10 Yarmouth Cove

Elmhurst, Winnipeg

Property score

85.2

Excellent

Overall 85.2 · Larger and newer than most nearby homes

2,390 sqft (top 3%) · Built in 1985 (5 yrs newer than avg)

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

Transit 64.0 · 7-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Above average

57% 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

85.2 is composed by the two sections below.

Property Score

88.7Excellent
Living Area96
2,390 sqftExcellent
Year Built73
1985Good
Lot Size98
12,398 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

80.0Excellent
Household Income79
Good
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need88
Excellent
Employment Health60
Fair

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

Elite
2,390 sqft
0255075100
Same streetTop 33%Same areaTop 3%CitywideTop 4%
Same street · Yarmouth Cove
#2 / 6
Top 33% · Avg 2,109 sqft
Same area · Elmhurst
#44 / 1,480
Top 3% · Avg 1,523 sqft
Citywide · Winnipeg
#7,468 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
756k
0255075100
Same streetTop 17%Same areaTop 1%CitywideTop 3%
Same street · Yarmouth Cove
#1 / 6
Top 17% · Avg 606.7k
Same area · Elmhurst
#14 / 1,480
Top 1% · Avg 460.2k
Citywide · Winnipeg
#5,465 / 194,458
Top 3% · Avg 390.1k

Year Built

above average
1985
0255075100
Same streetBottom 17%Same areaTop 18%CitywideTop 29%

Lot Size

Elite
12,398 sqft
0255075100
Same streetBottom 33%Same areaTop 6%CitywideTop 3%

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 Yarmouth Cove — 10 amenities found within 500 m, across 6 categories, including 3 dining (nearest 284 m), 1 education (nearest 416 m), 1 healthcare (nearest 236 m).

Search radius
🍽️Dining3
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks3
🏦Finance1

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 10/2024CA$850k–900k
Sold price

Same street

Top 50%

Same area

Top 1%

City-wide

Top 1%

Related homes

Highlights & common questions: 10 Yarmouth Cove, Winnipeg

Property Summary: 10 Yarmouth Cove, Winnipeg

Section 1: Key Characteristics & Appeal

This is a substantial, well-established family home in the Elmhurst neighbourhood, built in 1985. Its primary appeal lies in its generous scale and premium lot size. With nearly 2,400 sqft of living space, a fully finished basement, an in-ground pool, and a large 12,398 sqft property, it offers significant room for both living and recreation. The home's competitive strength is clearly reflected in its market performance, having recently sold for a price significantly above its municipal assessment, indicating strong buyer demand.

The property ranks exceptionally well within its community and the wider city, placing in the top 3-6% for lot size, living area, and assessed value in Elmhurst. This suggests it is a standout property in a desirable area. It would best suit buyers looking for a long-term family home with established gardens and mature landscaping, who value space and privacy over a brand-new build. The pool adds a resort-like amenity but also implies a buyer ready for the associated maintenance and enjoyment of outdoor living. It's a home for those appreciating solidity and room to grow, in a neighbourhood where the property itself is a key asset.

Section 2: Frequently Asked Questions

1. How does the recent sale price compare to the home's assessed value?
The property sold for $875,000 in October 2024, which is approximately $119,000 above its municipal assessment of $756,000. This premium suggests strong buyer competition and perceived value beyond the official tax valuation.

2. What do the ranking percentages mean for this home?
The rankings compare this property to others on its street, in Elmhurst, and across all of Winnipeg. For example, ranking in the "top 3%" for living area in Winnipeg means 97% of homes in the city are smaller. These consistently high rankings confirm it is a larger, more valuable property relative to most.

3. Is the pool a major factor in the property's value?
While the pool is a notable luxury feature that contributes to the lifestyle appeal and likely played a role in the sale price, the home's core value is driven by its large lot size, above-average square footage, and its standing within a sought-after neighbourhood.

4. What should I consider about a home built in 1985?
A home of this age is likely to have seen updates, but a prospective buyer should prioritize a thorough inspection of major systems (roof, HVAC, plumbing, electrical) and the building envelope. The upside is well-established neighbourhoods and mature, private landscaping.

5. How does the lot size impact this property?
At over 12,000 sqft, the lot is a significant asset, offering privacy, space for the pool, and ample backyard potential. It also places the home in a very exclusive category, as fewer than 3% of Winnipeg properties are larger. This size contributes to both the value and the ongoing maintenance (lawn care, snow clearing) responsibilities.