21 Elm Park Road

Elm Park, Winnipeg

Property score

58.4

Fair

Overall 58.4 · Smaller than most nearby homes

912 sqft (bottom 27%) · Built in 1932 (9 yrs older than avg)

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

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Below average

9 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

58.4 is composed by the two sections below.

Property Score

41.5Low
Living Area912 sqft42Low
Year Built193222Low
Lot Size5,499 sqft67Good
Neighbourhood Sales Activity37Low

Community Score

83.8Excellent
Household Income84Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

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
912 sqft
0255075100
Same streetBottom 16%Same areaBottom 27%CitywideBottom 18%
Same street · Elm Park Road
#88 / 105
Bottom 16% · Avg 1,274 sqft
Same area · Elm Park
#443 / 605
Bottom 27% · Avg 1,247 sqft
Citywide · Winnipeg
#160,199 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

below average
298k
0255075100
Same streetBottom 10%Same areaBottom 17%CitywideBottom 29%
Same street · Elm Park Road
#94 / 105
Bottom 10% · Avg 363.6k
Same area · Elm Park
#501 / 605
Bottom 17% · Avg 367.8k
Citywide · Winnipeg
#138,741 / 194,458
Bottom 29% · Avg 390.1k

Year Built

around average
1932
0255075100
Same streetBottom 19%Same areaBottom 32%CitywideBottom 18%

Lot Size

above average
5,499 sqft
0255075100
Same streetTop 19%Same areaTop 31%CitywideTop 43%

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

21 Elm Park Road — 10 amenities found within 500 m, across 6 categories, including 4 dining (nearest 334 m), 1 education (nearest 215 m), 1 healthcare (nearest 458 m).

Search radius
🍽️Dining4
🏫Education1
🏥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 3/2023CA$250k–300k
Sold price

Same street

Bottom 6%

Same area

Bottom 12%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 21 Elm Park Road, Winnipeg

Property Overview: 21 Elm Park Road, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Elm Park is defined by its balance of a generous lot and a modest, renovated footprint. Its key characteristic is a land area (5,499 sqft) that is notably larger than most on its street, offering above-average outdoor space in a mature neighbourhood. The living area (912 sqft) is compact, efficiently laid out, and supported by a renovated basement, making it a practical, low-maintenance home. Built in 1932, it carries the charm and solidity of its era.

The appeal lies in its value proposition and potential. With an assessed value significantly below area averages, it presents a accessible entry point into a established neighbourhood. It suits first-time buyers seeking a manageable property with room to garden or expand outdoors, or downsizers looking for a cozy, updated home without a large interior to maintain. A thoughtful perspective is that this property offers "space where it counts"—prioritizing yard over square footage, which is a rarer find than a large house on a small lot. Its recent sale in 2023 also suggests a motivated seller history.

Section 2: Frequently Asked Questions

1. Is the house too small at 912 sqft?
While below the neighbourhood average for living space, the layout and renovated basement effectively expand the usable area. It's designed for efficient living rather than spaciousness.

2. Why is the assessed value lower than nearby homes?
The assessment reflects the home's smaller size and older age relative to others in Elm Park. This doesn't necessarily reflect market price but indicates a potentially lower property tax base.

3. What does "above average" land area on the street mean practically?
It means your lot is larger than 80% of your immediate neighbours'. This provides more privacy, gardening space, and future outdoor flexibility than is typical for the road.

4. How does the 1932 build year affect the home?
It indicates character and sturdy construction, but a thorough inspection is crucial to understand the condition of aging components like plumbing, wiring, and the foundation, even with a renovated basement.

5. Who are the most likely buyers for this property?
It's ideally suited for first-time homeowners or empty-nesters who value outdoor space and a quiet, mature neighbourhood over a large interior, and who appreciate a home with recent updates to the basement.

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