Property score
77.6
Good
Overall 77.6 · Newer than most nearby homes
1,320 sqft (bottom 40%) · Built in 1984 (4 yrs newer than avg)
Located in a high-income area with median household income of ~127k
Transit 50.0 · 3-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby
Living Area
Near average
13% smaller than neighborhood avg.
Year Built
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 87%French · 2%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
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77.6 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: #46110356
$127K
Median household income
$164K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
11%
Single-person households
41%
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
31 Swansea Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 212 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%
31 Swansea 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
31 Swansea Cove is a well-established, single-storey home in Elmhurst, built in 1984. Its primary appeal lies in its generous, mature 6,455 sqft lot and its move-in-ready condition, featuring a fully finished basement. With 1,320 sqft of living space, an attached garage, and a practical layout, it offers comfortable, low-maintenance living. The home's standout value is its strong relative position in the broader Winnipeg market, ranking within the top 26% by assessed value and the top 23% by lot size, suggesting a solid underlying asset for its price point.
This property would suit first-time buyers or downsizers seeking a stable, no-fuss home in a quiet neighbourhood without a major renovation project. Its above-average rankings for lot size and value in the city indicate it may also appeal to the pragmatic buyer who views a home as a long-term investment, prioritizing land value and equity potential over brand-new finishes. The mature age of the home means systems may need attention, but it also comes with established landscaping and a settled neighbourhood feel.
Frequently Asked Questions
1. What does the ranking data (e.g., "top 26% by value") actually mean?
It's a competitive positioning tool. For example, ranking in the top 26% for assessed value in Winnipeg means this home is valued higher than 74% of all city properties, indicating it's not a bargain-basement listing but one with perceived substance in its lot and location.
2. Is a 42-year-old home a concern?
It represents both character and consideration. While the neighbourhood is established and the home is settled, a pre-purchase inspection is crucial to assess the condition of the roof, windows, and major mechanical systems, which are likely at or beyond their typical lifespans.
3. Who might this layout suit best?
The one-storey (bungalow) design with a finished basement is ideal for those seeking minimal stairs or planning for single-level living in the future. It also offers flexibility, where the basement can serve as a separate family, guest, or hobby space.
4. The lot is large, but what's the catch?
A 6,455 sqft lot is a significant asset, offering space for gardening, play, or expansion. The "catch" is the responsibility: maintenance like lawn care, landscaping, and snow removal is substantial. It's a benefit for those who enjoy outdoor space, not for those seeking a zero-maintenance yard.
5. How does the value here compare to newer areas?
You're paying more for land and location in an established community than for a new build. This home offers more interior space and a much larger lot for the price than many newer townhomes or infills, but with an older structure. It's a trade-off between modern finishes and established space.
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