Property score
54.6
Fair
Overall 54.6 · Smaller and older than most nearby homes
820 sqft (bottom 16%) · Built in 1925 (16 yrs older than avg)
Located in a high-income area with median household income of ~98k
Transit 74.0 · 3-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
34% smaller than neighborhood avg.
Year Built
Below average
16 yrs older than neighborhood avg.
Mother tongue
English · 80%French · 5%
Past 10 years Elm Park sales snapshot (~80% of all data)
220
401.5k
$424/sqft
1941
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54.6 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110615
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
24 St Mark'S Place — 9 amenities found within 500 m, across 5 categories, including 3 dining (nearest 421 m), 1 education (nearest 320 m), 1 healthcare (nearest 233 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 26% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home in Elm Park is a compact, century-old property built in 1925, offering 820 sqft of living space on a 5,147 sqft lot. Its key appeal lies in its position as an accessible entry point into a well-established neighbourhood. With a notably low assessed value compared to both the immediate street and the wider city, it presents a clear opportunity for budget-conscious buyers. The basement exists but is unrenovated, and the property has no garage or pool.
This home would best suit a first-time buyer, an investor, or a downsizer seeking a lower-cost footprint in a mature area. Its smaller size and vintage require a buyer comfortable with a project, whether that’s updating the existing space or creatively maximizing its potential. A thoughtful perspective is that while the home ranks below average in size and value on its own street, this can translate to a more manageable property tax burden and a chance to add value through thoughtful updates. The lot size, while not oversized for the area, is still generous relative to the home's footprint, offering valuable outdoor space.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's specific characteristics—its smaller size, age, and unrenovated condition—relative to the broader market. It reflects its current state rather than potential market sale price.
2. What does "below average" for living area in the neighbourhood mean practically?
It means this is one of the smaller homes in Elm Park. This results in less interior space to maintain and heat, which can be an advantage for some, but also requires efficient use of the available square footage.
3. Is the unrenovated basement finished or usable?
The listing specifies it is "not renovated," which typically means it is in a rough, unfinished state (concrete floors, exposed framing/mechanicals). It offers storage and potential but would require investment to become living space.
4. How does the recent sale price compare to the assessed value?
The home sold for $28,500 in September 2023, which was close to its assessed value of $24,500 at that time. This indicates the assessment was aligned with its market value at sale.
5. What are the implications of a home built in 1925?
You gain the charm and solid construction of a century-old home but should budget for and inspect age-related systems. This includes the roof, plumbing, wiring, and insulation, which may need updating or have already been partially addressed over the years.
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