24 Gnapp Cove

Elmhurst, Winnipeg

Property score

89.6

Excellent

Overall 89.6 · Larger and newer than most nearby homes

2,654 sqft (top 1%) · Built in 1990 (10 yrs newer than avg)

Located in a high-income area with median household income of ~125k

Transit 50.0 · 5-min walk to transit with 1 nearby route · Within 500m: 1 school, 2 parks, and 1 place of worship nearby

Living Area

Above average

74% larger than neighborhood avg.

Year Built

Above average

10 yrs newer than neighborhood avg.

Mother tongue

English · 88%French · 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

89.6 is composed by the two sections below.

Property Score

90.2Excellent
Living Area98
2,654 sqftExcellent
Year Built78
1990Good
Lot Size93
8,055 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

88.7Excellent
Household Income91
Excellent
Education Level82
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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: #46110357

Community deep dive

$125K

Median household income

$158K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

15%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)421
Labour force participation rate67%
Median age49.6
Avg household size2.6
Unemployment rate7%
Population density2631 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households15%
Couple families with children37%
Median household income (2020)$125K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority7%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 88%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

Elite
2,654 sqft
0255075100
Same streetTop 10%Same areaTop 1%CitywideTop 2%
Same street · Gnapp Cove
#1 / 10
Top 10% · Avg 2,252 sqft
Same area · Elmhurst
#16 / 1,480
Top 1% · Avg 1,523 sqft
Citywide · Winnipeg
#3,950 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
704k
0255075100
Same streetTop 10%Same areaTop 2%CitywideTop 4%
Same street · Gnapp Cove
#1 / 10
Top 10% · Avg 616.8k
Same area · Elmhurst
#34 / 1,480
Top 2% · Avg 460.2k
Citywide · Winnipeg
#7,352 / 194,458
Top 4% · Avg 390.1k

Year Built

above average
1990
0255075100
Same streetTop 20%Same areaTop 8%CitywideTop 22%

Lot Size

above average
8,055 sqft
0255075100
Same streetTop 40%Same areaTop 26%CitywideTop 11%

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

24 Gnapp Cove — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 429 m), 2 parks (nearest 411 m).

Search radius
🏫Education1
🌳Parks2
Worship1

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

24 Gnapp Cove: 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.

Related homes

Highlights & common questions: 24 Gnapp Cove, Winnipeg

Property Overview: 24 Gnapp Cove, Elmhurst, Winnipeg

Key Characteristics & Appeal

This 1990-built two-storey home in Elmhurst offers a compelling combination of space, established location, and value. Its key characteristic is its generous 2,654 sqft of living area, which ranks within the top 1% of homes in its community and top 2% citywide, providing ample room for a growing or multi-generational family. The property sits on a large 8,055 sqft lot and includes a finished basement and an attached garage. While it doesn't feature a pool, its appeal lies in its solid, above-average fundamentals: it consistently ranks in the top tiers for size, assessed value, and lot dimensions within its immediate area. The home’s age (36 years) suggests a well-established neighbourhood with mature landscaping, but buyers should be prepared for potential updates.

This property would best suit practical buyers looking for established community feel over brand-new construction. It’s ideal for those who prioritize interior space and a larger yard, and who understand the trade-off of an older home that may require modernizing. It also represents a strong value proposition for buyers seeking a home that outperforms most of the market in key metrics like size and assessed value, offering a tangible sense of "more for your money" in a desirable neighbourhood.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this home against others on its street, in Elmhurst, and across all of Winnipeg. For example, being in the "top 1%" for living area in its community means it is larger than 99% of homes in Elmhurst, indicating exceptional interior space for the area.

2. Is the 1990 build year a concern?
A 36-year-old home is in its middle age. It benefits from being in an established area with mature trees, but systems like the roof, windows, furnace, or air conditioner may be nearing or past their typical lifespans. A thorough inspection is crucial to budget for any necessary updates or maintenance.

3. What are the advantages of such a large lot?
The 8,055 sqft lot offers significant outdoor space for gardening, recreation, or potential additions like a deck or shed. It also provides more privacy and distance from neighbours than newer subdivisions typically offer.

4. The home ranks very high for assessed value. Is the asking price fair?
A high assessment value relative to other homes is a strong indicator of municipal valuation, but it is not a direct determinant of market price. It does suggest the property has features (size, location, improvements) that the city assessor deems valuable, which can be a positive negotiating point.

5. What is the neighbourhood (Elmhurst) like?
Elmhurst is a mature, established neighbourhood in Winnipeg. The high rankings for lot and home size within the community suggest it's an area of larger, well-spaced properties, likely attracting families and offering a settled, residential feel.