38 Ascot Bay

Elmhurst, Winnipeg

Property score

72.1

Good

Overall 72.1 · Smaller and older than most nearby homes

1,176 sqft (bottom 28%) · Built in 1968 (12 yrs older than avg)

Located in a high-income area with median household income of ~116k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 3 parks, and 1 bank/ATM nearby

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Below average

12 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

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Property score

72.1 is composed by the two sections below.

Property Score

61.9Fair
Living Area60
1,176 sqftFair
Year Built52
1968Fair
Lot Size91
7,706 sqftExcellent
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
1,176 sqft
0255075100
Same streetTop 38%Same areaBottom 28%CitywideBottom 48%
Same street · Ascot Bay
#12 / 32
Top 38% · Avg 1,169 sqft
Same area · Elmhurst
#1,062 / 1,480
Bottom 28% · Avg 1,523 sqft
Citywide · Winnipeg
#101,971 / 194,458
Bottom 48% · Avg 1,342 sqft

Tax-Assessed Value

above average
414k
0255075100
Same streetTop 22%Same areaBottom 35%CitywideTop 35%
Same street · Ascot Bay
#7 / 32
Top 22% · Avg 388.2k
Same area · Elmhurst
#965 / 1,480
Bottom 35% · Avg 460.2k
Citywide · Winnipeg
#68,207 / 194,458
Top 35% · Avg 390.1k

Year Built

around average
1968
0255075100
Same streetBottom 28%Same areaBottom 9%CitywideTop 50%

Lot Size

above average
7,706 sqft
0255075100
Same streetTop 31%Same areaTop 31%CitywideTop 12%

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

38 Ascot Bay — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 485 m), 1 healthcare (nearest 482 m), 3 parks (nearest 90 m).

Search radius
🍽️Dining1
🏥Healthcare1
🌳Parks3
🏦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

38 Ascot 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: 38 Ascot Bay, Winnipeg

Property Overview: 38 Ascot Bay, Elmhurst, Winnipeg

Key Characteristics & Appeal

This is a well-situated, classic bi-level home built in 1968, offering a practical layout with a finished basement on a notably large lot of over 7,700 square feet. Its primary appeal lies in its established Elmhurst neighbourhood setting and the generous outdoor space, which is significantly larger than many properties in the area. The home’s value is underscored by its assessment, which ranks higher than the majority of Winnipeg homes.

The property suits first-time buyers or downsizers looking for a manageable footprint with room to grow outdoors, or investors attracted by the solid land value and established community. A thoughtful perspective is that while the home itself is of average size and age for the neighbourhood, its standout feature is the land—offering potential for gardening, expansion, or simply enjoying a rare degree of privacy and space for the area. Its strong value ranking suggests it’s perceived as a sound asset within its market.

Frequently Asked Questions

1. What are the main benefits of a bi-level design?
Bi-levels typically offer efficient use of space with living areas on one level and sleeping areas on another, often with direct walk-out access to the yard from the lower level, which can feel more open than a standard bungalow.

2. How does the large lot size impact me?
Beyond extra yard space, a larger lot can provide more privacy, flexibility for future additions like a garage or deck, and often contributes significantly to the property's long-term value relative to neighbouring homes on smaller plots.

3. The home was built in 1968. What should I consider?
While the core structure is proven, buyers should pay special attention to the age and condition of major systems like plumbing, electrical, and the roof during an inspection, as updates may be needed or planned for.

4. Why is the assessment value ranking higher than the size or age rankings?
This often indicates that the property’s overall market value—influenced by its desirable lot size, location, and condition—is strong compared to other factors alone, suggesting it’s a well-regarded asset in its price range.

5. There's no garage. Is adding one feasible?
The substantial lot size certainly makes it a physical possibility. You would need to investigate specific municipal zoning bylaws, setback requirements, and associated costs to determine feasibility for a future garage or carport.