3423 Grant Avenue

Varsity View, Winnipeg

Property score

66.3

Good

Overall 66.3 · Smaller than most nearby homes

1,040 sqft (bottom 26%) · Built in 1976 (1 yr 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: 4 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Below average

25% 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)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

66.3 is composed by the two sections below.

Property Score

52.4Fair
Living Area1,040 sqft52Fair
Year Built197667Good
Lot Size3,452 sqft38Low
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
1,040 sqft
0255075100
Same streetBottom 29%Same areaBottom 26%CitywideBottom 32%
Same street · Grant Avenue
#47 / 66
Bottom 29% · Avg 1,329 sqft
Same area · Varsity View
#627 / 848
Bottom 26% · Avg 1,387 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

below average
227k
0255075100
Same streetBottom 15%Same areaBottom 1%CitywideBottom 13%
Same street · Grant Avenue
#56 / 66
Bottom 15% · Avg 379.3k
Same area · Varsity View
#836 / 848
Bottom 1% · Avg 444.7k
Citywide · Winnipeg
#170,146 / 194,458
Bottom 13% · Avg 390.1k

Year Built

above average
1976
0255075100
Same streetTop 20%Same areaTop 43%CitywideTop 39%

Lot Size

below average
3,452 sqft
0255075100
Same streetBottom 6%Same areaBottom 1%CitywideBottom 19%

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

3423 Grant Avenue — 11 amenities found within 500 m, across 7 categories, including 4 dining (nearest 199 m), 1 education (nearest 191 m), 1 healthcare (nearest 231 m).

Search radius
🍽️Dining4
🏫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

Sold 8/2020CA$200k–250k
Sold price

Same street

Bottom 11%

Same area

Bottom 3%

City-wide

Bottom 12%

Related homes

Highlights & common questions: 3423 Grant Avenue, Winnipeg

Property Overview: 3423 Grant Avenue, Varsity View, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-maintained, single-story home built in 1976, offering a practical and straightforward living space. Its key feature is a fully finished basement, which effectively expands the usable living area beyond the main floor's 1,040 square feet. Situated on a standard city lot in the established Varsity View neighborhood, the property presents a classic, no-frills homeownership opportunity.

The primary appeal lies in its value and stability within a mature community. The home ranks highly within its immediate neighborhood for lot size and overall condition, suggesting it is a solid, above-average property on its block. It suits first-time buyers seeking an affordable entry into the market, downsizers looking for a manageable single-level layout, or practical investors wanting a low-maintenance rental property. A less obvious perspective is its potential for those who value "good bones" over flashy updates; it's a home where equity can be built through gradual, personal improvements rather than paying a premium for recent renovations.

Section 2: Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings show this home performs very well within its specific neighborhood (Varsity View) for lot size, age, and value, often in the top 10-20%. This indicates it's a comparatively strong property on its own turf. Its rankings across all of Winnipeg are more moderate, which is typical for a mature home in an established area.

2. Is the finished basement included in the 1,040 sqft living area?
No. The 1,040 square feet refers to the above-ground living space. The finished basement is an additional area, adding significant functional space for recreation, storage, or extra bedrooms.

3. What are the implications of a 1976 build date?
Homes from this era often have modern foundations and wiring basics but may feature original windows, roofing, or major systems (like furnace) that are nearing or past their typical lifespan. A thorough inspection is advised to budget for potential updates.

4. There's no garage. What are the parking options?
The property likely relies on driveway and on-street parking. Buyers should verify the driveway capacity and local street parking regulations to ensure it meets their needs.

5. The 2020 sale price was close to the current assessed value. What does that suggest?
It indicates a stable, gradual appreciation in line with the broader market for well-kept homes in the area. It doesn't show dramatic, speculative increases, which can be a positive for buyers seeking a fairly priced home without a bidding premium.

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