3481 Beiko Avenue

Elmhurst, Winnipeg

Property score

83.1

Excellent

Overall 83.1 · Compared with neighbourhood average

1,610 sqft (top 41%) · Built in 1981 (1 yr newer than avg)

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

Transit 58.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby

Living Area

Near average

6% larger than neighborhood avg.

Year Built

Near average

1 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

83.1 is composed by the two sections below.

Property Score

79.4Good
Living Area83
1,610 sqftExcellent
Year Built73
1981Good
Lot Size88
7,147 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

above average
1,610 sqft
0255075100
Same streetTop 45%Same areaTop 41%CitywideTop 25%
Same street · Beiko Avenue
#14 / 31
Top 45% · Avg 1,532 sqft
Same area · Elmhurst
#605 / 1,480
Top 41% · Avg 1,523 sqft
Citywide · Winnipeg
#48,384 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
439k
0255075100
Same streetBottom 29%Same areaBottom 46%CitywideTop 30%
Same street · Beiko Avenue
#22 / 31
Bottom 29% · Avg 468.3k
Same area · Elmhurst
#799 / 1,480
Bottom 46% · Avg 460.2k
Citywide · Winnipeg
#58,910 / 194,458
Top 30% · Avg 390.1k

Year Built

around average
1981
0255075100
Same streetBottom 42%Same areaTop 49%CitywideTop 33%

Lot Size

above average
7,147 sqft
0255075100
Same streetTop 39%Same areaTop 49%CitywideTop 16%

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

3481 Beiko Avenue — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 462 m), 2 parks (nearest 453 m).

Search radius
🏫Education1
🌳Parks2

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 8/2024CA$550k–600k
Sold price

Same street

Top 30%

Same area

Top 17%

City-wide

Top 10%

Related homes

Highlights & common questions: 3481 Beiko Avenue, Winnipeg

Property Overview: 3481 Beiko Avenue, Winnipeg

Key Characteristics & Appeal

This 1981-built, one-storey home in Elmhurst sits on a large, 7,147 sqft lot, offering more outdoor space than most Winnipeg properties. With 1,610 sqft of living space, a finished basement, and an attached garage, it provides practical, single-level living. The home’s recent sale price significantly exceeded its assessed value, indicating strong market appeal and potential perceived value not fully captured in the official assessment.

Its primary appeal lies in its balance of space, location, and move-in readiness. The lot size is a standout feature, ranking in the top 16% city-wide, which is rare for a mature neighbourhood and offers ample room for gardening, play, or expansion. While the home itself is of average age for the area, its living space is comfortably above average, ranking in the top 23% in Winnipeg. It suits buyers looking for a established, quiet neighbourhood with room to breathe, particularly those seeking a bungalow layout or who prioritize a large yard over a brand-new build. It would also appeal to value-conscious buyers who see potential in a solid property on a premium-sized lot, where the land itself represents a substantial portion of the asset.

Frequently Asked Questions

1. Why did the home sell for so much more than its assessed value?
Property assessments are based on mass appraisal models and historical data, while the market price reflects current demand, the home’s specific condition, and buyer competition. The premium paid suggests buyers valued the large lot and the home’s features highly in the current market.

2. Is the finished basement included in the 1,610 sqft living area?
Typically, the listed living area (sqft) refers to above-grade space. The finished basement provides additional living area but is not usually included in that official figure, meaning the total usable space is greater than 1,610 sqft.

3. What does the ranking data for the street and neighbourhood mean?
These rankings compare this property to others on the same street, in Elmhurst, and across Winnipeg. For example, its lot size ranks in the top 16% in the city, meaning it’s larger than 84% of Winnipeg properties. This provides context on how its key features stack up locally.

4. What are the implications of a 45-year-old home?
A home of this age is in the mature phase of its lifecycle. It benefits from established trees and neighbourhood character but requires a diligent inspection. Key systems like the roof, windows, furnace, and plumbing may be original or nearing replacement, which should be factored into planning.

5. Who might this property not suit?
It may not suit those seeking a modern, open-concept layout without renovation work, or buyers who prefer a brand-new, low-maintenance property. The single-storey design and larger lot also mean more interior space on one level and more outdoor upkeep, which could be a consideration for some.