103 Elm Park Road

Elm Park, Winnipeg

Property score

77.4

Good

Overall 77.4 · Larger and newer than most nearby homes

1,916 sqft (top 8%) · Built in 1951 (10 yrs newer than avg)

Located in a high-income area with median household income of ~95k

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 4 parks nearby

Living Area

Above average

54% larger than neighborhood avg.

Year Built

Above average

10 yrs newer than neighborhood avg.

Mother tongue

English · 87%French · 5%

Past 10 years Elm Park sales snapshot (~80% of all data)

Sold Count

220

Median price

401.5k

$/sqft

$424/sqft

Avg build year

1941

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Property score

77.4 is composed by the two sections below.

Property Score

73.2Good
Living Area1,916 sqft92Excellent
Year Built195136Low
Lot Size4,731 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

83.8Excellent
Household Income83Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

Elm Park

How to read: Share of sales in each ~$50k price band for “elm park” (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: #46110617

Community deep dive

$95K

Median household income

$108K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

23%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)524
Labour force participation rate70%
Median age38.0
Avg household size2.3
Unemployment rate6%
Population density1378 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households23%
Couple families with children26%
Median household income (2020)$95K

Housing

Renter households17%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority8%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 86%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

above average
1,916 sqft
0255075100
Same streetTop 8%Same areaTop 8%CitywideTop 13%
Same street · Elm Park Road
#8 / 105
Top 8% · Avg 1,274 sqft
Same area · Elm Park
#47 / 605
Top 8% · Avg 1,247 sqft
Citywide · Winnipeg
#25,289 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

Elite
526k
0255075100
Same streetTop 4%Same areaTop 7%CitywideTop 16%
Same street · Elm Park Road
#4 / 105
Top 4% · Avg 363.6k
Same area · Elm Park
#41 / 605
Top 7% · Avg 367.8k
Citywide · Winnipeg
#30,831 / 194,458
Top 16% · Avg 390.1k

Year Built

above average
1951
0255075100
Same streetTop 38%Same areaTop 20%CitywideBottom 29%

Lot Size

around average
4,731 sqft
0255075100
Same streetBottom 3%Same areaBottom 6%CitywideBottom 38%

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

103 Elm Park Road — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 158 m), 4 parks (nearest 228 m).

Search radius
🏫Education1
🌳Parks4

Crime & Safety

Elm Park · WPS public data · 2026

Annual incidents

8

2026

vs. city avg

-73%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

50%

Sales History

Sold 8/2021CA$600k–650k
Sold price

Same street

Top 3%

Same area

Top 1%

City-wide

Top 6%

Related homes

Highlights & common questions: 103 Elm Park Road, Winnipeg

Property Overview

This two-storey home at 103 Elm Park Road in Winnipeg’s Elm Park neighbourhood presents a compelling mix of space, value, and location. Its key appeal lies in offering above-average living space and a high assessed value within a well-regarded area, making it a standout property for specific buyers.

Key Characteristics & Appeal

The home’s primary strength is its generous 1,916 sqft of living area, which places it in the top 8% of homes in both Elm Park and on its own street. This is complemented by a recently renovated basement, adding functional space. Its assessed value is notably high (top 4% on Elm Park Road), suggesting a property that has been well-maintained or upgraded relative to its peers. Built in 1951, it is newer than many area homes. A detached garage adds practical convenience.

The appeal is nuanced: while the house itself is spacious and valuable, the lot is more modest in size compared to immediate neighbours (ranking 102nd of 105 on the street for land area). This creates an interesting profile—it’s a home for those who prioritize interior space and modernized living over extensive outdoor grounds. It would suit buyers looking for move-in-ready space in a mature neighbourhood, particularly those who value a large, updated interior and a strong value proposition over a large yard. The 2021 sale price of $62.10k, which was in the top 3% for the street at that time, underscores its history of commanding a premium.

Frequently Asked Questions

1. Is the high assessed value a good sign?
Typically, yes. A high assessed value relative to comparable homes often indicates desirable features, upgrades, or a premium location. It generally reflects a property that stands out positively in the market.

2. What does the smaller land area mean for me?
The lot is smaller than most on the street and in Elm Park. This could mean less yard maintenance but also less private outdoor space. It’s a trade-off that emphasizes the home's interior living space over its land.

3. The home is newer than many on the street. What are the implications?
A 1951 build date is newer than the area average. This can sometimes mean updated building materials or systems compared to older homes, though a specific inspection is always needed to confirm the condition of the roof, wiring, and plumbing.

4. Who would this property not suit as well?
Buyers seeking a large garden, extensive outdoor entertaining space, or significant expansion potential might find the lot size limiting. It’s best suited for those whose lifestyle is focused on indoor living.

5. How stable is the value in this location?
The home’s strong rankings for living area and assessed value within Elm Park—a consistent and desirable neighbourhood—suggest a history of solid value retention. Its appeal is based on interior space and condition, which are durable assets.

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