Property score
53.3
Fair
Overall 53.3 · Compared with neighbourhood average
919 sqft (top 49%) · Built in 1955 (2 yrs newer than avg)
Located in a average-income area with median household income of ~61.2k
Transit 64.0 · 7-min walk to transit with 2 nearby routes · Within 500m: 4 schools, 2 parks, and 1 place of worship nearby
Living Area
Near average
14% smaller than neighborhood avg.
Year Built
Near average
2 yrs newer than neighborhood avg.
Mother tongue
English · 66%Tagalog · 5%
Past 10 years East Elmwood sales snapshot (~80% of all data)
460
277.7k
$225/sqft
1953
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53.3 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: #46111145
$61K
Median household income
$69K
Average household income
25%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
28%
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
422 Kent Road — 7 amenities found within 500 m, across 3 categories, including 4 education (nearest 194 m), 2 parks (nearest 223 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 47% | Top 24% | Bottom 39% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 29% | Bottom 46% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 1955-built, one-storey home in East Elmwood presents a compelling opportunity centered on its land and location. The primary appeal lies in its substantial 8,313 sqft lot, which ranks in the top 2% on its street and top 1% within the neighbourhood. This generous outdoor space offers significant potential for gardening, expansion, or future development, a rare find in mature areas. With a modest 919 sqft living area, the house itself may appeal to those seeking a simpler, manageable footprint or a solid foundation for renovation.
The property suits practical buyers who prioritize land value over immediate move-in condition. It’s ideal for a long-term investor, a handy homeowner planning gradual updates, or a buyer looking to secure a large lot in a stable neighbourhood. The home’s assessed value has shown notable growth, increasing from $235k in 2019 to $300k, indicating strong underlying value appreciation. Its appeal is less about luxury finishes and more about the tangible asset of the land and the opportunity it represents.
Frequently Asked Questions
1. What is the true draw of this property?
While the house is a functional, older bungalow, the standout feature is the lot size. At over 8,300 sqft, it is significantly larger than most in the area, offering privacy and future potential that is increasingly hard to find.
2. Is the house in move-in condition?
Given its age and modest living space, buyers should anticipate typical maintenance or updates for a home from the 1950s. The value proposition is more about the land and location than a turn-key interior.
3. How does the assessed value compare to recent sales?
The current assessed value is $300k. The home last sold in June 2021 for $302k, suggesting the assessment is closely aligned with a recent market price, providing a solid benchmark.
4. What is the neighbourhood like?
East Elmwood is a mature, established neighbourhood. The property ranks exceptionally high for lot size within this area, indicating you’d be securing one of the larger, more private parcels on the street.
5. Is this a good investment property?
The substantial lot size is a key investment attribute, as land often drives long-term value. The steady increase in assessed value over recent years and the large, usable yard make it suitable for a buy-and-hold strategy or a future renovation project.
