98 Springside Drive

Elm Park, Winnipeg

Property score

74.9

Good

Overall 74.9 · Larger than most nearby homes

1,794 sqft (top 10%) · Built in 1947 (6 yrs newer than avg)

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

Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 5 dining spots, 3 schools, 1 shop, and 4 parks nearby

Living Area

Above average

44% larger 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

74.9 is composed by the two sections below.

Property Score

70.5Good
Living Area1,794 sqft86Excellent
Year Built194730Low
Lot Size5,646 sqft74Good
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

Elite
1,794 sqft
0255075100
Same streetTop 5%Same areaTop 10%CitywideTop 17%
Same street · Springside Drive
#3 / 58
Top 5% · Avg 1,092 sqft
Same area · Elm Park
#63 / 605
Top 10% · Avg 1,247 sqft
Citywide · Winnipeg
#33,811 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

Elite
450k
0255075100
Same streetTop 2%Same areaTop 14%CitywideTop 28%
Same street · Springside Drive
#1 / 58
Top 2% · Avg 328.4k
Same area · Elm Park
#87 / 605
Top 14% · Avg 367.8k
Citywide · Winnipeg
#55,153 / 194,458
Top 28% · Avg 390.1k

Year Built

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

Lot Size

above average
5,646 sqft
0255075100
Same streetTop 12%Same areaTop 27%CitywideTop 40%

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

98 Springside Drive — 13 amenities found within 500 m, across 4 categories, including 5 dining (nearest 397 m), 3 education (nearest 142 m), 1 shopping (nearest 375 m).

Search radius
🍽️Dining5
🏫Education3
🛒Shopping1
🌳Parks4

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 9/2020CA$350k–400k
Sold price

Same street

Top 24%

Same area

Top 20%

City-wide

Top 34%

Related homes

Highlights & common questions: 98 Springside Drive, Winnipeg

Property Overview

98 Springside Drive is a well-established, two-storey home in Winnipeg's Elm Park neighbourhood. Its primary appeal lies in its generous proportions and its standout position within a desirable, mature community. With 1,794 sqft of living space, it ranks in the top 5% of homes on its street and the top 10% within Elm Park for size. The home sits on a 5,646 sqft lot and features an attached garage and a renovated basement. Built in 1947, it is a character home that has been maintained and updated over time.

The property’s assessed value of $450k places it in the top 2% on Springside Drive and the top 14% in Elm Park, indicating it is considered a premium property within its immediate area. This home would best suit buyers looking for established character, above-average interior space, and a stable, prestigious address. It appeals to those who value a mature streetscape over a brand-new build and are comfortable with the upkeep of a older, larger home. A thoughtful perspective is that while the home is older than the citywide average, its superior size and value within Elm Park suggest it has been a cared-for asset in a consistently sought-after location.


Frequently Asked Questions

How does the home’s age affect its value?
While built in 1947, the home’s assessed value is among the highest on its street and in Elm Park. This indicates that updates, lot size, and overall desirability of the property have outweighed the age factor for valuation purposes.

Is the living space configuration modern?
As a classic two-storey from the 1940s, the floor plan may reflect the era's design. However, with 1,794 sqft (significantly above area averages) and a renovated basement, it offers ample space that can be adapted to modern living needs.

What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This would be a key point for clarification to understand if it's a finished recreational space, contains additional bedrooms, or has updated utilities.

How does the lot size compare?
At 5,646 sqft, the lot is above average for both the street and Elm Park. This provides generous outdoor space for a mature neighbourhood, a valuable feature for privacy, gardening, or entertainment.

Why is the assessed value so high relative to nearby sale prices from 2020?
The home's $450k assessment is a current government valuation for tax purposes, which considers many factors. The nearby 2020 sale prices (e.g., $396k) are historical market data and do not reflect the current market or this specific property's condition and premium ranking.

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