42 Chester Street

East Elmwood, Winnipeg

Property score

70.8

Good

Overall 70.8 · Larger and newer than most nearby homes

1,728 sqft (top 10%) · Built in 1957 (4 yrs newer than avg)

Located in a above-average income area with median household income of ~73.5k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 2 schools, 3 parks, and 1 place of worship nearby

Living Area

Above average

62% larger than neighborhood avg.

Year Built

Above average

4 yrs newer than neighborhood avg.

Mother tongue

English · 69%Tagalog · 10%

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

70.8 is composed by the two sections below.

Property Score

73.7Good
Living Area1,728 sqft86Excellent
Year Built195743Low
Lot Size5,502 sqft74Good
Neighbourhood Sales Activity48Low

Community Score

66.5Good
Household Income74Good
Education Level22Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110804

Community deep dive

$74K

Median household income

$81K

Average household income

15%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

31%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)598
Labour force participation rate71%
Median age36.0
Avg household size2.5
Unemployment rate11%
Population density920 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households31%
Couple families with children27%
Median household income (2020)$74K

Housing

Renter households20%
Condominium dwellings0%
Median dwelling value (owners)$220K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority27%
Bachelor's or higher (25–64)10%
Mother tongue (1st)English · 68%
Mother tongue (2nd)Tagalog · 10%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,728 sqft
0255075100
Same streetTop 33%Same areaTop 10%CitywideTop 20%
Same street · Chester Street
#1 / 3
Top 33% · Avg 1,328 sqft
Same area · East Elmwood
#120 / 1,163
Top 10% · Avg 1,065 sqft
Citywide · Winnipeg
#38,550 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
374k
0255075100
Same streetTop 33%Same areaTop 11%CitywideTop 46%
Same street · Chester Street
#1 / 3
Top 33% · Avg 324.3k
Same area · East Elmwood
#132 / 1,163
Top 11% · Avg 265k
Citywide · Winnipeg
#88,864 / 194,458
Top 46% · Avg 390.1k

Year Built

above average
1957
0255075100
Same streetBottom 33%Same areaTop 28%CitywideBottom 37%

Lot Size

above average
5,502 sqft
0255075100
Same streetBottom 33%Same areaTop 11%CitywideTop 42%

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

42 Chester Street — 8 amenities found within 500 m, across 4 categories, including 2 dining (nearest 318 m), 2 education (nearest 379 m), 3 parks (nearest 165 m).

Search radius
🍽️Dining2
🏫Education2
🌳Parks3
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 6/2023CA$400k–450k
Sold price

Same street

Top 50%

Same area

Top 3%

City-wide

Top 27%

Related homes

Highlights & common questions: 42 Chester Street, Winnipeg

Property Overview

This two-storey home on Chester Street in East Elmwood presents a solid, above-average offering for its neighbourhood. Its key appeal lies in its generous proportions, both in living space and land size. With 1,728 sqft of living area, it ranks in the top 10% for size within East Elmwood, providing more room than most local comparables. The lot of over 5,500 sqft is also notably larger than typical for the area, offering valuable outdoor space and potential. A recently renovated basement and a detached garage add practical value. The home suits buyers looking for a spacious, grounded property in a mature neighbourhood without paying a premium for a newer build. It’s particularly well-matched for families or those who value indoor and outdoor room to grow, and for owners who appreciate a home that stands above its immediate peers in key metrics like size and lot dimensions.

Frequently Asked Questions

How does this home compare to others in East Elmwood?
The data shows this property is above average for the neighbourhood in several key areas. Its living space is in the top 10%, and its lot size is in the top 11% of East Elmwood homes, meaning it offers more space than nearly 90% of area properties.

What is the significance of the assessed value versus the recent sale price?
The assessed value is for municipal tax purposes and is often lower than market value. The home sold for $430,000 in June 2023, which provides a concrete, recent benchmark of its market worth, far above its $37,400 assessed value.

Is the renovated basement a legal suite?
The provided details state the basement is renovated but do not specify if it is a legal, rentable suite. This is a critical point to verify with the listing agent or city records, as it impacts value, utility, and regulations.

Given the home was built in 1957, what should I consider?
While the building is of average age for the city, a home from this era may have original components like plumbing, electrical, or windows. The renovated basement is a positive update, but a thorough inspection is advised to understand the condition of the main systems and the scope of any future updates.

How does the detached garage impact the property?
A detached garage offers flexibility—it can be used for vehicle storage, a workshop, or additional storage without encroaching on living space. On a large lot like this, it also allows for more landscaping or yard-use options compared to an attached structure or driveway parking.

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