69.5
Good
Property score
69.5
Good
Overall 69.5
Compared with neighbourhood average
1,295 sqft (top 36%)
Built in 1940 (1 yr older than avg)
Located in a high-income area
with median household income of ~98k
Transit 74.0
5-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
4% larger than neighborhood avg.
Year Built
Near average
1 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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69.5 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
39 Mager Drive — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 456 m), 1 education (nearest 399 m), 1 healthcare (nearest 259 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 | Top 20% | Top 12% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 39 Mager Drive, Elm Park, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Elm Park is a classic character property built in 1940, sitting on a notably generous lot. With 1,295 sqft of living space, it offers a comfortable footprint that is average for the immediate street but benefits from a renovated basement, adding functional space. The home’s standout feature is its land—at 7,750 sqft, the lot size ranks well above average for both the Elm Park neighbourhood and the city overall, presenting a rare opportunity for gardening, expansion, or simply enjoying ample private outdoor space.
Its appeal lies in this balance of established charm and practical potential. The assessed value is strong relative to the area, suggesting solid inherent value and desirable location attributes. It suits buyers looking for a home with character in a mature neighbourhood, who value a larger, established yard over a modern garage. It would particularly appeal to those with a vision to personalize a solid older home, or to families seeking outdoor space that is increasingly hard to find in city centres.
Section 2: Frequently Asked Questions
1. How does the lot size compare to typical city lots?
The 7,750 sqft lot is significantly larger than the Winnipeg city average of approximately 6,570 sqft, placing it in the top 12% citywide. This is one of the property's most distinguishing assets.
2. The home was built in 1940. What should I consider?
While the basement has been renovated, a home of this age will likely have original elements. Prospective buyers should budget for ongoing maintenance and updates typical of the era, and consider a thorough inspection for systems like wiring and plumbing.
3. There's no garage. Is adding one feasible?
The large lot certainly provides the physical space to add a garage or carport. Any addition would be subject to local zoning bylaws and permitting, but the lot size is a major advantage for this kind of project.
4. The assessed value seems high relative to the sale history. Why?
The property last sold in 2019 for $440k and now carries a $514k assessed value. This increase reflects general market movements and specific improvements (like the basement renovation) over five years. Assessments are for taxation purposes; market value is determined by current sale conditions.
5. What does the "above average" ranking for assessed value in Elm Park mean?
It means this home’s official assessed value is higher than most homes in Elm Park, ranking in the top 7% for the neighbourhood. This often indicates a combination of desirable location, lot characteristics, and property condition relative to area peers.
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