123 Woodchester Bay

Elmhurst, Winnipeg

Property score

59.4

Fair

Overall 59.4 · Smaller than most nearby homes

844 sqft (bottom 2%) · Built in 1983 (3 yrs newer than avg)

Located in a high-income area with median household income of ~114k

Transit 40.0 · 6-min walk to transit with 1 nearby route · Within 500m: 1 school nearby

Living Area

Below average

45% smaller than neighborhood avg.

Year Built

Near average

3 yrs newer than neighborhood avg.

Mother tongue

English · 88%Chinese · 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

59.4 is composed by the two sections below.

Property Score

44.6Low
Living Area844 sqft32Low
Year Built198373Good
Lot Size4,905 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

81.5Excellent
Household Income90Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health68Good

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: #46110359

Community deep dive

$114K

Median household income

$125K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

18%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)684
Labour force participation rate65%
Median age43.2
Avg household size2.5
Unemployment rate8%
Population density2358 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households18%
Couple families with children35%
Median household income (2020)$114K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)4%
Visible minority5%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 87%
Mother tongue (2nd)Chinese · 0%

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

Rankings

Living Area

below average
844 sqft
0255075100
Same streetBottom 2%Same areaBottom 2%CitywideBottom 12%
Same street · Woodchester Bay
#61 / 62
Bottom 2% · Avg 1,360 sqft
Same area · Elmhurst
#1,453 / 1,480
Bottom 2% · Avg 1,523 sqft
Citywide · Winnipeg
#170,542 / 194,458
Bottom 12% · Avg 1,342 sqft

Tax-Assessed Value

around average
353k
0255075100
Same streetBottom 3%Same areaBottom 9%CitywideBottom 47%
Same street · Woodchester Bay
#60 / 62
Bottom 3% · Avg 428k
Same area · Elmhurst
#1,347 / 1,480
Bottom 9% · Avg 460.2k
Citywide · Winnipeg
#102,497 / 194,458
Bottom 47% · Avg 390.1k

Year Built

Elite
1983
0255075100
Same streetTop 3%Same areaTop 34%CitywideTop 31%

Lot Size

around average
4,905 sqft
0255075100
Same streetBottom 13%Same areaBottom 5%CitywideBottom 42%

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

123 Woodchester Bay — 1 amenities found within 500 m, across 1 categories, including 1 education (nearest 462 m).

Search radius
🏫Education1

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 6/2016CA$250k–300k
Sold price

Same street

Bottom 6%

Same area

Bottom 5%

City-wide

Bottom 35%

Related homes

Highlights & common questions: 123 Woodchester Bay, Winnipeg

Property Overview: 123 Woodchester Bay, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This 1983-built bi-level home in Elmhurst sits on a generous 4,905 sqft lot. Its key features include a fully finished basement and a total living area of 844 sqft. The property's standout characteristic is its relative newness for the area; it is newer than 97% of homes on its street, offering a more modern construction foundation in an established neighbourhood. Its appeal lies in this balance—a home with a contemporary build age on a large, private lot, without the premium price tag of a brand-new property. The finished basement adds valuable flexible space.

The data suggests it would suit practical, value-conscious buyers. It's ideal for first-time homeowners who want a move-in-ready base with expansion potential, or downsizers seeking single-level living (with the basement providing extra room for guests or hobbies). The strong lot size and newer build are assets for a long-term holder, though the below-average living space ranking means it may feel cozy for larger families. Its competitive rankings in assessment value within Winnipeg indicate it represents a solid middle-market opportunity.

Frequently Asked Questions

1. What does the "ranking" data actually tell me?
It shows how this property compares to others in specific categories. For example, being newer than 97% of homes on its street is a significant advantage, while its living space is more compact than most in the broader area. This helps identify its strengths and trade-offs.

2. Is the finished basement included in the 844 sqft living area?
Typically, the listed "living area" (844 sqft) refers to above-grade, heated space. The finished basement is additional square footage, increasing the home's usable space beyond the official figure.

3. The 2016 sale price was $290,000, but the current assessed value is $353,000. What does this mean?
The assessed value is the city's valuation for property tax purposes, which considers market trends. The sale price is historical. The increase reflects market appreciation over eight years, but the actual market value will be determined by current buyer demand.

4. There's no garage. Is there room to add one?
The large lot (over 4,900 sqft) provides ample space for potential additions like a garage, a sizable shed, or deck. This is a key asset for future improvement, subject to local zoning bylaws.

5. The home ranks highly for "newness" but lower for size. What's the overall condition likely to be?
A 1983 build is structurally more modern than many older Winnipeg homes, potentially meaning fewer major system updates. However, its interior finishes and cosmetics will depend on how it has been maintained and updated over the last four decades.

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