10 Ghent Cove

Elmhurst, Winnipeg

Property score

82.3

Excellent

Overall 82.3 · Larger and newer than most nearby homes

1,856 sqft (top 24%) · Built in 1985 (5 yrs newer than avg)

Located in a above-average income area with median household income of ~87k

Transit 50.0 · 4-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby

Living Area

Above average

22% larger than neighborhood avg.

Year Built

Above average

5 yrs newer than neighborhood avg.

Mother tongue

English · 78%Punjabi · 4%

Past 10 years Elmhurst sales snapshot (~80% of all data)

Sold Count

438

Median price

477k

$/sqft

$391/sqft

Avg build year

1980

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Property score

82.3 is composed by the two sections below.

Property Score

83.8Excellent
Living Area1,856 sqft89Excellent
Year Built198573Good
Lot Size8,741 sqft93Excellent
Neighbourhood Sales Activity37Low

Community Score

80.0Excellent
Household Income79Good
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need88Excellent
Employment Health60Fair

Neighbourhood Sales

Elmhurst

How to read: Share of sales in each ~$50k price band for “elmhurst” (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: #46110353

Community deep dive

$87K

Median household income

$114K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

34%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)555
Labour force participation rate57%
Median age49.2
Avg household size2.1
Unemployment rate5%
Population density3083 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households34%
Couple families with children23%
Median household income (2020)$87K

Housing

Renter households22%
Condominium dwellings26%
Median dwelling value (owners)$360K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority15%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Punjabi · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,856 sqft
0255075100
Same streetBottom 30%Same areaTop 24%CitywideTop 15%
Same street · Ghent Cove
#7 / 10
Bottom 30% · Avg 2,028 sqft
Same area · Elmhurst
#350 / 1,480
Top 24% · Avg 1,523 sqft
Citywide · Winnipeg
#29,323 / 194,458
Top 15% · Avg 1,342 sqft

Tax-Assessed Value

above average
550k
0255075100
Same streetBottom 40%Same areaTop 15%CitywideTop 13%
Same street · Ghent Cove
#6 / 10
Bottom 40% · Avg 571.1k
Same area · Elmhurst
#215 / 1,480
Top 15% · Avg 460.2k
Citywide · Winnipeg
#24,681 / 194,458
Top 13% · Avg 390.1k

Year Built

above average
1985
0255075100
Same streetBottom 40%Same areaTop 18%CitywideTop 29%

Lot Size

above average
8,741 sqft
0255075100
Same streetBottom 40%Same areaTop 19%CitywideTop 9%

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

10 Ghent Cove — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 333 m).

Search radius
🌳Parks3

Crime & Safety

Elmhurst · WPS public data · 2026

Annual incidents

5

2026

vs. city avg

-83%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

80%

Sales History

Sold 11/2019CA$450k–500k
Sold price

Same street

Bottom 1%

Same area

Top 30%

City-wide

Top 20%

Related homes

Highlights & common questions: 10 Ghent Cove, Winnipeg

Property Overview & Key Characteristics

This 1985-built, two-storey home in Elmhurst offers a compelling blend of space, location, and value. Its primary appeal lies in its generous 8,741 sqft lot—a rare find that places it in the top 9% of all Winnipeg properties for land size. The 1,856 sqft of living space is well above average for the city, complemented by a finished basement, creating ample room for a growing family or those who value spacious interiors.

The home's strength is its established, desirable location. It ranks highly within its own community for lot size, living area, and assessed value, indicating it's a solid property in a sought-after neighbourhood. It particularly suits buyers looking for a long-term family home with significant outdoor space for gardening, play, or future expansion, without the premium of a brand-new build. The thoughtful perspective here is that this property represents a "value anchor" in its area: it's a home with proven, above-average metrics in a mature neighbourhood, offering stability and room to grow rather than flashy new finishes.


Frequently Asked Questions

1. How does the 2019 sale price compare to the current assessment?
The home sold for $472,000 in late 2019. The current assessed value is $550,000. This increase reflects broader market trends and the property's strong characteristics, such as its large lot.

2. What does the ranking data actually mean for a buyer?
The rankings show how this property compares to others nearby. For example, being in the top 13% of its community for assessed value suggests it is considered a more valuable asset than most homes in Elmhurst. This can be a positive indicator for long-term value retention.

3. Is the lack of a garage a significant drawback?
While a garage is a common feature, its absence on such a large lot may present an opportunity. For the right buyer, the space and municipal bylaws could allow for the future addition of a garage or workshop, subject to permits and approvals.

4. The home is 41 years old. What should I consider?
A home of this age will likely have had major components updated. A thorough inspection is crucial to assess the condition of the roof, windows, HVAC system, and plumbing. The positive trade-off is that you often get more space and land for your budget compared to a newer build.

5. Why are the street-level rankings lower than the community and city rankings?
This is a nuanced point. It indicates that Ghent Cove itself may be a street of particularly high-quality, similar properties. So, while this home ranks in the middle of its own street, it excels when compared to the wider community and city, highlighting the overall calibre of the immediate area.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.