Property score
76.6
Good
Overall 76.6 · Compared with neighbourhood average
1,286 sqft (bottom 36%) · Built in 1978 (2 yrs older than avg)
Located in a high-income area with median household income of ~116k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 1 healthcare facility, 1 shop, and 4 parks nearby
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Below average
2 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
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76.6 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
23 Oswald Bay — 12 amenities found within 500 m, across 6 categories, including 4 dining (nearest 372 m), 1 healthcare (nearest 394 m), 1 shopping (nearest 367 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%
23 Oswald Bay: 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 23 Oswald Bay, Winnipeg
Key Characteristics & Appeal
This 1978-built, one-storey home in Elmhurst sits on a substantial 10,063 sqft lot, which is a defining feature. With a finished basement and an attached garage, it offers practical, single-level living. The property’s primary appeal lies in its exceptional land size and established, mature setting. It ranks in the top 6% of all Winnipeg properties for lot size, providing rare space and potential in the city.
The home suits buyers looking for a solid, no-fuss bungalow with room to grow, garden, or simply enjoy privacy. It’s ideal for those who value a large yard over a large house, or for downsizers seeking single-level convenience without compromising on outdoor space. A thoughtful perspective: while the living area is modest, the outstanding lot size offers long-term value that newer subdivisions rarely match, representing a classic trade-off of land over structure. It’s a property for a pragmatic buyer who sees the inherent value in the land itself.
Frequently Asked Questions
1. How does the age of the home (built in 1978) affect its condition and potential costs?
As a 48-year-old home, it benefits from an established neighborhood and mature landscaping. Buyers should budget for age-appropriate updates and a thorough inspection of major systems like roof, windows, and foundation, which are common considerations for homes of this era.
2. What does the lot size ranking actually mean for me?
Ranking in the top 6% in Winnipeg for lot size means this property offers significantly more outdoor space than the vast majority of homes in the city. This translates to greater privacy, gardening potential, room for additions, or simply more space for children and pets to play.
3. The living area is ranked lower than the lot size. Is the house too small?
The 1,286 sqft living area is modest relative to the lot. This home prioritizes land over interior square footage. It may be perfectly sufficient for many, but buyers seeking expansive open-concept interiors should view the property in person to see if the layout meets their needs.
4. What is the significance of the "finished basement"?
A finished basement adds valuable, flexible space that is not reflected in the official living area square footage. It can function as a recreation room, home office, or additional bedrooms, effectively increasing the home's usable space.
5. How should I interpret the assessment value in relation to the asking price?
The municipal assessment of $467,000 is a benchmark for property taxes and may not reflect current market value. It indicates the home is valued above average for Winnipeg (top 23%). The listing price will be determined by current market conditions, the home's specific features, and the seller's expectations.
