12 St Mark'S Place

Elm Park, Winnipeg

Property score

48.0

Below average

Overall 48.0 · Smaller and older than most nearby homes

672 sqft (bottom 1%) · Built in 1914 (27 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 school, 1 healthcare facility, and 1 park nearby

Living Area

Below average

46% smaller than neighborhood avg.

Year Built

Below average

27 yrs older than neighborhood avg.

Mother tongue

English · 80%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

48.0 is composed by the two sections below.

Property Score

24.1Low
Living Area15
672 sqftLow
Year Built16
1914Low
Lot Size67
5,310 sqftGood
Neighbourhood Sales Activity37
Low

Community Score

83.8Excellent
Household Income84
Excellent
Education Level82
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health83
Excellent

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: #46110615

Community deep dive

$98K

Median household income

$117K

Average household income

7%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.3

P90 / P10 ratio

30%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)623
Labour force participation rate74%
Median age40.0
Avg household size2.3
Unemployment rate6%
Population density2396 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households30%
Couple families with children21%
Median household income (2020)$98K

Housing

Renter households24%
Condominium dwellings3%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority11%
Bachelor's or higher (25–64)48%
Mother tongue (1st)English · 80%
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

below average
672 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 2%
Same street · St Mark'S Place
#11 / 11
Bottom 1% · Avg 1,251 sqft
Same area · Elm Park
#602 / 605
Bottom 1% · Avg 1,247 sqft
Citywide · Winnipeg
#189,625 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

around average
285k
0255075100
Same streetBottom 36%Same areaBottom 11%CitywideBottom 25%
Same street · St Mark'S Place
#7 / 11
Bottom 36% · Avg 335.2k
Same area · Elm Park
#539 / 605
Bottom 11% · Avg 367.8k
Citywide · Winnipeg
#145,307 / 194,458
Bottom 25% · Avg 390.1k

Year Built

below average
1914
0255075100
Same streetBottom 9%Same areaBottom 2%CitywideBottom 11%

Lot Size

above average
5,310 sqft
0255075100
Same streetTop 27%Same areaBottom 47%CitywideTop 48%

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

12 St Mark'S Place — 10 amenities found within 500 m, across 5 categories, including 3 dining (nearest 329 m), 1 education (nearest 322 m), 1 healthcare (nearest 143 m).

Search radius
🍽️Dining3
🏫Education1
🏥Healthcare1
🌳Parks1
Worship4

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 9/2021CA$300k–350k
Sold price

Same street

Bottom 25%

Same area

Bottom 43%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 12 St Mark'S Place, Winnipeg

Property Overview & Appeal

This one-storey home in Elm Park is defined by its contrasts. Its key characteristic is a generous 5,310 sqft lot that ranks well above average for its immediate street, offering significant outdoor space and potential in a mature neighbourhood. The house itself is compact at 672 sqft, with a renovated basement adding functional living space. Built in 1914, it is one of the older homes in the area, appealing to those who appreciate character and history. The detached garage and below-average assessed value relative to the city suggest a practical, lower-maintenance entry point into the market.

Its primary appeal lies in the land-to-building ratio. For the right buyer, the large lot presents a long-term opportunity—whether for gardening, expansion, or future redevelopment—that is uncommon for the price point. It suits first-time buyers, downsizers seeking a manageable footprint without sacrificing yard space, or value-focused investors attracted by the low tax assessment and the renovated basement's income potential. It’s a property for those who see the land as the primary asset and the existing home as a functional starting point.

Frequently Asked Questions

1. Is the house too small?
At 672 sqft above grade, the living space is significantly smaller than the neighbourhood average. However, the renovated basement effectively doubles the functional area, making it more livable than the main floor square footage alone suggests.

2. How does the low assessed value affect property taxes?
With an assessed value notably below the Winnipeg average, the municipal property tax burden should be proportionally lower, which is a key ongoing cost advantage for the owner.

3. What does the 1914 build year mean for maintenance?
While the home has historic character, its age places it in the top 10% oldest on the street. Buyers should prioritize a thorough inspection for foundational integrity, wiring, and plumbing, balanced against the potential for older-home charm and the fact that it has clearly been maintained for over a century.

4. Is the large lot a good investment?
The lot size is a standout feature, ranking 3rd largest out of 11 on the street. In a mature neighbourhood like Elm Park, land is a scarce commodity. This offers future flexibility and is often where the underlying value lies, especially if surrounding properties are redeveloped.

5. How does the recent sale history inform the price?
The home sold for $31,500 in September 2021. This recent transaction provides a concrete benchmark, suggesting the current assessed value is closely aligned with its very recent market price, which is relatively uncommon.