes often lag behind current market values and use a different valuation method. The 2022 sale price is a clearer indicator of its recent market worth.
3. Is the lack of a garage a major drawback?
This depends on the buyer. For some, it simplifies exterior maintenance. The mature neighbourhood likely has on-street parking, but potential costs or logistics of adding a garage in the future should be considered.
4. What does a "fully finished basement" typically mean in a 1975 home?
It means the basement is developed into livable space, but the finishes and layout may reflect the era. Buyers should verify the quality, ceiling height, and whether it meets current needs or might require updating.
5. The home has appreciated considerably. Does that mean it's at its peak value?
While its value has grown strongly, its current assessed value being substantially below the last sale price could suggest there is still a perceived buffer, though market conditions always apply. Its average rankings city-wide indicate it is not an outlier, but a solid middle-market home.
