12 Gnapp Cove

Elmhurst, Winnipeg

Property score

88.2

Excellent

Overall 88.2 · Larger and newer than most nearby homes

2,544 sqft (top 2%) · Built in 1992 (12 yrs newer than avg)

Located in a high-income area with median household income of ~125k

Transit 50.0 · 5-min walk to transit with 1 nearby route · Within 500m: 1 school, 3 parks, and 1 place of worship nearby

Living Area

Above average

67% larger than neighborhood avg.

Year Built

Above average

12 yrs newer than neighborhood avg.

Mother tongue

English · 88%French · 1%

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

88.2 is composed by the two sections below.

Property Score

87.9Excellent
Living Area98
2,544 sqftExcellent
Year Built81
1992Excellent
Lot Size74
5,952 sqftGood
Neighbourhood Sales Activity37
Low

Community Score

88.7Excellent
Household Income91
Excellent
Education Level82
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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: #46110357

Community deep dive

$125K

Median household income

$158K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

15%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)421
Labour force participation rate67%
Median age49.6
Avg household size2.6
Unemployment rate7%
Population density2631 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households15%
Couple families with children37%
Median household income (2020)$125K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority7%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 88%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

Elite
2,544 sqft
0255075100
Same streetTop 20%Same areaTop 2%CitywideTop 3%
Same street · Gnapp Cove
#2 / 10
Top 20% · Avg 2,252 sqft
Same area · Elmhurst
#28 / 1,480
Top 2% · Avg 1,523 sqft
Citywide · Winnipeg
#5,042 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
699k
0255075100
Same streetTop 20%Same areaTop 3%CitywideTop 4%
Same street · Gnapp Cove
#2 / 10
Top 20% · Avg 616.8k
Same area · Elmhurst
#38 / 1,480
Top 3% · Avg 460.2k
Citywide · Winnipeg
#7,581 / 194,458
Top 4% · Avg 390.1k

Year Built

above average
1992
0255075100
Same streetTop 10%Same areaTop 6%CitywideTop 21%

Lot Size

around average
5,952 sqft
0255075100
Same streetBottom 30%Same areaBottom 27%CitywideTop 34%

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

12 Gnapp Cove — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 395 m), 3 parks (nearest 446 m).

Search radius
🏫Education1
🌳Parks3
Worship1

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

12 Gnapp Cove: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 12 Gnapp Cove, Winnipeg

Property Overview

12 Gnapp Cove is a spacious, well-established two-storey home in Elmhurst, built in 1992. Its primary appeal lies in offering above-average space and a mature setting on a large lot, without the premium price tag of a brand-new build. The home features a finished basement and a generous 2,544 sqft of living area, which ranks it in the top 2% of homes in its community and across Winnipeg for size. With a lot size of nearly 6,000 sqft, it provides ample outdoor space. The property's assessed value of $699,000 positions it as a strong, above-average offering in its immediate area.

This home would suit buyers looking for established neighbourhood character and more square footage for their budget, particularly growing families or those who value room to spread out. It's a practical choice for someone who wants a move-in-ready, sizable home without needing a garage, and who appreciates a property that already holds a competitive position in terms of size and value within its market.

Key Considerations & FAQs

  1. What are the less obvious advantages of this property?
    Beyond the clear space and lot size, the home's age (34 years) means major systems may have been updated, and the neighbourhood's maturity offers established landscaping and settled community feel. Its rankings show it's a newer and larger home relative to most in Elmhurst, suggesting it may have more modern features than area averages.

  2. How does the lack of a garage impact this property?
    The absence of a garage is a trade-off for the lot size and home square footage at this price point. It suits buyers who prioritize living and yard space over covered vehicle storage, or those open to adding a detached garage or carport in the future, subject to local bylaws.

  3. What do the provided rankings actually tell me?
    They show the home's competitive standing. For example, it's larger than 98% of Winnipeg homes, which is a significant asset. However, its overall "community rank" is lower because it's compared on multiple factors (like age and value), not just size. This indicates you're getting a lot of house for the area, but it may not be the newest or highest-valued property on the block.

  4. Is the finished basement included in the listed living area?
    Typically, Canadian living area (sqft) refers to above-grade space. The 2,544 sqft is likely the main and upper floors only, with the finished basement providing additional, bonus living space not reflected in that primary figure.

  5. Who might this property not suit?
    It may not be ideal for buyers seeking a modern, open-concept layout without any renovation work, or for those who require immediate garage parking. It's also likely not a fit for investors or buyers focused solely on the very newest properties, as it represents a mature, settled home.