16 Elm Park Road

Elm Park, Winnipeg

Property score

68.1

Good

Overall 68.1 · Compared with neighbourhood average

1,326 sqft (top 34%) · Built in 1940 (1 yr older than avg)

Located in a high-income area with median household income of ~96k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 6 dining spots, 2 schools, 1 healthcare facility, and 1 shop nearby

Living Area

Near average

6% larger than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 87%French · 2%

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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

68.1 is composed by the two sections below.

Property Score

59.3Fair
Living Area1,326 sqft71Good
Year Built194024Low
Lot Size5,315 sqft67Good
Neighbourhood Sales Activity37Low

Community Score

81.4Excellent
Household Income83Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

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: #46110614

Community deep dive

$96K

Median household income

$91K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

31%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)420
Labour force participation rate55%
Median age45.6
Avg household size2.2
Unemployment rate9%
Population density3230 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households31%
Couple families with children23%
Median household income (2020)$96K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority4%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 86%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
1,326 sqft
0255075100
Same streetTop 37%Same areaTop 34%CitywideTop 40%
Same street · Elm Park Road
#39 / 105
Top 37% · Avg 1,274 sqft
Same area · Elm Park
#205 / 605
Top 34% · Avg 1,247 sqft
Citywide · Winnipeg
#77,666 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

around average
367k
0255075100
Same streetTop 38%Same areaTop 36%CitywideTop 48%
Same street · Elm Park Road
#40 / 105
Top 38% · Avg 363.6k
Same area · Elm Park
#217 / 605
Top 36% · Avg 367.8k
Citywide · Winnipeg
#93,241 / 194,458
Top 48% · Avg 390.1k

Year Built

around average
1940
0255075100
Same streetBottom 38%Same areaBottom 44%CitywideBottom 19%

Lot Size

around average
5,315 sqft
0255075100
Same streetTop 39%Same areaTop 44%CitywideTop 47%

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

16 Elm Park Road — 13 amenities found within 500 m, across 6 categories, including 6 dining (nearest 284 m), 2 education (nearest 153 m), 1 healthcare (nearest 453 m).

Search radius
🍽️Dining6
🏫Education2
🏥Healthcare1
🛒Shopping1
🌳Parks1
Worship2

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 8/2020CA$300k–350k
Sold price

Same street

Bottom 40%

Same area

Bottom 35%

City-wide

Bottom 39%
Sold 12/2017CA$300k–350k
Sold price

Same street

Bottom 43%

Same area

Bottom 37%

City-wide

Bottom 40%

Related homes

Highlights & common questions: 16 Elm Park Road, Winnipeg

Property Overview & Key Characteristics

This one-and-a-half storey home at 16 Elm Park Road in Winnipeg's Elm Park neighbourhood presents a classic, well-proportioned offering. Built in 1940, it sits on a standard 5,315 sqft lot and features 1,326 sqft of living space, a renovated basement, a detached garage, and a pool. Its assessed value and living area are consistently "around average" when compared to homes on its street, in Elm Park, and across the city, indicating it is a typical and stable property for the area without extreme outliers in size or value. Its appeal lies in this established, middle-of-the-road positioning within a mature neighbourhood, offering the desirable amenities of a pool and updated basement without being an oversized or overly complex property. It would suit buyers looking for a solid, move-in-ready home in a settled community, particularly those who value private outdoor recreation space and the character of an older, well-maintained home without the footprint of a large estate.

Frequently Asked Questions

1. How does this home truly compare to others in Elm Park?
The data shows it is consistently average or slightly above average for the neighbourhood in key metrics like living area, land size, and assessed value. This suggests it's a competitive, mainstream property in Elm Park, not a standout bargain or a premium luxury offering.

2. Is the pool a major value-add or a potential burden?
While a private pool is a notable amenity for leisure, prospective buyers should factor in ongoing maintenance costs, insurance implications, and the limited seasonal use in Winnipeg's climate. It's a strong lifestyle feature for the right buyer but not necessarily a direct driver of resale value.

3. What does the "renovated basement" likely entail?
The term indicates functional updates, but specifics on the quality, permits, and finish (e.g., is it a legal suite or a rec room?) are crucial. Given the home's average assessment, it's more likely a finished living space rather than a high-end, income-generating apartment.

4. The home sold for $300k in 2020 but has a much lower assessed value. Why?
Assessed value for property tax purposes is a municipal calculation and often lags behind market value. The 2020 sale price is a clearer indicator of its recent market worth, while the assessment suggests its tax burden is relatively moderate for the area.

5. As a home from 1940, what should I be most concerned about?
While the basement has been renovated, the core structure and major systems (like plumbing, electrical, and the roof) are over 80 years old. A thorough inspection is essential to understand the condition and potential upcoming investments needed beyond the cosmetic updates.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.