Property score
77.7
Good
Overall 77.7 · Compared with neighbourhood average
1,620 sqft (top 39%) · Built in 1982 (2 yrs newer than avg)
Located in a high-income area with median household income of ~114k
Transit 50.0 · 5-min walk to transit with 1 nearby route · Within 500m: 1 school, and 1 park nearby
Living Area
Near average
6% larger than neighborhood avg.
Year Built
Near average
2 yrs newer than neighborhood avg.
Mother tongue
English · 88%Chinese · 1%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
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77.7 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110359
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
163 Woodfield Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 217 m), 1 parks (nearest 312 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 23% | Bottom 49% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 163 Woodfield Bay
This 1,620 sqft two-storey home in Elmhurst, built in 1982, presents a compelling opportunity in Winnipeg's market. Its appeal lies in a combination of above-average space, a well-established neighbourhood, and strong value metrics. The home sits on a near 5,000 sqft lot and features a finished basement and an attached garage.
Key Characteristics & Ideal Buyer
The property stands out for its generous proportions relative to its peers. With a living area larger than 78% of Winnipeg homes, it offers substantial space for the price point. Its 1982 construction date is notably newer than almost all other homes on its street, suggesting it may have modern advantages in a mature setting. The finished basement adds functional living or recreational space.
Its appeal is grounded in solid, practical value. The current assessed value ranks highly, indicating strong official valuation for tax purposes. A thoughtful perspective is that this home represents a "middle-ground" find: it's not the newest nor the largest in the broader area, but it consistently ranks above average across multiple categories—size, age, and value—within its immediate locale. This consistency can indicate a balanced, stable investment.
This home would suit a buyer looking for a move-in ready, spacious family home in a long-established neighbourhood without paying a premium for a brand-new build. It’s ideal for those who prioritize interior space and a classic two-storey layout, and who appreciate a property that holds a competitive position in its specific community.
Frequently Asked Questions
1. How does the age of the home (1982) affect its value and potential needs?
While 44 years old, it is newer than 99% of homes on its street. This suggests major structural components are likely in good condition, but buyers should still budget for updates to era-specific features like windows, roofing, or mechanical systems, which may be nearing the end of their typical lifespan.
2. The community ranking for size is lower than the city-wide ranking. What does this mean?
The home is larger than 78% of Winnipeg homes but only 64% in Elmhurst. This indicates Elmhurst is a neighbourhood with many larger, established homes, so while this property is spacious overall, it faces more local competition in the size category.
3. What is the significance of the 2017 sale price compared to the current assessment?
The 2017 sale of $405,000 and the 2024 assessment of $486,000 show a trajectory of increased value. It's important to note that assessed value is for taxation and not necessarily market price, but the high assessment rank suggests the property is officially valued well above many area comparables.
4. Is the finished basement included in the 1,620 sqft living area?
Typically, in Manitoba, the listed "living area" refers to above-grade, finished space. The finished basement is an additional asset, providing extra usable square footage that is not reflected in the main 1,620 sqft figure.
5. The lot is large, but how does the property rank for land size?
The provided data does not include a specific ranking for the 4,948 sqft lot size. The rankings focus on living area, age, and value. The lot size is a separate, fixed feature that contributes to the property's overall appeal and outdoor space.
