Property score
63.7
Fair
Overall 63.7 · Newer than most nearby homes
1,023 sqft (bottom 36%) · Built in 1955 (14 yrs newer than avg)
Located in a high-income area with median household income of ~95k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 3 parks nearby
Living Area
Below average
18% smaller than neighborhood avg.
Year Built
Above average
14 yrs newer than neighborhood avg.
Mother tongue
English · 87%French · 5%
Past 10 years Elm Park sales snapshot (~80% of all data)
220
401.5k
$424/sqft
1941
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63.7 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: #46110617
$95K
Median household income
$108K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
23%
Single-person households
26%
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
88 Elm Park Road — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 106 m), 3 parks (nearest 137 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 9% | Top 6% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 88 Elm Park Road, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a mature lot in Elm Park presents a specific and compelling profile. Its key characteristic is a recently renovated basement, adding modern living space to a 1955-built structure. At 1,023 sqft of living area, the house itself is more compact than many local comparables, but this is balanced by a desirable, above-average assessed value for the immediate area, suggesting solid underlying value or improvements.
The appeal lies in its efficient package: a manageable-sized home on a good-sized lot (over 5,300 sqft) with updated essentials in a well-established neighbourhood. A detached garage adds practical storage or workshop potential. A thoughtful perspective is that while the living space is modest, the high relative assessed value on its street could indicate it's a well-maintained or updated standout among similar-era homes, offering a move-in-ready opportunity without the premium of a larger footprint.
This property would ideally suit first-time buyers seeking a solid entry into a mature neighbourhood, downsizers looking for single-level living with a renovated basement for family visits or hobbies, or value-focused investors attracted by the strong assessment-to-size ratio and recent updates.
Section 2: Frequently Asked Questions
1. Is the house small?
Yes, at 1,023 sqft, the main living area is below the average for both Elm Park Road and the city overall. However, the renovated basement significantly expands the usable space.
2. Why is the assessed value high for the street?
While the home is not the largest, its assessed value ranks in the top 21% on Elm Park Road. This typically reflects factors like the renovated basement, overall condition, lot desirability, or recent market activity for similar updated homes in the area.
3. What does the sale history indicate?
The property last sold in August 2022 for $510,000, a price that ranked well above average at the time for the area and city. This recent transaction supports the current above-average assessed valuation.
4. Is the lot a good size?
The 5,314 sqft lot is very close to the average for Elm Park Road and provides ample outdoor space for a mature neighbourhood, a valuable asset given the home's efficient interior size.
5. How does the age of the home factor in?
Built in 1955, this home is notably newer than many on its street and in the Elm Park area, where average build years are 1945 and 1941 respectively. This can be an advantage for systems, layout, or potential renovation needs.
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