3470 Eldridge Avenue

Elmhurst, Winnipeg

Property score

61.0

Fair

Overall 61.0 · Smaller than most nearby homes

976 sqft (bottom 8%) · Built in 1979 (1 yr older than avg)

Located in a high-income area with median household income of ~114k

Transit 50.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 school, and 1 park nearby

Living Area

Below average

36% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 88%Chinese · 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

61.0 is composed by the two sections below.

Property Score

47.3Low
Living Area42
976 sqftLow
Year Built67
1979Good
Lot Size46
3,827 sqftLow
Neighbourhood Sales Activity37
Low

Community Score

81.5Excellent
Household Income90
Excellent
Education Level63
Fair
Housing Stress83
Excellent
Core Housing Need88
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: #46110359

Community deep dive

$114K

Median household income

$125K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

18%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)684
Labour force participation rate65%
Median age43.2
Avg household size2.5
Unemployment rate8%
Population density2358 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households18%
Couple families with children35%
Median household income (2020)$114K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)4%
Visible minority5%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 87%
Mother tongue (2nd)Chinese · 0%

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

Rankings

Living Area

below average
976 sqft
0255075100
Same streetBottom 11%Same areaBottom 8%CitywideBottom 24%
Same street · Eldridge Avenue
#124 / 140
Bottom 11% · Avg 1,278 sqft
Same area · Elmhurst
#1,356 / 1,480
Bottom 8% · Avg 1,523 sqft
Citywide · Winnipeg
#148,657 / 194,458
Bottom 24% · Avg 1,342 sqft

Tax-Assessed Value

below average
278k
0255075100
Same streetBottom 5%Same areaBottom 1%CitywideBottom 24%
Same street · Eldridge Avenue
#133 / 140
Bottom 5% · Avg 410.8k
Same area · Elmhurst
#1,463 / 1,480
Bottom 1% · Avg 460.2k
Citywide · Winnipeg
#148,491 / 194,458
Bottom 24% · Avg 390.1k

Year Built

above average
1979
0255075100
Same streetTop 15%Same areaBottom 43%CitywideTop 34%

Lot Size

below average
3,827 sqft
0255075100
Same streetBottom 14%Same areaBottom 1%CitywideBottom 23%

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

3470 Eldridge Avenue — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 152 m), 1 parks (nearest 45 m).

Search radius
🏫Education1
🌳Parks1

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

Sold 12/2017CA$200k–250k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 12%

Related homes

Highlights & common questions: 3470 Eldridge Avenue, Winnipeg

Property Overview

This 1979-built, one-storey home on a spacious 3,827 sqft lot in Elmhurst presents a straightforward value proposition. Its key appeal lies in its relative affordability within the Winnipeg market, underscored by a city assessment below the average sale price from its last transaction in 2017. The home offers 976 sqft of living space and includes an unfinished basement, providing essential utilities and significant storage or future expansion potential.

The property suits first-time buyers or practical investors seeking an entry point into homeownership with a clear, manageable project. Its appeal is grounded in fundamentals: a large lot for the area and a house that, while dated, offers a blank canvas. A less obvious perspective is its positioning within the neighbourhood; it ranks highly for lot size but low for value, suggesting it may be perceived as a land-value play or a candidate for modernization in an area with newer, more valuable homes. It’s a property for those comfortable with a home that currently ranks in the lower tiers of its immediate area for metrics like living space and assessed value, but who see potential in its foundational assets.


Frequently Asked Questions

1. What is the true condition of the home?
The listing notes an unfinished basement and provides no mention of recent renovations. Given its age (47 years) and the fact its last sale was in 2017 for above its current assessed value, buyers should budget for typical maintenance and updates expected of a home from this era.

2. Why is the assessed value lower than the 2017 sale price?
Municipal assessments for tax purposes don't always align directly with market value and can lag behind market shifts. This discrepancy could indicate a correction in the assessed value or reflect specific property conditions. It's a starting point for negotiation, not a definitive market price.

3. Who would this property not suit?
It would not suit buyers seeking a move-in-ready home or those prioritizing immediate equity in a top-ranking area home. The rankings indicate it currently trails most peers in the neighbourhood for size, value, and overall footprint.

4. What are the advantages of the unfinished basement?
While not livable space, it provides direct access to plumbing, electrical, and heating systems for easier inspection and future development. It also offers ample storage, a valuable asset in a smaller, single-storey home.

5. How significant is the lot size?
At 3,827 sqft, the lot is a standout feature, ranking much higher than the home itself within its street and community. This offers valuable outdoor space and is a key asset for future enjoyment, expansion, or redevelopment potential.