Property score
84.0
Excellent
Overall 84.0 · Larger than most nearby homes
1,918 sqft (top 19%) · Built in 1981 (1 yr newer than avg)
Located in a high-income area with median household income of ~116k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 1 healthcare facility, 1 shop, and 4 parks nearby
Living Area
Above average
26% larger than neighborhood avg.
Year Built
Near average
1 yrs newer than neighborhood avg.
Mother tongue
English · 82%French · 2%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
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84.0 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: #46110354
$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
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
39 Oswald Bay — 12 amenities found within 500 m, across 6 categories, including 4 dining (nearest 366 m), 1 healthcare (nearest 378 m), 1 shopping (nearest 382 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 13% | Top 3% | Top 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 39 Oswald Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This 1981-built, two-storey home in Elmhurst sits on a generous 5,371 sqft lot and offers 1,918 sqft of living space. Its key appeal lies in a combination of established character and strong, modern performance metrics. The home features a finished basement and presents as a solid, well-sized family property.
Its standout value is demonstrated by data: it ranks highly within its immediate area for lot size, recent sale price, and assessed value. Notably, it recently sold for significantly above its municipal assessment, indicating strong market confidence. The home is newer than most on its street and offers more living space than the majority of homes across Winnipeg.
This property would suit buyers looking for a move-in ready home in a mature neighbourhood, who value data-backed investment potential. It’s ideal for those who appreciate a home that outperforms its local peers in key metrics like appreciation and size, without being the newest or most extravagant house on the block. It represents a pragmatic choice for a family or long-term buyer seeking stability and proven value growth in an established community.
Section 2: Frequently Asked Questions
1. How does the recent sale price compare to the assessment?
The home sold for $708,000 in August 2024, which is approximately $143,000 above its municipal assessment of $565,000. This suggests the market valued the property notably higher than its official tax valuation at that time.
2. What does the ranking data actually mean for a buyer?
The rankings show how this property compares to others in its immediate area, neighbourhood, and city. For example, ranking in the top 12% of Winnipeg for living size means it's more spacious than 88% of homes in the city. This data helps contextualize its value and desirability against the broader market.
3. Is the lack of a garage a significant drawback?
While the property has no garage, its large lot (over 5,300 sqft) offers potential for future addition or the installation of a shed, depending on local bylaws. This is a common feature in many older, established neighbourhoods and is often factored into the price.
4. The house is over 40 years old. What should I consider?
Built in 1981, the home is in the middle of its expected lifespan for major components. A thorough inspection is crucial to assess the current condition of the roof, windows, plumbing, and electrical systems. The positive aspect is that it is newer than 91% of the homes on its specific street.
5. Why are the rankings for "Land Size" and "Living Area" so different?
The property ranks very high for its lot size but moderately for its living area relative to its own street. This indicates that on Oswald Bay, it has one of the larger plots, but the house itself, while spacious by city standards, is more average in size compared to its direct neighbours. This could appeal to buyers who prioritize outdoor space over sheer interior square footage.
