3427 Grant Avenue

Varsity View, Winnipeg

Property score

76.8

Good

Overall 76.8 · Newer than most nearby homes

1,512 sqft (top 35%) · Built in 1992 (17 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: 4 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Near average

9% larger than neighborhood avg.

Year Built

Above average

17 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

76.8 is composed by the two sections below.

Property Score

69.9Good
Living Area79
1,512 sqftGood
Year Built81
1992Excellent
Lot Size28
2,928 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

87.1Excellent
Household Income87
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health83
Excellent

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

above average
1,512 sqft
0255075100
Same streetTop 27%Same areaTop 35%CitywideTop 30%
Same street · Grant Avenue
#18 / 66
Top 27% · Avg 1,329 sqft
Same area · Varsity View
#299 / 848
Top 35% · Avg 1,387 sqft
Citywide · Winnipeg
#57,726 / 194,458
Top 30% · Avg 1,342 sqft

Tax-Assessed Value

around average
358k
0255075100
Same streetBottom 48%Same areaBottom 31%CitywideBottom 49%
Same street · Grant Avenue
#34 / 66
Bottom 48% · Avg 379.3k
Same area · Varsity View
#584 / 848
Bottom 31% · Avg 444.7k
Citywide · Winnipeg
#99,164 / 194,458
Bottom 49% · Avg 390.1k

Year Built

Elite
1992
0255075100
Same streetTop 2%Same areaTop 22%CitywideTop 21%

Lot Size

below average
2,928 sqft
0255075100
Same streetBottom 2%Same areaBottom 1%CitywideBottom 9%

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

3427 Grant Avenue — 11 amenities found within 500 m, across 7 categories, including 4 dining (nearest 191 m), 1 education (nearest 183 m), 1 healthcare (nearest 226 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 10/2023CA$300k–350k
Sold price

Same street

Top 32%

Same area

Bottom 35%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 3427 Grant Avenue, Winnipeg

Property Overview

This home presents a compelling profile defined by its modern construction and efficient use of space. Its key appeal lies in being a notably newer property within its established neighborhood. Built in 1992, it ranks in the top 2% for age on its street and the top 22% within the Varsity View community, where the average home is decades older. This suggests updated infrastructure and potentially lower immediate maintenance needs compared to surrounding properties.

The living space of 1,512 sq ft is comfortably above average for both the street and the city overall, offering ample interior room. Interestingly, the property achieves this on a smaller, more manageable lot of 2,928 sq ft. This combination suits buyers seeking a modern, low-maintenance home without sacrificing interior square footage. The tax assessment value is consistently close to average across all comparison levels, indicating a stable, market-aligned valuation.

This property would be an excellent fit for professionals, small families, or downsizers who prioritize a modern, move-in-ready home in a mature area over a large yard. It’s for those who want space indoors but prefer less outdoor upkeep.


Frequently Asked Questions

1. How does the smaller lot size impact the property?
While the land area is significantly smaller than the neighborhood average, it translates to less yard maintenance. The trade-off is a modern home with above-average interior space on a manageable plot, which can be a major advantage for those not wanting extensive gardening or landscaping duties.

2. What does the 1992 build year imply for a buyer?
A home built in 1992 in this area is considered very new. It likely benefits from more contemporary construction standards, wiring, plumbing, and insulation compared to the many mid-century homes nearby, potentially leading to better energy efficiency and fewer major system replacements in the near term.

3. The tax assessment is near average. Is that good?
Yes, it indicates stability. The assessment is not disproportionately high, which helps keep property taxes in check, nor is it unusually low, which could suggest undervaluation. It reflects a market-consistent valuation for the area.

4. Who might this property not suit?
It would not be ideal for buyers who desire a large, private yard for gardening, recreation, or future expansions like a major deck or pool. Those seeking a historic character home typical of the neighborhood might also prefer an older property.

5. How significant is its ranking for living space?
Ranking in the top 30% city-wide for living area is a strong point. It means you get more interior space than most Winnipeg homes, which is a valuable asset, especially when combined with the newer build year in a desirable community like Varsity View.