86 Springside Drive

Elm Park, Winnipeg

Property score

51.2

Fair

Overall 51.2 · Smaller than most nearby homes

735 sqft (bottom 4%) · Built in 1947 (6 yrs newer than avg)

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

Transit 64.0 · 7-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 3 schools, 1 shop, and 4 parks nearby

Living Area

Below average

41% smaller than neighborhood avg.

Year Built

Near average

6 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

51.2 is composed by the two sections below.

Property Score

31.1Low
Living Area735 sqft22Low
Year Built194730Low
Lot Size5,081 sqft67Good
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

below average
735 sqft
0255075100
Same streetBottom 16%Same areaBottom 4%CitywideBottom 6%
Same street · Springside Drive
#49 / 58
Bottom 16% · Avg 1,092 sqft
Same area · Elm Park
#580 / 605
Bottom 4% · Avg 1,247 sqft
Citywide · Winnipeg
#183,552 / 194,458
Bottom 6% · Avg 1,342 sqft

Tax-Assessed Value

around average
315k
0255075100
Same streetBottom 43%Same areaBottom 30%CitywideBottom 34%
Same street · Springside Drive
#33 / 58
Bottom 43% · Avg 328.4k
Same area · Elm Park
#425 / 605
Bottom 30% · Avg 367.8k
Citywide · Winnipeg
#128,657 / 194,458
Bottom 34% · Avg 390.1k

Year Built

above average
1947
0255075100
Same streetTop 10%Same areaTop 33%CitywideBottom 24%

Lot Size

around average
5,081 sqft
0255075100
Same streetBottom 43%Same areaBottom 22%CitywideBottom 47%

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

86 Springside Drive — 14 amenities found within 500 m, across 5 categories, including 5 dining (nearest 336 m), 3 education (nearest 206 m), 1 shopping (nearest 305 m).

Search radius
🍽️Dining5
🏫Education3
🛒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 11/2021CA$250k–300k
Sold price

Same street

Bottom 24%

Same area

Bottom 33%

City-wide

Bottom 38%

Related homes

Highlights & common questions: 86 Springside Drive, Winnipeg

Property Overview: 86 Springside Drive, Elm Park, Winnipeg

Key Characteristics & Appeal

This one-storey home in Elm Park is a compact, character property built in 1947. With 735 sqft of living space, it is notably smaller than most area homes, placing it in the top 10% for age on its street but in the lower percentiles for size. Its appeal lies in its efficient, renovated basement, a detached garage, and a standard 5,081 sqft lot. The assessed value is consistently around the average for the street, neighbourhood, and city, suggesting a stable, mid-range valuation.

This home would suit a specific buyer: a first-time purchaser, a downsizer, or an investor looking for a manageable, lower-maintenance property in a well-established neighbourhood. Its smaller scale makes it a practical entry point into Elm Park without the upkeep of a larger house. A thoughtful perspective is that its modest size and average valuation could represent a lower financial barrier to entry, allowing the right buyer to invest more in personal updates over time. It’s a home for someone who values location and lot over square footage, seeing potential in what is already there.

Frequently Asked Questions

1. Is the house too small for a small family?
At 735 sqft above grade, the living space is compact. Its suitability would depend heavily on the layout and the renovated basement, which could provide crucial additional space for a family willing to live efficiently.

2. How does the assessed value compare to the last sale price?
The home was last sold in November 2021 for $29,800. The current assessed value of $31,500 is slightly higher, indicating stable or slightly appreciating value in line with area averages.

3. What is the neighbourhood like?
Elm Park is a mature, established neighbourhood. The property's rankings show that while this home is smaller than most in the area, its value and lot size are consistent with community norms, suggesting it's a integrated part of a stable area.

4. Are there any obvious advantages to the lot or location?
The lot is a standard size for the street but below the neighbourhood average. Its advantage is its typicality—it fits the streetscape without excessive yard maintenance. Being on a street with many similar vintage homes can contribute to streetscape consistency and value stability.

5. What might be a less obvious consideration before viewing?
Given its age (1947) and smaller footprint, pay close attention to the quality and scope of the basement renovation and the home's mechanical systems. The value here is in solid fundamentals and location; major unrenovated original elements could require investment. Also, consider that a home ranking "above average" in age on its street means it is among the newer homes in a very mature area, which can be a positive for structure and systems.

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