115 Elm Park Road

Elm Park, Winnipeg

Property score

73.8

Good

Overall 73.8 · Larger but older than most nearby homes

1,604 sqft (top 18%) · Built in 1931 (10 yrs older than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 6 parks nearby

Living Area

Above average

29% larger than neighborhood avg.

Year Built

Below average

10 yrs older 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

73.8 is composed by the two sections below.

Property Score

67.1Good
Living Area1,604 sqft83Excellent
Year Built193122Low
Lot Size5,999 sqft74Good
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
1,604 sqft
0255075100
Same streetTop 17%Same areaTop 18%CitywideTop 25%
Same street · Elm Park Road
#18 / 105
Top 17% · Avg 1,274 sqft
Same area · Elm Park
#109 / 605
Top 18% · Avg 1,247 sqft
Citywide · Winnipeg
#48,919 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
434k
0255075100
Same streetTop 14%Same areaTop 17%CitywideTop 31%
Same street · Elm Park Road
#15 / 105
Top 14% · Avg 363.6k
Same area · Elm Park
#103 / 605
Top 17% · Avg 367.8k
Citywide · Winnipeg
#60,733 / 194,458
Top 31% · Avg 390.1k

Year Built

around average
1931
0255075100
Same streetBottom 15%Same areaBottom 30%CitywideBottom 18%

Lot Size

above average
5,999 sqft
0255075100
Same streetTop 8%Same areaTop 20%CitywideTop 32%

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

115 Elm Park Road — 7 amenities found within 500 m, across 2 categories, including 1 education (nearest 219 m), 6 parks (nearest 312 m).

Search radius
🏫Education1
🌳Parks6

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 8/2022CA$400k–450k
Sold price

Same street

Top 29%

Same area

Top 19%

City-wide

Top 33%

Related homes

Highlights & common questions: 115 Elm Park Road, Winnipeg

Property Overview: 115 Elm Park Road, Winnipeg

Key Characteristics & Appeal

This two-storey home in Elm Park is defined by its generous proportions and established location. Built in 1931, it offers a spacious 1,604 sqft of living area, which ranks well above average for both the street and the neighbourhood. A key asset is the large, 5,999 sqft lot, placing it in the top 8% for land size on Elm Park Road, offering significant outdoor space and potential. The home features a renovated basement and a detached garage.

Its appeal lies in offering more space—both indoors and on the land—than most comparable homes in a mature, sought-after area. The assessed value is strong for the immediate locale, suggesting a solid investment within the community context. This property would best suit buyers who value character, space over new construction, and the stability of an established neighbourhood. It’s a practical choice for those seeking room to grow or garden, and who appreciate a home that stands out in its immediate surroundings for its lot size and living area.

Frequently Asked Questions

1. How does the age of the home (1931) affect its value?
While older than many area homes, this is reflected in its "below average" ranking for year built. However, its above-average rankings for living area, lot size, and assessed value on the street suggest the home's spaciousness and location are significant compensating factors that sustain its desirability.

2. Is the assessed value a reliable indicator of the sale price?
The assessed value of $43.40k is a municipal tax valuation. Notably, the home last sold in August 2022 for $40.30k. Current market conditions, the home's condition, and specific features will ultimately determine the sale price.

3. What does the "above average" lot size mean practically?
With a lot size in the top 8% on its street, this property offers a notably larger yard than most neighbours. This allows for greater privacy, landscaping opportunities, outdoor living space, and potential for additions (subject to zoning).

4. Who might this home not suit?
Buyers seeking a modern, turn-key home with no renovation projects may find the age a drawback. Similarly, those prioritizing a brand-new neighbourhood feel or attached garage convenience might look elsewhere.

5. How does this home compare to the wider Winnipeg market?
City-wide, its living area remains above average, but its lot size and assessed value are closer to the median. This highlights that its prime advantages—space and value—are most pronounced within the desirable Elm Park neighbourhood itself.

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