Property score
74.3
Good
Overall 74.3 · Older than most nearby homes
1,219 sqft (bottom 31%) · Built in 1969 (11 yrs older than avg)
Located in a high-income area with median household income of ~116k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 parks, and 1 place of worship nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Below average
11 yrs older than neighborhood avg.
Mother tongue
English · 82%French · 2%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
74.3 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: #46110354
$116K
Median household income
$132K
Average household income
2%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
13%
Single-person households
29%
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
22 Ascot Bay — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 158 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 14% | Top 28% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
22 Ascot Bay is a well-established, single-family home in Winnipeg's Elmhurst neighborhood. Built in 1969, it sits on a large, mature lot and features a finished basement and a split garage. The home recently sold in March 2025, indicating strong market activity.
Section 1: Key Characteristics & Appeal
This property’s primary appeal lies in its combination of space, location, and value within a mature community. The nearly 7,800 sqft lot is a significant asset, offering ample outdoor space for gardening, recreation, or future expansion—a rarity compared to newer subdivisions. The home itself, with over 1,200 sqft of living space plus a finished basement, provides practical room for a family or those needing flexible space for a home office or guests.
Its strongest suit is its position within established rankings. It consistently ranks in the top tiers of its immediate street and outperforms most of Winnipeg for lot size and assessed value, suggesting it’s a solid asset in a desirable micro-location. The 2025 sale at a price above the assessed value reflects this desirability.
This home would suit a buyer looking for a "blank canvas" in a stable neighborhood—someone who values a large yard and the bones of a solid, older home but may be prepared to update interiors over time. It’s also a practical choice for those prioritizing lot size over brand-new construction, offering more outdoor privacy and potential than many newer builds.
Section 2: Frequently Asked Questions
1. What does the "finished basement" entail?
The listing confirms a finished basement, which adds valuable living space. Prospective buyers should inquire about the finish quality, ceiling height, and whether it includes a proper bathroom or kitchenette, as these details significantly impact its utility and value.
2. How does the 1969 build year affect the home?
While the home ranks as very new for its street, a 57-year-old house will likely have older major systems (like plumbing, electrical, roof, and windows). A thorough inspection is crucial to understand the condition and any upcoming capital expenditures, which can be offset by the lot value and location.
3. The lot is large, but what is its condition and potential?
A lot of this size is a major advantage. Buyers should consider the cost and effort to maintain it, the health of mature trees, and any local zoning bylaws that would allow for additions like a garage, workshop, or garden suite in the future.
4. Why did it sell for significantly more than its assessed value?
The recent sale price above assessment is common in active markets and often reflects factors not captured in the formal assessment, such as interior updates, market demand for the specific street, or the premium buyers are willing to pay for a large lot.
5. What is the neighborhood feel and convenience like?
Elmhurst is a mature area. Buyers should explore the street and nearby amenities personally to gauge traffic noise, neighbor interactions, and proximity to schools, parks, and shopping to see if it matches their lifestyle needs.
