Property score
61.1
Fair
Overall 61.1 · Newer than most nearby homes
905 sqft (bottom 45%) · Built in 1978
Located in a high-income area with median household income of ~92k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 2 schools, 1 healthcare facility, and 1 shop nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 77%Tagalog · 3%
Past 10 years Varsity View sales snapshot (~80% of all data)
45
151.3k
$181/sqft
1978
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61.1 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” (Condos, 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: #46111103
$92K
Median household income
$131K
Average household income
6%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
29%
Single-person households
30%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
405-3941 Grant Avenue — 11 amenities found within 500 m, across 6 categories, including 4 dining (nearest 109 m), 2 education (nearest 222 m), 1 healthcare (nearest 273 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%
405-3941 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This is a compact, 905 sqft apartment unit built in 1978, located in Winnipeg's Varsity View neighbourhood. Its primary appeal lies in its exceptional location and relative affordability within a highly desirable area. The property ranks in the top tier for its location, surpassing nearly all other homes in Varsity View and city-wide for its street setting. It suits first-time buyers, investors, or downsizers seeking a low-maintenance entry into a prime, central community close to the University of Manitoba. A thoughtful perspective is that while the unit itself is modest in size and age, its value is significantly anchored by the irreplaceable location, offering a lifestyle perk that outweighs the building's average rankings for size and assessed value.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others. For location, it's in the top 2% on its street and top 0% in its community, meaning its setting is a major strength. Rankings for size and assessed value are lower, indicating the unit itself is more modest, which is reflected in its accessible price point.
2. Is there parking or a garage?
The listing indicates there is no garage. Prospective buyers should inquire about dedicated surface parking, visitor parking, or street permit availability.
3. What are the monthly condo or maintenance fees?
This critical information is not provided in the basic data. The asking price is only part of the cost; fees for building insurance, reserves, and upkeep must be obtained directly.
4. Why is the assessed value relatively low compared to the location ranking?
The assessed value reflects the unit's specific attributes (age, size, finishes) for tax purposes. The high location ranking confirms the area's desirability, suggesting the market price may factor in this premium beyond the municipal assessment.
5. What are the pros and cons of a building from 1978?
Pros can include larger room proportions and mature, established communities. Cons may involve older building systems (plumbing, electrical) and the potential for special assessments if major repairs or upgrades are needed, underscoring the importance of reviewing condo documents thoroughly.
