94 Magnolia Street

East Elmwood, Winnipeg

Property score

69.7

Good

Overall 69.7 · Larger than most nearby homes

1,712 sqft (top 10%) · Built in 1955 (2 yrs newer than avg)

Located in a above-average income area with median household income of ~74k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, and 3 parks nearby

Living Area

Above average

61% larger than neighborhood avg.

Year Built

Near average

2 yrs newer than neighborhood avg.

Mother tongue

English · 64%Tagalog · 9%

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

69.7 is composed by the two sections below.

Property Score

73.9Good
Living Area1,712 sqft86Excellent
Year Built195536Low
Lot Size6,942 sqft85Excellent
Neighbourhood Sales Activity48Low

Community Score

63.5Fair
Household Income74Good
Education Level34Low
Housing Stress74Good
Core Housing Need63Fair
Employment Health60Fair

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: #46110803

Community deep dive

$74K

Median household income

$77K

Average household income

13%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

25%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)941
Labour force participation rate71%
Median age36.0
Avg household size2.9
Unemployment rate16%
Population density960 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households25%
Couple families with children26%
Median household income (2020)$74K

Housing

Renter households18%
Condominium dwellings0%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)38%
Visible minority56%
Bachelor's or higher (25–64)16%
Mother tongue (1st)English · 63%
Mother tongue (2nd)Tagalog · 9%

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

Rankings

Living Area

above average
1,712 sqft
0255075100
Same streetTop 20%Same areaTop 10%CitywideTop 20%
Same street · Magnolia Street
#1 / 5
Top 20% · Avg 1,043 sqft
Same area · East Elmwood
#122 / 1,163
Top 10% · Avg 1,065 sqft
Citywide · Winnipeg
#39,763 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
325k
0255075100
Same streetTop 20%Same areaTop 17%CitywideBottom 37%
Same street · Magnolia Street
#1 / 5
Top 20% · Avg 261.6k
Same area · East Elmwood
#193 / 1,163
Top 17% · Avg 265k
Citywide · Winnipeg
#122,076 / 194,458
Bottom 37% · Avg 390.1k

Year Built

around average
1955
0255075100
Same streetTop 40%Same areaTop 42%CitywideBottom 34%

Lot Size

Elite
6,942 sqft
0255075100
Same streetTop 20%Same areaTop 3%CitywideTop 17%

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

94 Magnolia Street — 5 amenities found within 500 m, across 3 categories, including 1 dining (nearest 162 m), 1 education (nearest 346 m), 3 parks (nearest 97 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks3

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 4/2021CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Top 32%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 94 Magnolia Street, Winnipeg

Property Overview

94 Magnolia Street is a spacious, well-situated two-storey home in East Elmwood. Its key appeal lies in offering above-average space both inside and out, presenting a solid value proposition for specific buyers.

Key Characteristics & Buyer Profile

The home’s standout feature is its generous lot size of nearly 7,000 sqft, which places it in the top 3% of East Elmwood. This provides exceptional outdoor potential for gardening, play, or expansion. Coupled with a living area of 1,712 sqft (top 10% in the neighbourhood), the property offers more interior space than most local comparables. The detached garage and renovated basement add functional utility.

Its appeal is grounded in value and space rather than luxury. While its assessed value is above average for the immediate street and area, it sits around the city-wide median, suggesting you get more square footage and land for your dollar here than in many Winnipeg neighbourhoods. Built in 1955, it’s a typical mid-century home, likely with the character and maintenance considerations of that era.

This property would best suit practical buyers who prioritize yard space and room to grow over a turn-key modern finish. It’s ideal for families, hobbyists needing workshop or garden space, or long-term owners willing to update the home over time while enjoying one of the larger lots in the community.

Frequently Asked Questions

1. How does the property’s size compare to others?
The home is notably larger than most in East Elmwood, with a living area in the top 10% for the neighbourhood. The lot size is even more exceptional, ranking in the top 3%.

2. What does the “renovated basement” entail?
The listing confirms the basement is renovated but does not specify the scope or finish. This would require clarification with the seller regarding the work done, permits, and the current layout (e.g., whether it’s a legal suite, rec room, or storage).

3. Is the assessed value a reliable indicator of the sale price?
Not directly. The assessed value for municipal taxes was $32,500. However, a nearby, smaller home on the same street sold for $27,600 in 2021. Market conditions, property updates, and buyer demand will determine the final sale price.

4. What are the implications of a 1955 build date?
This is a mature home. While systems like roofing, wiring, or plumbing may have been updated, buyers should budget for potential repairs or modernizations common to houses of this age and consider an inspection.

5. What is the neighbourhood like?
East Elmwood is a established, residential community. The property’s lot size is a rare find here, offering a semi-suburban feel within the city. Proximity to schools, parks, and the Red River is likely, but specific amenities and traffic patterns should be researched.

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