341 Milford Street

East Elmwood, Winnipeg

Property score

69.3

Good

Overall 69.3 · Larger and newer than most nearby homes

2,304 sqft (top 1%) · Built in 1960 (7 yrs newer than avg)

Located in a above-average income area with median household income of ~70k

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 3 schools, 6 parks, and 1 place of worship nearby

Living Area

Above average

116% larger than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 71%Tagalog · 3%

Past 10 years East Elmwood sales snapshot (~80% of all data)

Sold Count

460

Median price

277.7k

$/sqft

$225/sqft

Avg build year

1953

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Property score

69.3 is composed by the two sections below.

Property Score

79.7Good
Living Area96
2,304 sqftExcellent
Year Built43
1960Low
Lot Size74
5,600 sqftGood
Neighbourhood Sales Activity48
Low

Community Score

53.7Fair
Household Income72
Good
Education Level10
Low
Housing Stress42
Low
Core Housing Need63
Fair
Employment Health52
Fair

Neighbourhood Sales

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.

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: #46110801

Community deep dive

$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

Population, labour & age

Population (2021)602
Labour force participation rate59%
Median age30.8
Avg household size2.7
Unemployment rate10%
Population density6020 / km²

Households & income

Low income (LIM-AT, % pop.)19%
Single-person households22%
Couple families with children25%
Median household income (2020)$70K

Housing

Renter households57%
Condominium dwellings4%
Median dwelling value (owners)$304K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority24%
Bachelor's or higher (25–64)9%
Mother tongue (1st)English · 70%
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

Elite
2,304 sqft
0255075100
Same streetTop 11%Same areaTop 1%CitywideTop 5%
Same street · Milford Street
#2 / 18
Top 11% · Avg 1,883 sqft
Same area · East Elmwood
#15 / 1,163
Top 1% · Avg 1,065 sqft
Citywide · Winnipeg
#9,482 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

Elite
446k
0255075100
Same streetTop 11%Same areaTop 1%CitywideTop 29%
Same street · Milford Street
#2 / 18
Top 11% · Avg 381.6k
Same area · East Elmwood
#12 / 1,163
Top 1% · Avg 265k
Citywide · Winnipeg
#56,541 / 194,458
Top 29% · Avg 390.1k

Year Built

above average
1960
0255075100
Same streetTop 11%Same areaTop 14%CitywideBottom 42%

Lot Size

above average
5,600 sqft
0255075100
Same streetTop 6%Same areaTop 10%CitywideTop 40%

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

341 Milford Street — 10 amenities found within 500 m, across 3 categories, including 3 education (nearest 348 m), 6 parks (nearest 170 m).

Search radius
🏫Education3
🌳Parks6
Worship1

Crime & Safety

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%

Sales History

Sold 6/2021CA$350k–400k
Sold price

Same street

Bottom 46%

Same area

Top 10%

City-wide

Top 44%

Related homes

Highlights & common questions: 341 Milford Street, Winnipeg

Property Overview: 341 Milford Street, East Elmwood

Key Characteristics & Buyer Appeal

This two-storey home on a spacious 5,600 sqft lot stands out for its generous proportions and established neighborhood feel. With 2,304 sqft of living space, it ranks in the top tier for size both within East Elmwood and on its own street, offering significantly more room than area averages. The home features a renovated basement and a detached garage. Built in 1960, it is a well-situated property in a mature area, with an assessed value that reflects its above-average standing locally.

Its primary appeal lies in offering substantial interior space—a relative rarity—within a neighborhood context. This isn't just a larger house; it's a home that provides room to grow without the premium often associated with newer, sprawling suburbs. The lot size is also a notable asset, providing ample outdoor space for gardening, play, or future additions.

This property would best suit practical buyers who prioritize space and value over a brand-new build. It’s ideal for growing families needing multiple bedrooms and living areas, or for multigenerational living facilitated by the renovated basement. It also appeals to value-conscious purchasers who understand that a home ranking in the top 1% of its neighborhood for size represents a unique opportunity to get more square footage for their investment in a settled community.


Frequently Asked Questions

1. How does the home’s size compare to others nearby?
Exceptionally well. With 2,304 sqft, this home is larger than 99% of properties in East Elmwood and ranks 2nd largest out of 18 on Milford Street itself.

2. What does the assessed value indicate?
The assessed value of $44,600 places the property in the top 1% for East Elmwood, suggesting it is considered a high-value asset relative to its immediate neighbors and area norms.

3. Is the lot a good size?
Yes. At 5,600 sqft, the lot is larger than 90% of lots in East Elmwood and is the largest among the 18 comparable properties on Milford Street.

4. When was it last sold, and for how much?
The home sold in June 2021 for $360,000. This sale price was in the top 10% for the East Elmwood area at that time.

5. What is less obvious about this property’s position?
While its size is elite for the neighborhood, its city-wide rankings tell a nuanced story. The living space is still in the top 5% for Winnipeg, but the lot size and year built are closer to the city-wide average. This highlights that you are purchasing a standout home for this specific, established community, which often carries different value than a comparable property in a newer subdivision.