71 Springside Drive

Elm Park, Winnipeg

Property score

73.9

Good

Overall 73.9 · Larger than most nearby homes

1,536 sqft (top 21%) · Built in 1946 (5 yrs newer than avg)

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

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 5 dining spots, 4 schools, 1 shop, and 4 parks nearby

Living Area

Above average

23% larger than neighborhood avg.

Year Built

Near average

5 yrs newer 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

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Property score

73.9 is composed by the two sections below.

Property Score

68.9Good
Living Area1,536 sqft79Good
Year Built194630Low
Lot Size7,909 sqft91Excellent
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

above average
1,536 sqft
0255075100
Same streetTop 7%Same areaTop 21%CitywideTop 28%
Same street · Springside Drive
#4 / 58
Top 7% · Avg 1,092 sqft
Same area · Elm Park
#126 / 605
Top 21% · Avg 1,247 sqft
Citywide · Winnipeg
#55,216 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

above average
374k
0255075100
Same streetTop 10%Same areaTop 32%CitywideTop 46%
Same street · Springside Drive
#6 / 58
Top 10% · Avg 328.4k
Same area · Elm Park
#196 / 605
Top 32% · Avg 367.8k
Citywide · Winnipeg
#88,864 / 194,458
Top 46% · Avg 390.1k

Year Built

above average
1946
0255075100
Same streetTop 19%Same areaTop 36%CitywideBottom 23%

Lot Size

Elite
7,909 sqft
0255075100
Same streetTop 3%Same areaTop 10%CitywideTop 12%

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

71 Springside Drive — 15 amenities found within 500 m, across 5 categories, including 5 dining (nearest 331 m), 4 education (nearest 247 m), 1 shopping (nearest 277 m).

Search radius
🍽️Dining5
🏫Education4
🛒Shopping1
🌳Parks4
Worship1

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 11/2024CA$400k–450k
Sold price

Same street

Top 12%

Same area

Top 12%

City-wide

Top 25%

Related homes

Highlights & common questions: 71 Springside Drive, Winnipeg

Property Overview: 71 Springside Drive, Elm Park, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Elm Park offers a compelling blend of space, location, and value. Its key characteristic is an exceptionally large lot—at nearly 7,900 sq ft, it ranks in the top 3% on its street—providing rare outdoor potential in the city. The 1,536 sq ft living area is also notably spacious for the immediate area, placing it well above local averages. A recently renovated basement adds modern, functional space.

The appeal lies in this above-average footprint combined with the established, quiet charm of Elm Park. It suits buyers looking for a generous yard for gardening, recreation, or future expansion, and who value more interior space than is typical for the neighbourhood. It’s a practical choice for a growing family or anyone prioritizing room over a brand-new build, as the 1946 structure offers classic character but may require updates. A thoughtful perspective is that the strong lot and living area metrics, paired with a recent sale price that outperformed many peers, suggest the property is seen as a solid long-term asset in a desirable area, not just a house.

Section 2: Frequently Asked Questions

1. How does the recent sale price compare to the assessed value?
The home sold for $440,000 in November 2024, which is significantly higher than its $37,400 assessed value. This is common, as municipal assessments for tax purposes often lag behind current market values.

2. What does the "Elite" ranking for Land Area mean?
This means the property's lot size is in the top 3% compared to 58 immediate neighbours on Springside Drive. It has one of the largest yards on the street, offering more privacy and space than most.

3. Is the home older than others in the area?
Built in 1946, it is slightly newer than the average home on its street (1945) and in Elm Park (1941). City-wide, it is older than the average Winnipeg home. Its age is typical for the mature, established neighbourhood.

4. What does the renovated basement include?
The listing confirms the basement is renovated, but specific finishes and layouts should be verified by a viewing or with the selling agent. It adds valuable finished living space to the home's total area.

5. How does this home’s size compare to nearby properties?
With 1,536 sq ft of living area, it is substantially larger than the average home on Springside Drive (~1,092 sq ft) and in Elm Park (~1,247 sq ft). This makes it a standout for interior space within the local context.

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