3407 Grant Avenue

Varsity View, Winnipeg

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)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

71.0 is composed by the two sections below.

Property Score

60.2Fair
Living Area1,200 sqft66Good
Year Built197558Fair
Lot Size3,591 sqft46Low
Neighbourhood Sales Activity42Low

Community Score

87.1Excellent
Household Income87Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

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
1,200 sqft
0255075100
Same streetBottom 48%Same areaBottom 45%CitywideTop 50%
Same street · Grant Avenue
#34 / 66
Bottom 48% · Avg 1,329 sqft
Same area · Varsity View
#466 / 848
Bottom 45% · Avg 1,387 sqft
Citywide · Winnipeg
#97,378 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

below average
212k
0255075100
Same streetBottom 9%Same areaBottom 1%CitywideBottom 10%
Same street · Grant Avenue
#60 / 66
Bottom 9% · Avg 379.3k
Same area · Varsity View
#842 / 848
Bottom 1% · Avg 444.7k
Citywide · Winnipeg
#175,062 / 194,458
Bottom 10% · Avg 390.1k

Year Built

around average
1975
0255075100
Same streetTop 33%Same areaTop 44%CitywideTop 40%

Lot Size

below average
3,591 sqft
0255075100
Same streetBottom 18%Same areaBottom 2%CitywideBottom 20%

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

3407 Grant Avenue — 10 amenities found within 500 m, across 7 categories, including 3 dining (nearest 272 m), 1 education (nearest 263 m), 1 healthcare (nearest 294 m).

Search radius
🍽️Dining3
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks2
🏦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

3407 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: 3407 Grant Avenue, Winnipeg

Property Overview & Key Characteristics

3407 Grant Avenue is a classic two-storey home in Winnipeg's established Varsity View neighbourhood. Built in 1975, it sits on a standard city lot and offers 1,200 sqft of living space, including a finished basement. The home lacks a garage or pool, presenting a straightforward, low-maintenance property.

Its primary appeal lies in its location within a mature, central community, and its relative size, which ranks well above average for its specific street. The data suggests a home that is more spacious inside than many of its immediate neighbours, offering good interior utility for its footprint. The finished basement adds valuable, flexible living space.

This property would suit first-time buyers or practical-minded investors looking for an entry point into a well-located neighbourhood without the premium price of a fully updated home. It’s also a potential fit for downsizers seeking a manageable, single-family home layout without a large yard or complex upkeep. The rankings indicate it’s a competitively sized home in a local context, but one that comes with the expected maintenance considerations of a 50-year-old structure.


Frequently Asked Questions

Q: How does the "ranking" data work?
A: The percentages show how this property compares to others in the immediate area. For example, its living area is larger than 80% of homes on its street, but its assessed value is higher than 54% of them, suggesting it may offer more space per dollar on this particular block.

Q: What are the implications of a 1975 build year?
A: Homes from this era may have original components, like windows, roofing, or major systems (furnace, electrical), that are nearing or at the end of their typical lifespan. A thorough inspection is advised to budget for potential updates.

Q: The community value ranking is very low (8%). What does that mean?
A: This means the home's assessed value is higher than only 8% of properties in all of Varsity View. This could indicate it's priced at a more accessible point compared to many neighbours, but it's essential to understand why—whether it's due to lot size, condition, or specific market factors.

Q: Is the lack of a garage a significant drawback?
A: It depends on lifestyle. For some, it simplifies exterior maintenance. For others, it requires planning for street parking (checking local permits) and considering the cost of adding a shed or carport for storage/vehicle protection.

Q: What is the neighbourhood character of Varsity View?
A: It's a mature, central neighbourhood near the University of Manitoba. It typically offers a mix of long-term residents and academic affiliates, with quiet, tree-lined streets and convenient access to amenities, though specific noise or traffic can vary by street.

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