Property score
48.0
Below average
Overall 48.0 · Smaller than most nearby homes
672 sqft (bottom 1%) · Built in 1943 (2 yrs newer than avg)
Located in a high-income area with median household income of ~96k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 5 dining spots, 4 schools, 1 shop, and 4 parks nearby
Living Area
Below average
46% smaller than neighborhood avg.
Year Built
Near average
2 yrs newer than neighborhood avg.
Mother tongue
English · 87%French · 2%
Past 10 years Elm Park sales snapshot (~80% of all data)
220
401.5k
$424/sqft
1941
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48.0 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: #46110614
$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
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
49 Springside Drive — 15 amenities found within 500 m, across 5 categories, including 5 dining (nearest 270 m), 4 education (nearest 316 m), 1 shopping (nearest 202 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 6% | Bottom 27% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 49 Springside Drive, Elm Park, Winnipeg
Key Characteristics & Appeal
This one-storey home in Elm Park is a compact, 672 sqft residence built in 1943, sitting on a standard 5,083 sqft lot. Its key characteristic is its modest, efficient scale, which is significantly smaller than average for the street, neighbourhood, and city. The home features a renovated basement and a detached garage.
Its primary appeal lies in its location within a well-established neighbourhood and its relative value. While the living space is small, the assessed value of $310k is positioned around the city-wide average, suggesting the lot location and the Elm Park community are significant drivers of value. This creates an entry point into a desirable area that might otherwise be out of reach. The renovated basement adds functional space, offsetting the main floor's footprint.
This property would best suit a minimalist, a first-time buyer prioritizing location over size, or an investor looking for a lower-priced rental in a stable area. It is less suited for those requiring ample indoor living space or modern, open-concept layouts, given its vintage and compact nature. A thoughtful perspective is that this home represents a trade-off: you are purchasing a place in the community more than a large structure, which can be a strategic long-term investment in a neighbourhood's land value.
Frequently Asked Questions
1. Is the living area truly only 672 sqft?
Yes. The data confirms this home's living area is notably smaller than most comparable homes in Elm Park and across Winnipeg, placing it in the bottom tier for size rankings locally.
2. Why is the assessed value relatively average if the house is so small?
The assessment reflects more than just the building's size. It incorporates the value of the land in Elm Park, the renovated basement, and the overall property. This indicates that the lot location in a established neighbourhood is a substantial component of its worth.
3. What does "Top 100%" for Living Area in the neighbourhood mean?
This statistical ranking means that, within Elm Park, this home's living area is larger than 0% of comparable homes—effectively, it is at the very bottom of the list for size. It is the smallest or among the very smallest when compared directly to its local peers.
4. How does the recent sale history affect current value?
The home sold in September 2020 for $287,000. The current assessed value of $310k suggests a moderate increase in market value since that last sale, consistent with broader market trends over that period.
5. Is the detached garage a significant advantage?
In a neighbourhood of older homes where many garages were not originally built, a detached garage is a practical asset. It provides secure storage and parking, which can be a valuable convenience and a relative standout feature on this street.
