Property score
65.0
Good
Overall 65.0 · Larger and newer than most nearby homes
1,042 sqft (top 11%) · 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
Above average
11% larger 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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65.0 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” (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
407-3941 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%
407-3941 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: 407-3941 Grant Avenue, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a 1,042 sqft condominium in the established Varsity View neighbourhood, built in 1978. 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 size compared to all homes in Winnipeg, indicating a spacious unit for its type. It is positioned as a practical, low-maintenance housing option, as it features no basement, garage, or private yard to upkeep.
The unit would best suit first-time buyers, downsizers, or investors seeking a foothold in a prime academic and family-oriented community. Its appeal is for those who prioritize location and simplicity over modern finishes or private outdoor space. A less obvious perspective is that a condo of this vintage in a well-ranked area can represent a "value hold" – it offers access to a premium neighbourhood at an accessible price point, with the building's age already factored into its cost. It’s a pragmatic choice for someone content with functional space who values community amenities and walkability over a standalone property.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this unit compares to others. Notably, it ranks in the top 2% on its street and top 0% in its community for size, meaning it is a notably spacious unit for the area. However, its assessed value ranks lower, placing it in a more affordable bracket relative to its surroundings.
2. Are there any concerns with a building from 1978?
While the building is nearly 50 years old, this is common for the neighbourhood. Prospective buyers should pay close attention to the condo corporation's reserve fund study, recent maintenance history, and any planned special assessments to understand the building's financial and physical health.
3. What are the benefits of having no basement or garage?
This translates to very low maintenance for the owner—no snow removal for a driveway, no basement leaks or renovations to worry about. The trade-off is a lack of private storage and utility space, which is a key consideration for personal needs.
4. Who is responsible for exterior maintenance and repairs?
As a condominium, the corporation is responsible for the building's exterior, common areas, and major structural components. Owners pay monthly fees to cover these costs, which provides budget predictability for major upkeep.
5. What is the lifestyle like in Varsity View?
The neighbourhood is centrally located, family-friendly, and close to the University of Manitoba. It offers a quiet, residential feel with strong community amenities, ideal for those who enjoy walkable access to parks, schools, and local shops without being in the downtown core.
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