Property score
85.8
Excellent
Overall 85.8 · Larger and newer than most nearby homes
2,203 sqft (top 8%) · Built in 1986 (6 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
45% larger than neighborhood avg.
Year Built
Above average
6 yrs newer than neighborhood avg.
Mother tongue
English · 78%Punjabi · 4%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
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85.8 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: #46110353
$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
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 Yarmouth Cove — 9 amenities found within 500 m, across 6 categories, including 3 dining (nearest 330 m), 1 education (nearest 483 m), 1 healthcare (nearest 288 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 | Bottom 1% | Top 24% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 22 Yarmouth Cove, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Elmhurst is defined by its substantial, private lot and spacious interior, offering a rare combination in the city. Its primary appeal lies in the generous 12,401 sqft property, which ranks within the top 3% of all Winnipeg lots for size. This provides exceptional outdoor space for gardening, recreation, and future expansion. The 2,203 sqft living area is also well above average, placing in the top 6% citywide, ensuring ample room for a growing family.
The home suits buyers looking for a long-term family home with significant land in a mature, established neighborhood. It’s ideal for those who value space and privacy over a brand-new build and are comfortable with a home from the 1980s that may require personal updates. The unspoiled basement presents a clear opportunity for future customization to add value and suit the buyer's specific needs. Its strong rankings within the Elmhurst community—particularly for lot and living space—suggest it is a standout property in a desirable area, appealing to someone seeking a premium lot with a solid, functional house to make their own over time.
Section 2: Frequently Asked Questions
1. What does the "unfinished basement" mean for me?
It means the lower level is a blank canvas with plumbing and electrical rough-ins likely in place. This is a cost-saving opportunity if you wish to finish it yourself, but you should budget and plan for that project separately from the purchase price.
2. The house is 40 years old. What should I be concerned about?
Key systems like the roof, windows, furnace, and major appliances may be near or past their typical lifespans. A thorough home inspection is essential to understand the condition and prioritize any necessary updates or replacements.
3. How significant is the lot size, really?
A lot of this size (over a quarter-acre) is uncommon in Winnipeg. It offers immense privacy, space for additions like a garage, workshop, or large deck, and a sense of openness rarely found without leaving the city.
4. The 2016 sale price was $510,000. Why is the assessed value now higher?
The current $567,000 assessment reflects the municipal valuation for tax purposes, influenced by general market increases and the home's standout attributes (lot size, living space) relative to the area. The final market value is determined by current buyer competition and condition.
5. The home ranks very high for lot size but lower for "newness." How do I weigh that?
This highlights the trade-off: you are purchasing a premium, irreplaceable asset (the land) with a structure that may require more ongoing maintenance or modernization. The value is in the property's long-term potential and space, not in a move-in-ready, contemporary finish.
