Property score
52.2
Fair
Overall 52.2 · Newer than most nearby homes
1,032 sqft (top 32%) · Built in 1958 (5 yrs newer than avg)
Located in a above-average income area with median household income of ~70k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 5 parks, and 1 place of worship nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Above average
5 yrs newer than neighborhood avg.
Mother tongue
English · 71%Tagalog · 3%
Past 10 years East Elmwood sales snapshot (~80% of all data)
460
277.7k
$225/sqft
1953
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
52.2 is composed by the two sections below.
Property Score
Community Score
East Elmwood
How to read: Share of sales in each ~$50k price band for “east elmwood” (Detached houses (non-condo), 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: #46110801
$70K
Median household income
$75K
Average household income
19%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
22%
Single-person households
25%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
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
314 Milford Street — 8 amenities found within 500 m, across 3 categories, including 2 education (nearest 289 m), 5 parks (nearest 167 m).
East Elmwood · WPS public data · 2026
Annual incidents
16
2026
vs. city avg
-46%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
63%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 47% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 314 Milford Street, East Elmwood
Section 1: Key Characteristics & Appeal
This one-storey home, built in 1958, presents a practical and straightforward opportunity in Winnipeg's East Elmwood neighborhood. With 1,032 sqft of living space and a renovated basement, it offers functional living on a standard 4,869 sqft lot, complemented by a detached garage.
Its primary appeal lies in its value proposition within the local area. While the home is modest in size compared to others on its street, its assessed value ranks above average for East Elmwood itself. This suggests it could be a relatively affordable entry point into a neighborhood where property values are generally higher. The renovated basement adds usable space, a significant plus for a home of this size.
This property would best suit first-time buyers, downsizers, or practical investors seeking a no-frills, manageable home. It’s for someone who prioritizes neighborhood value and a solid foundation over size or modern luxury. A thoughtful perspective is that this home represents the "bones" of the neighborhood—a classic post-war property that offers the chance to put personal savings into customization rather than paying a premium for already-completed, trendy upgrades.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
While its living area is smaller than most on Milford Street, its assessed value is actually above the average for the wider East Elmwood neighborhood. This indicates it may be priced competitively within the community context.
2. What does the “renovated basement” entail?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the permit history, the quality of finishes, and whether it includes a proper secondary suite or simply finished living space.
3. Is the lot size a limitation?
At just under 5,000 sqft, the lot is typical for East Elmwood but below average for the specific street. It provides adequate private outdoor space for a patio or garden but may not accommodate large additions or pools.
4. What is the significance of the 2016 sale price?
The home sold for $23,900 in 2016. This historical data point highlights the significant market appreciation since then and is a reminder to base current offers on recent comparable sales, not this outdated figure.
5. Who might this home not suit?
Buyers needing substantial living space, those seeking a modern open-concept layout typical of newer homes, or anyone wanting a large yard for extensive recreation might find this property too compact. It’s a home for efficient living, not expansive entertaining.
