31 Oswald Bay

Elmhurst, Winnipeg

Property score

74.5

Good

Overall 74.5 · Compared with neighbourhood average

1,263 sqft (bottom 34%) · 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

17% 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)

Sold Count

438

Median price

477k

$/sqft

$391/sqft

Avg build year

1980

Need help understanding this property?

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

Property score

74.5 is composed by the two sections below.

Property Score

65.9Good
Living Area66
1,263 sqftGood
Year Built67
1978Good
Lot Size74
5,840 sqftGood
Neighbourhood Sales Activity37
Low

Community Score

87.4Excellent
Household Income90
Excellent
Education Level91
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health42
Low

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: #46110354

Community deep dive

$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

Population, labour & age

Population (2021)472
Labour force participation rate50%
Median age49.6
Avg household size2.6
Unemployment rate11%
Population density1815 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households13%
Couple families with children29%
Median household income (2020)$116K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority7%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 81%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
1,263 sqft
0255075100
Same streetBottom 1%Same areaBottom 34%CitywideTop 44%
Same street · Oswald Bay
#23 / 23
Bottom 1% · Avg 1,681 sqft
Same area · Elmhurst
#974 / 1,480
Bottom 34% · Avg 1,523 sqft
Citywide · Winnipeg
#86,315 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
448k
0255075100
Same streetBottom 9%Same areaTop 50%CitywideTop 29%
Same street · Oswald Bay
#21 / 23
Bottom 9% · Avg 493k
Same area · Elmhurst
#740 / 1,480
Top 50% · Avg 460.2k
Citywide · Winnipeg
#55,893 / 194,458
Top 29% · Avg 390.1k

Year Built

around average
1978
0255075100
Same streetTop 48%Same areaBottom 39%CitywideTop 35%

Lot Size

around average
5,840 sqft
0255075100
Same streetBottom 17%Same areaBottom 24%CitywideTop 36%

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

31 Oswald Bay — 12 amenities found within 500 m, across 6 categories, including 4 dining (nearest 375 m), 1 healthcare (nearest 390 m), 1 shopping (nearest 380 m).

Search radius
🍽️Dining4
🏥Healthcare1
🛒Shopping1
🌳Parks4
🏦Finance1
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

31 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.

Related homes

Highlights & common questions: 31 Oswald Bay, Winnipeg

Property Overview & Key Characteristics

31 Oswald Bay is a well-established, single-story family home in Winnipeg's Elmhurst neighborhood. Its primary appeal lies in offering a complete, move-in-ready package on a generous lot. The key features include a fully finished basement, an in-ground swimming pool, and an attached garage. With 1,263 sqft of living space built in 1978, it represents a classic, functional layout.

The home’s standout advantage is its outdoor space and amenities. The large 5,840 sqft lot provides ample room for recreation and gardening, significantly enhanced by the private pool—a rare and valuable feature for creating a resort-like atmosphere at home. While the living area is modest relative to the lot size, the finished basement effectively expands the usable space.

This property is ideally suited for a practical buyer looking for a established neighborhood character without a major renovation project. It would fit a family seeking a private backyard oasis for summers, or perhaps empty-nesters wanting single-level living with space for grandchildren to visit and play. The data suggests it offers strong value for its assessed price point, ranking higher in overall value than many comparable homes in Winnipeg.

Frequently Asked Questions

1. How does the age of the home (built in 1978) affect maintenance?
Prospective buyers should budget for updates to major aging components common in homes of this era, such as the roof, windows, or HVAC system. A thorough inspection is crucial, but the home's established nature also means it's settled and any major flaws are likely already known.

2. Is the swimming pool a benefit or a burden?
This depends entirely on the buyer's lifestyle. It's a major source of summer enjoyment and can set the property apart. However, it requires dedicated seasonal maintenance, adds to utility costs, and carries insurance and safety considerations, especially for families with young children.

3. Who is the typical buyer in Elmhurst?
Elmhurst attracts a mix of long-term residents and families drawn to its mature streetscapes and established community feel. The neighborhood rankings show this home sits in a mid-range position locally, appealing to those seeking affordability and space within a well-known area.

4. The living space seems average, but the lot is large. How does this balance out?
This is a key trade-off. The home itself provides comfortable, single-level living. The true value is in the outdoor potential. The large lot allows for expansion (like a deck or addition, subject to permits) or simply offers generous private space that newer subdivisions often lack.

5. What do the competitive rankings actually tell me?
These rankings compare the home to others on its street, in Elmhurst, and across Winnipeg. They indicate that while its living space is common, its total assessed value is notably strong, ranking in the top 26% city-wide. This suggests the combination of its lot, pool, and finished basement is recognized as premium in the market.